Apyx USDCEthereum · Morpho

Relative cap on all markets with PT-apxUSD-11FEB2027 collateral increases from 0% to 100% of vault assets

CriticalExecutes in 2d 19hIncrease relative cap

Etherscan

Status

Executes in 2d 19h

Queued → executable

Oct 23, 08:04 → Oct 26, 08:04 UTC

Can be vetoed by

2 addresses

At stake

$4.59M TVL · $4.59M max allocatable

Curator or 1 sentinel (0x5d7a…3a7e) can call revoke(data) before 2026-10-26 08:04 UTC. Up to $4.59M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $0; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Apyx USDCIncrease relative capBefore0%After100%0x0696…56f0

Apyx USDC: relative cap on all markets with PT-apxUSD-11FEB2027 collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x10ac…024cShow calldata ›

Queue tx: 0x10ac213fdc523696f537c8a4fd091a009c200e6f81ae9c3aa26408c2fe98024c
Contract: 0x069662d2588fcac24b5c209456db965d151556f0

{
  "call": {
    "args": {
      "idData": "0x000000000000000000000000000000000000000000000000000000000000004000000000000000000000000070a3b0fd5d7781b759a60398a1e9edb465aa420e000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a76400000000000000000000000000000000000000000000000000000000000000000080000000000000000000000000000000000000000000000000000000000000004000000000000000000000000070a3b0fd5d7781b759a60398a1e9edb465aa420e000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9995273534780416
  },
  "capId": "0x6f198d2b9d1f183d307dfabab6e4799194eb9abd64f3273114027eae036e7dad",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x70a3b0fd5d7781b759a60398a1e9edb465aa420e"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xd37ed580b206bb87a0acfe3c387b369a213c607dcfc5cea14691356760ba0ba4",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Apyx USDC ›

Not investment advice. Severity marked AI is model-generated.