August Digital Ltd · August (also known as August Digital, formerly Fractal) is an institutional crypto prime brokerage that provides on-chain smart-contract accounts, risk engines, and execution tools connecting institutions to DeFi protocols such as Morpho, Aave, and Uniswap.
Reasonable, but a real recurring loss source is present
Loss axis only (yield/fees excluded). Curator-level Expected Loss, TVL-weighted across the live book. v1 (curatorwatch-risk-methodology-v1.md), schema 1.0.0 · model 4b840ab · updated 2026-07-06.
Daily closing AUM from CuratorWatch snapshots — hover for any day. History begins when tracking began, not at the curator’s inception.
| Deal | |||||||
|---|---|---|---|---|---|---|---|
| August USDC V2 | USDC | morpho | — | $6.34M | 7.55% | 0% | — |
| August USDC V2 | USDC | morpho | B | $4.70M | 9.99% | 0% | — |
| August AUSD V2 | AUSD | morpho | A | $1.01M | 3.96% | 0% | — |
| August AUSD | AUSD | morpho | — | $674.13K | — | 0% | — |
| August USDC | USDC | morpho | — | $2.60K | 9.95% | 0% | — |
EL grade is the vault’s Expected-Loss rating from CuratorWatch’s loss-anchored model — the annual loss an LP should expect (probability of loss × severity), graded A+ (lowest expected loss) through E. Hover a grade for the modeled bps/yr and confidence interval; “—” means not yet rated. Deal links open the deposit flow for vaults this curator currently offers through Turtle, with TVL and APR pulled live from the opportunity.
Healthy liquidations repay lenders in full; bad debt is the loss signal. Full event detail lives in the Liquidations lens.
Total AUM grew 119.4% in 24h ($5.78M → $12.68M). Strong growth signal.
TVL fell 52.5% in 24h ($2.12M → $1.01M). Significant capital outflow detected.
TVL fell 43.6% in 24h ($3.77M → $2.12M). Significant capital outflow detected.
TVL fell 11.9% in 24h ($4.27M → $3.77M). Monitor for continued outflows.
TVL fell 42.0% in 24h ($7.37M → $4.27M). Significant capital outflow detected.
Total AUM fell 5.0% in 24h ($13.39M → $12.72M). Monitor for continued outflows.
APY decreased 81.2% from 7-day average (0.23% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 89.7% from 7-day average (0.41% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 91.5% from 7-day average (0.50% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 93.0% from 7-day average (0.61% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 94.3% from 7-day average (0.74% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 182.2% from 7-day average (1.22% → -1.00%). This is a >30% deviation, happening <5% of the time.
APY moved 29.5% from 7-day average (0.66% → 0.86%). Monitor for continued volatility.
APY moved 21.6% from 7-day average (0.63% → 0.76%). Monitor for continued volatility.
Total AUM fell 8.7% in 24h ($14.81M → $13.52M). Monitor for continued outflows.
TVL fell 18.5% in 24h ($7.04M → $5.74M). Monitor for continued outflows.
APY increased 43.2% from 7-day average (0.60% → 0.86%). This is a >30% deviation, happening <5% of the time.
APY increased 37.1% from 7-day average (0.56% → 0.77%). This is a >30% deviation, happening <5% of the time.
APY increased 32.6% from 7-day average (0.52% → 0.68%). This is a >30% deviation, happening <5% of the time.
APY moved 29.1% from 7-day average (0.47% → 0.61%). Monitor for continued volatility.
Total AUM fell 6.8% in 24h ($16.02M → $14.93M). Monitor for continued outflows.
TVL fell 13.3% in 24h ($8.29M → $7.19M). Monitor for continued outflows.
APY moved 26.9% from 7-day average (0.43% → 0.55%). Monitor for continued volatility.
APY moved 25.5% from 7-day average (0.40% → 0.50%). Monitor for continued volatility.
APY moved 25.3% from 7-day average (0.36% → 0.45%). Monitor for continued volatility.
Users with positions across multiple vaults