Apyx USDCEthereum · Morpho

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

CriticalExecutes in 2d 19hIncrease relative cap

Etherscan

Status

Executes in 2d 19h

Queued → executable

Oct 23, 07:53 → Oct 26, 07:53 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 07:53 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 market PT-apyUSD-11FEB2027/USDC (LLTV 86%) via adapter 0x5854…6424 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xa38d…5678Show calldata ›

Queue tx: 0xa38d99ce411c59b8c39ba5c0a68688275f19fd0b9e3fbe08801069f797c75678
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": 0.9995266410418736
  },
  "capId": "0xfb3a281fd4ea313d4ac8192ac14a835ebc917af1ef4b94d4734716495483d832",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x585429b66cd69a2021267918aff8a775b9df6424",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "860000000000000000",
      "oracle": "0xed0ad6670cc33fbf476f7db1fe6ab427aae2e9cd",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0x60b1e75ede859e496c281d308bc94b6965ac4847"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "860000000000000000",
    "oracle": "0xed0ad6670cc33fbf476f7db1fe6ab427aae2e9cd",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x60b1e75ede859e496c281d308bc94b6965ac4847",
    "collateralSymbol": "PT-apyUSD-11FEB2027",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xc387fc25b48580058e901c1933f6a93ffb32f8b3ed59aab51598a46f585b75a8",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Apyx USDC ›

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