---
title: Morpho vbWBTC/yvUSDT Lender Borrower
chain: Katana
chainId: 747474
address: 0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7
token: vbWBTC
tvl: $160.78
apy_net: 0.00%
url: https://yearn.fi/vaults/747474/0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7
source: https://kong.yearn.fi/api/rest/snapshot/747474/0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7
canonical_data: https://kong.yearn.fi/api/rest/snapshot/747474/0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7
derived_from_kong: true
updated: 2026-05-29T20:27:41.436Z
---

# Morpho vbWBTC/yvUSDT Lender Borrower (ysvbWBTC)

This vault uses vbWBTC as collateral on Morpho markets to borrow vbUSDT. It then deposits that USDT into Yearn's yvvbUSDT vault to earn yield there.

**URL:** https://yearn.fi/vaults/747474/0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7
**Canonical data:** https://kong.yearn.fi/api/rest/snapshot/747474/0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7

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 WBTC (vbWBTC) |
| Token Address | `0x0913DA6Da4b42f538B445599b46Bb4622342Cf52` |
| Vault Address | `0x3384246D42cAc0B8DD9BBDbE902A06D0814244f7` |
| API Version | 3.0.4 |
| Kind | N/A |
| TVL | $160.78 |
| Risk Level | N/A |

## Performance

| Period | Net APY/APR |
|--------|-------------|
| Current (net APY) | 0.00% |
| Gross APR | 0.00% |
| 7-day net | 0.00% |
| 30-day net | -0.73% |
| Since inception | 32.47% |

## Fees

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

## Strategies

_No strategy data available._
