defi · Treasury & cash · Base

Apostro VNX Swiss Franc VCHF

av:defi:base:erc4626:6e6f9b5c:v1

The first CHF vault on Morpho. Earn stable yield by lending VCHF by VNX. The yield is generated from loans backed by blue-chip collateral.

Enough is on the record to act on-chain

Curator, fee, timelock and indexed rates are present, and the index did not flag a severe warning. You can open the live deposit. You can lose what you deposit. This score is not a forecast and not a recommendation.

89of 100

Score rank 1 of 1

Public TVL
$243,863
Indexed net rate
0.58%
Ex-rewards
0.58%
Peer TVL rank
1 of 1 VCHF
SmallerVCHF on BaseLarger

Rank 1 of 1. 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.

Decision score

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.

Identity100

Contract address, chain and asset are on the record.

Curator named100

Apostro

Fee disclosed100

10.00% performance fee (indexed)

Timelock100

3 day delay on queued changes.

Idle liquidity54

21.8% of public TVL is marked liquid. Idle cash is not a promise you can exit in full.

Reward dependence100

Indexed net rate and the ex-rewards rate are nearly the same.

Warnings100

The index returned no warning.

Yield context100

Current and trailing average net rates. Neither is a forecast.

Public size10

Size is context. A larger vault is not a better one.

Written mandate100

A curator description was indexed and is quoted, not endorsed.

Indexed rates

Each point is an indexed window, not a daily price. The path can fall. It is not a forecast.

0.7%0.3%0.0%CurrentAverageEx-rewards

Indexed share price 1.2187 USD. A share price above 1 is accounting, not a promise.

Where capital sits

Collateral behind the indexed supply. Markets are grouped. Small dust is omitted.

Allocation was not returned for this pull.

How capital moves

  1. 1 · You

    Deposit VCHF from your own wallet.

  2. 2 · Vault

    ERC-4626 vault share. The share is a claim on the vault’s assets under that contract, not a fund unit.

  3. 3 · Strategy

    Curated on-chain lending · Apostro

  4. 4 · Exit

    On-chain withdraw. A queue, cap or empty liquid balance can delay it. Instant liquidity is not implied.

Indexed liquidRest of public TVL

21.8% of TVL is the indexed liquid balance ($53,129). The rest is deployed and may not be withdrawable at once.

What can go wrong

Smart contract

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.

Upgrade / admin

Roles may change fees, caps or where capital sits.

Indexed timelock 3 days.

Collateral

Borrowed asset is lent against collateral that can fall or freeze.

See the allocation chart. LLTV is a parameter, not a prediction.

Oracle

A bad price can distort liquidations in the underlying markets.

Oracle set is not enumerated in this feed.

Liquidity

A withdraw uses the vault’s liquid balance and the markets underneath.

Indexed liquid balance about $53,129.

Curator

Someone chooses the markets. That choice can be wrong.

Apostro

Incentives

A displayed net rate can include rewards that end.

Compare the current rate with the ex-rewards rate on this page.

Warnings

The indexer may flag a known issue. Absence of a flag is not a clean bill of health.

No warning on this pull.

Operator

Apostro

Curator · Indexed timelock of 3 days on the slowest disclosed change. A zero means some functions can move immediately.

“The first CHF vault on Morpho. Earn stable yield by lending VCHF by VNX. The yield is generated from loans backed by blue-chip collateral.” Indexed curator text. Not written or checked by AltVaults.
Fee
10.00% performance fee (indexed)
Access
Public DeFi access
Standard
ERC-4626
Contract
0x6e6fcac197ee06d0164c0fba218c7bcb878f9b5c

How to read this record

What you would hold

ERC-4626 vault share. The share is a claim on the vault’s assets under that contract, not a fund unit. The operator on this record is Apostro. The description above the fold is the curator’s own text.

How value gets in

Self-custodial deposit of VCHF. Access is marked Public DeFi access. Fee on the record: 10.00% performance fee (indexed).

How value gets out

On-chain withdraw. A queue, cap or empty liquid balance can delay it. Instant liquidity is not implied. 21.8% of indexed TVL is currently marked liquid. A full exit can still wait on the markets underneath.

What would change the call

Idle liquidity, 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.

If you decide to act

  1. 01

    Check the gaps

    Read any warning, the reward gap and the liquid share before you sign.

  2. 02

    Use your own wallet

    Open the live vault and deposit only what you can afford to lose. AltVaults does not take custody.

  3. 03

    Keep the URL

    This page is the record. The Morpho app is the venue. They are not the same organisation.

Record notes

  • Asset VCHF on Base.
  • Indexed curator: Apostro.
  • Historical period rates on this page are protocol-indexed accounting, not AltVaults estimates.

Updated 2026-11-04 03:41 · Morpho GraphQL. Vaults under $1,000 TVL are excluded from this wider registry. Audits are not in this feed.