---
title: Morpho vbWETH/yvUSDC Lender Borrower
chain: Katana
chainId: 747474
address: 0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888
token: vbETH
tvl: $222.50K
apy_net: 0.00%
url: https://yearn.fi/vaults/747474/0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888
source: https://kong.yearn.fi/api/rest/snapshot/747474/0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888
canonical_data: https://kong.yearn.fi/api/rest/snapshot/747474/0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888
derived_from_kong: true
updated: 2026-05-29T20:25:46.669Z
---

# Morpho vbWETH/yvUSDC Lender Borrower (ysvbETH)

This vault uses vbWETH as collateral on Morpho markets to borrow vbUSDC. It then deposits that USDC into Yearn's yvvbUSDC vault to earn yield there.

**URL:** https://yearn.fi/vaults/747474/0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888
**Canonical data:** https://kong.yearn.fi/api/rest/snapshot/747474/0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888

This markdown is generated live from Kong REST for discovery convenience. Use the canonical JSON snapshot for current APY, TVL, strategy composition, fees, and availability.

## Overview

| Field | Value |
|-------|-------|
| Chain | Katana (ID: 747474) |
| Token | Vault Bridge ETH (vbETH) |
| Token Address | `0xEE7D8BCFb72bC1880D0Cf19822eB0A2e6577aB62` |
| Vault Address | `0x2F0b01d1F36FB2c72f7DEB441a2a262e655d6888` |
| API Version | 3.0.4 |
| Kind | N/A |
| TVL | $222.50K |
| Risk Level | N/A |

## Performance

| Period | Net APY/APR |
|--------|-------------|
| Current (net APY) | 0.00% |
| Gross APR | 0.00% |
| 7-day net | -0.51% |
| 30-day net | 0.20% |
| Since inception | 0.64% |

## Fees

| Fee | Rate |
|-----|------|
| Performance | 0.00% |
| Management | 0.00% |

## Strategies

_No strategy data available._