Kabu USDCEthereum · Morpho

Relative cap on all markets with ENA collateral increases from 0% to 100% of vault assets

CriticalExecutes in 6d 18hIncrease relative cap

Etherscan

Status

Executes in 6d 18h

Queued → executable

Oct 21, 00:52 → Oct 28, 00:52 UTC

Can be vetoed by

2 addresses

At stake

$1.53M TVL · $1.53M max allocatable

Curator or 1 sentinel (0x5a9a…77c2) can call revoke(data) before 2026-10-28 00:52 UTC. Up to $1.53M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $0.00115; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Kabu USDCIncrease relative capBefore0%After100%0x5421…e3f4

Kabu USDC: relative cap on all markets with ENA collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x8156…3af6Show calldata ›

Queue tx: 0x81567dedda4151280aa8a59a730461a71d584cb209285d4bc6aec130267a3af6
Contract: 0x54210d3f1a066413891af9e17210e787d5c6e3f4

{
  "call": {
    "args": {
      "idData": "0x000000000000000000000000000000000000000000000000000000000000004000000000000000000000000057e114b691db790c35207b2e685d4a43181e6061000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a76400000000000000000000000000000000000000000000000000000000000000000080000000000000000000000000000000000000000000000000000000000000004000000000000000000000000057e114b691db790c35207b2e685d4a43181e6061000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9997277499211978
  },
  "capId": "0x21c149a6bc7c2c2eacfefdcd2f865546a9bd7800af125e1ab8f79c55649f824d",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x57e114b691db790c35207b2e685d4a43181e6061"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xa2e5803602431ceeadc0aaac36741f3887e556b12e17dd5e0410e1b4decdb9b8",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Kabu USDC ›

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