Analyst Insight

By reviewing the on-chain metrics for CSRUSDC on Morpho, our risk model classifies this as a standard market performer, aligning with the broader Base lending average.

The current APY of 6.17% is supported by a Total Value Locked (TVL) of $311,686. This pool is currently trading 0.0% below the category average. This yield compression often occurs in under-utilised markets.

Risk Context: With a Safety Score of 52/100, this liquidity pool is positioned for active yield farmers monitoring daily volatility.

Yield Mechanics: How It Works

Understanding the underlying engine is vital for assessing sustainability. The 6.17% APY displayed for CSRUSDC is primarily derived from interest paid by borrowers on the Morpho protocol.

Supply & Demand

When you deposit CSRUSDC, you become a liquidity provider. Borrowers pledge collateral (like ETH or BTC) to take out loans. The interest rate fluctuates based on the Utilisation Rate (currently 89.85%). Since utilisation is high, interest rates have increased to encourage repayments and attract new deposits.

Risk Strategy & Management

While Morpho is a reputable protocol, no yield is without risk. Based on the current Safety Score of 52/100, the following approac may suit (DYOR):

• Smart Contract Risk: Ensure you are comfortable with the audit history of Morpho.
• Liquidity Risk: With a TVL of $311,686, slippage is a potential concern for whales.
• Strategy: Monitor weekly. Consider diversifying across multiple chains to mitigate protocol-specific risks.

Frequently Asked Questions

Advanced Tools

Enhance your stablecoin yield data analysis with our suite of tools:

• Profit Calculator: Forecast compound interest earnings.
• Safety Audit: Deep dive into the risk factors.
• Liquidity Depth: Analyse market dominance and slippage.