Keyrock USDCEthereum · Morpho

Relative cap on all markets with USPC collateral increases from 0% to 50% of vault assets

NotableExecutes in 2d 20hIncrease relative cap

Etherscan

Status

Executes in 2d 20h

Queued → executable

Oct 20, 09:28 → Oct 23, 09:28 UTC

Can be vetoed by

2 addresses

At stake

$8.24M TVL · $4.12M max allocatable

Curator or 1 sentinel (0xeab6…3408) can call revoke(data) before 2026-10-23 09:28 UTC. Up to $4.12M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $1.67M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Keyrock USDCIncrease relative capBefore0%After50%0x0442…c145

Keyrock USDC: relative cap on all markets with USPC collateral increases from 0% to 50% of vault assets

Raw transaction

increaseRelativeCap · tx 0x2d4d…83daShow calldata ›

Queue tx: 0x2d4d50f9bf83301164ee7bee215e3562ea571cf4a8ee5bf5e3e70e11dc9b83da
Contract: 0x04422053addbc9bb2759b248b574e3fca76bc145

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000bf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "500000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000006f05b59d3b2000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000bf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9998565966773761
  },
  "capId": "0x6da1460853f4a53f6d398a9e560439c55a8151134e98a1b838e474643a0c6bb5",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xbf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x13dc751f066316810eff7d6f470a61577a7dbf25833ed05ba30013d69c28b253",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Keyrock USDC ›

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