Kabu USDCEthereum · Morpho

Relative cap on market ENA/USDC (LLTV 62.5%) via adapter 0xc113…4673 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 market ENA/USDC (LLTV 62.5%) via adapter 0xc113…4673 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x8156…3af6Show calldata ›

Queue tx: 0x81567dedda4151280aa8a59a730461a71d584cb209285d4bc6aec130267a3af6
Contract: 0x54210d3f1a066413891af9e17210e787d5c6e3f4

{
  "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": 0.9997277499211978
  },
  "capId": "0xc6f8786a7a0ccf8b233db6fea3439d20da36f0e07817fad61959554763c3cf97",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0xc113971f31489a8e5d589a2120f9ca2ac4794673",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "625000000000000000",
      "oracle": "0x80ce44841ccd9cc6873e759802240f65648f22d1",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x57e114b691db790c35207b2e685d4a43181e6061"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "625000000000000000",
    "oracle": "0x80ce44841ccd9cc6873e759802240f65648f22d1",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x57e114b691db790c35207b2e685d4a43181e6061",
    "collateralSymbol": "ENA",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x614d497c2e7ee78bf0a6e3f83f80eb3abe3735e595c16bec33415dc5bda6604a",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Kabu USDC ›

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