Our Select vaults consist of existing blue-chip high-TVL markets on Morpho, expanded by a few select higher-yield opportunities. It provides higher yield compared to Prime while maintaining balanced risk exposure. Our borrowing activity on Wildcat, where we have established credit lines in USDC, USDT, WETH, cbBTC, and WBTC, provides a natural pipeline for scaling this tier.
The Select tier is currently represented by the Wintermute USDC Select vault on Ethereum.
Deployment details
| Field | Value |
|---|---|
| Chain | Ethereum |
| Asset | USDC |
| Vault infrastructure | Morpho Vault V2 |
| Target APY | 5–8% (correlated to market conditions) |
| Performance fee | 0% |
| Management fee | 0% |
| Force deallocate penalty | 0% (better UX for larger withdrawals) |
| Deployment address | 0xA2EAaD0D586cF9FD73bb2c09cF6A7E3e187D68cd |
| Owner | Safe Multisig 4/6 |
| Curator | Safe Multisig 3/5 |
Markets
Select allocates across blue-chip markets and a small set of vetted higher-yield opportunities:
| Market | LLTV |
|---|---|
| cbBTC / USDC | 86% |
| wstETH / USDC | 86% |
| WBTC / USDC | 86% |
| stUSDS / USDC | 86% |
| v-wmtUSDC / USDC | 86% |
Timelocks
Timelocks for specific functions follow Morpho's requirements. Critical changes (e.g. the addition of a new market) are delayed by at least 3 days before execution. More critical actions are delayed by 7 days. Exact timelock specifications are visible on the Morpho UI alongside other technical specifics.
Select includes Pendle PT markets and other higher-LLTV positions. Review the full Risks & Monitoring page before depositing.