Wintermute USDC SelectEthereum · Morpho

Relative cap on all markets with PT-USD3-17DEC2026 collateral increases from 0% to 100% of vault assets

CriticalExecutes in 28hIncrease relative cap

Etherscan

Status

Executes in 28h

Queued → executable

Oct 8, 17:56 → Oct 15, 17:56 UTC

Can be vetoed by

2 addresses

At stake

$45.4M TVL · $45.4M max allocatable

Curator or 1 sentinel (0x77fc…9fbe) can call revoke(data) before 2026-10-15 17:56 UTC. Up to $45.4M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $21M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Wintermute USDC SelectIncrease relative capBefore0%After100%0xa2ea…68cd

Wintermute USDC Select: relative cap on all markets with PT-USD3-17DEC2026 collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xf35c…89a3Show calldata ›

Queue tx: 0xf35c13ae17bf8e904a3c5009ff4c7cdc6c6a9a4f6f98170cd9e3b9e3b94989a3
Contract: 0xa2eaad0d586cf9fd73bb2c09cf6a7e3e187d68cd

{
  "call": {
    "args": {
      "idData": "0x00000000000000000000000000000000000000000000000000000000000000400000000000000000000000007f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a7640000000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000400000000000000000000000007f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "capId": "0x2563a4f8438da0ff340852f91b5467917919beb0515301f21a5c43045c164bf5",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x42d8c853f551eb3192e22f99ebb42a6f83753fef80ab1553f1f475f69bd5fc75",
  "selector": "0x2438525b"
}

All changes on Wintermute USDC Select ›

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