Apyx USDCEthereum · Morpho

Relative cap on all markets with PT-apyUSD-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, 07:55 → Oct 26, 07:55 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 07:55 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-apyUSD-11FEB2027 collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xb7ea…c054Show calldata ›

Queue tx: 0xb7ea7466d49ebf9a54c88ef9fb2f8ae7768301b4fe8f05c471118badb5f8c054
Contract: 0x069662d2588fcac24b5c209456db965d151556f0

{
  "call": {
    "args": {
      "idData": "0x000000000000000000000000000000000000000000000000000000000000004000000000000000000000000060b1e75ede859e496c281d308bc94b6965ac4847000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a76400000000000000000000000000000000000000000000000000000000000000000080000000000000000000000000000000000000000000000000000000000000004000000000000000000000000060b1e75ede859e496c281d308bc94b6965ac4847000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9995256870620204
  },
  "capId": "0x1390319ab06663b538882e83b846ceca511ff15208af9b113a7912d867b4dda7",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x60b1e75ede859e496c281d308bc94b6965ac4847"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x7618cdc5b45ee1593996cc4d8fbd7522e091da8b6b6a16e0c5d2657b0e3e7aca",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Apyx USDC ›

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