Indexed rates
Each point is an indexed window, not a daily price. The path can fall. It is not a forecast.
defi · Treasury & cash · Ethereum
av:defi:eth:v2:153b4a57:v1
Alpha USDC Forex allocates USDC into overcollateralized on-chain credit markets with a core focus on foreign exchangerelated strategies. Exposure is primarily directed toward institutional FX liquidity cross-currency funding and market-neutral currency arbitrage structures operating within defined risk and liquidity constraints. The mandate emphasizes disciplined leverage structured collateral frameworks and transparent on-chain execution.
Read the gaps before you act
The deposit path exists, but a careful reader is missing a curator name, a timelock, a clean warning state, or another fact this score treats as material. Acting now means accepting that gap.
Score rank 132 of 199
Rank 84 of 199. Further right means a larger public figure, not a better vault.
Information only. Not investment advice, an offer, solicitation or endorsement. The decision score measures how complete the operating facts are. It is not a forecast, a safety rating or a recommendation to deposit.
Each bar is a fact, weighted in the open. A high score means the record is more complete. It does not mean the vault will make money.
Contract address, chain and asset are on the record.
The index did not name a curator.
10.00% performance fee (indexed)
0.0 day delay on queued changes.
0.0% of public TVL is marked liquid. Idle cash is not a promise you can exit in full.
Indexed net rate and the ex-rewards rate are nearly the same.
v2_warning_feed_not_in_index
Current and trailing average net rates. Neither is a forecast.
Size is context. A larger vault is not a better one.
A curator description was indexed and is quoted, not endorsed.
Each point is an indexed window, not a daily price. The path can fall. It is not a forecast.
Collateral behind the indexed supply. Markets are grouped. Small dust is omitted.
Allocation was not returned for this pull.
1 · You
Deposit USDC from your own wallet.
2 · Vault
Morpho Vault V2 share. Confirm the share token in the app before you treat it as an ERC-4626 claim.
3 · Strategy
Curated on-chain lending vault
4 · Exit
On-chain withdraw. A queue, cap or empty liquid balance can delay it. Instant liquidity is not implied.
0.0% of TVL is the indexed liquid balance ($13). The rest is deployed and may not be withdrawable at once.
A bug can lock or lose deposited assets.
ERC-4626 interface. An audit is not proof the code is safe, and this index does not attach audits.
Roles may change fees, caps or where capital sits.
Timelock was not in the index.
Borrowed asset is lent against collateral that can fall or freeze.
See the allocation chart. LLTV is a parameter, not a prediction.
A bad price can distort liquidations in the underlying markets.
Oracle set is not enumerated in this feed.
A withdraw uses the vault’s liquid balance and the markets underneath.
Indexed liquid balance about $13.
Someone chooses the markets. That choice can be wrong.
Curator not named in this index
A displayed net rate can include rewards that end.
Compare the current rate with the ex-rewards rate on this page.
The indexer may flag a known issue. Absence of a flag is not a clean bill of health.
v2_warning_feed_not_in_index
Curator not named in this index
Protocol · Allocator, fee and pause roles are not fully described by this market index.
“Alpha USDC Forex allocates USDC into overcollateralized on-chain credit markets with a core focus on foreign exchangerelated strategies. Exposure is primarily directed toward institutional FX liquidity cross-currency funding and market-neutral currency arbitrage structures operating within defined risk and liquidity constraints. The mandate emphasizes disciplined leverage structured collateral frameworks and transpar” Indexed curator text. Not written or checked by AltVaults.
Morpho Vault V2 share. Confirm the share token in the app before you treat it as an ERC-4626 claim. The operator on this record is Curator not named in this index. The description above the fold is the curator’s own text.
Self-custodial deposit of USDC. Access is marked Public DeFi access. Fee on the record: 10.00% performance fee (indexed).
On-chain withdraw. A queue, cap or empty liquid balance can delay it. Instant liquidity is not implied. 0.0% of indexed TVL is currently marked liquid. A full exit can still wait on the markets underneath.
Curator named, Timelock, Idle liquidity, Warnings, Public size sitting under 70 is the gap. Closing it does not make the vault a good investment. It makes the record easier to judge.
01
Read any warning, the reward gap and the liquid share before you sign.
02
Open the live vault and deposit only what you can afford to lose. AltVaults does not take custody.
03
This page is the record. The Morpho app is the venue. They are not the same organisation.
Updated 2026-11-04 03:41 · Morpho Vault V2 index. Vaults under $1,000 TVL are excluded. The warning feed is not loaded for V2 rows.