KPK USDC YieldEthereum · Morpho

Relative cap on market PT-USD3-17DEC2026/USDC (LLTV 86%) via adapter 0x4f74…8550 increases from 0% to 100% of vault assets

CriticalStale · executable 8d 19hIncrease relative cap

Etherscan

Status

Stale · executable 8d 19h

Queued → executable

Oct 2, 19:24 → Oct 5, 19:24 UTC

Can be vetoed by

2 addresses

At stake

$9.42M TVL · $9.42M max allocatable

Timelock has passed: anyone can execute this now. Curator or 1 sentinel (0x8b88…a537) can call revoke(data) until it is executed. Up to $9.42M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $759K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

KPK USDC YieldIncrease relative capBefore0%After100%0xd5cc…aa13

KPK USDC Yield: relative cap on market PT-USD3-17DEC2026/USDC (LLTV 86%) via adapter 0x4f74…8550 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x4e8a…70fdShow calldata ›

Queue tx: 0x4e8a1e9dca804ca179053aaf9aa129b49cd8ec966144db908c5aa658f27a70fd
Contract: 0xd5cce260e7a755ddf0fb9cdf06443d593aaeaa13

{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "capId": "0x447cabeabf3e61ffc30daab95b4d217aab81bee6d14281e2e437858d5891d742",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x4f74895557bea2de5d51d8c06e944da92dbc8550",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "860000000000000000",
      "oracle": "0xe5e6ec063e63a9d0c6ac041d0ad2bd03f7f08d72",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "860000000000000000",
    "oracle": "0xe5e6ec063e63a9d0c6ac041d0ad2bd03f7f08d72",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d",
    "collateralSymbol": "PT-USD3-17DEC2026",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x2aa3ee51a0ebc4cb9d7ed9d3864e60d5d700945a55a147cf235c87709ac06090",
  "selector": "0x2438525b"
}

All changes on KPK USDC Yield ›

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