Apyx USDCEthereum · Morpho

Relative cap on market PT-apxUSD-11FEB2027/USDC (LLTV 86%) via adapter 0x5854…6424 increases from 0% to 100% of vault assets

CriticalExecutes in 2d 19hIncrease relative cap

Status
Executes in 2d 19h
Queued → executable
Oct 23, 08:02 → Oct 26, 08:02 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 08:02 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

Apyx USDCIncrease relative capBefore0%After100%0x0696…56f0
Apyx USDC: relative cap on market PT-apxUSD-11FEB2027/USDC (LLTV 86%) via adapter 0x5854…6424 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x512d…fbceShow calldata ›
Queue tx
0x512d3442591cc5d36ad2355c773f299bf44d3f906a3a34e4b8a83ce7c9affbce
Contract
0x069662d2588fcac24b5c209456db965d151556f0
{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9995256870620204
  },
  "capId": "0x84ef66f9c99f9eb7691e9c0c014c09bef03ffc1ffd6eb84591073a570681e773",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x585429b66cd69a2021267918aff8a775b9df6424",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "860000000000000000",
      "oracle": "0x70258a4b0adb3db5ffb3e8fca1e5082e796ad6a0",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x70a3b0fd5d7781b759a60398a1e9edb465aa420e"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "860000000000000000",
    "oracle": "0x70258a4b0adb3db5ffb3e8fca1e5082e796ad6a0",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x70a3b0fd5d7781b759a60398a1e9edb465aa420e",
    "collateralSymbol": "PT-apxUSD-11FEB2027",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x997621a5935b9c103a612aa121cebc2c9c593c064b3b8b7bf19030cb6d99986a",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Apyx USDC ›

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