Clearstar Labs AG is a Swiss blockchain advisory and infrastructure provider that acts as an onchain risk curator, deploying and managing institutional-grade yield vaults across DeFi lending protocols including Morpho and Euler.
Strong across credit, technical, and operational risk
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 | |||||||
|---|---|---|---|---|---|---|---|
| Flare XRP Yield Vault | earnXRP | upshift | — | $36.12M | 8.00% | 10% | — |
| Re Ecosystem Vault | USDC | morpho | A+ | $9.94M | 10.19% | 10% | — |
| EVK Vault esUSN-1 | sUSN | euler | — | $7.50M | — | 0% | — |
| Clearstar Fusion | WETH | unknown | — | $5.90M | 3.24% | 0% | — |
| Clearstar Fusion | cbETH | unknown | — | $5.86M | — | 0% | — |
| EVK Vault eFXRP-1 | FXRP | euler | — | $4.22M | — | 0% | — |
| EVK Vault eUSDC-100 | USDC | euler | — | $3.80M | 8.11% | 0% | — |
| Clearstar Earn USDC | USDC | unknown | — | $2.16M | 7.31% | 0% | — |
| Clearstar Reactor | USDC | unknown | — | $2.05M | 4.98% | 0% | — |
| Coinmerce Capital USDC | Coinmerce USDC | upshift | — | $2.02M | — | 0% | — |
| Coinmerce Capital USDC | USDC | pendle | — | $2.02M | 6.19% | 0% | — |
| Clearstar RWA | deJAAA | unknown | — | $1.71M | — | 0% | — |
| Clearstar RWA | USDC | unknown | — | $1.46M | 8.09% | 0% | — |
| Clearstar USDC Core | USDC | morpho | B+ | $1.18M | 10.92% | 10% | — |
| EVK Vault eHYBOND-1 | HYBOND | euler | — | $1.11M | — | 0% | — |
| Clearstar Earn USDC | USDC | unknown | — | $864.54K | 5.69% | 0% | — |
| EVK Vault eUSDC-132 | USDC | euler | — | $855.54K | 3.78% | 0% | — |
| Upshift Wildcat USD | wildUSD | upshift | — | $806.02K | 15.00% | 0% | — |
| EVK Vault ekHYPE-3 | kHYPE | euler | — | $805.67K | 0.00% | 0% | — |
| EVK Vault esUSN-6 | sUSN | euler | — | $795.52K | — | 0% | — |
| Upshift Wildcat USD | USDC | unknown | — | $782.12K | 10.37% | 0% | — |
| EVK Vault eWHYPE-2 | WHYPE | euler | — | $744.36K | 0.28% | 0% | — |
| EVK Vault eUSDC-4 | USDC | euler | — | $618.50K | 9.20% | 0% | — |
| EVK Vault eUSDC-3 | USDC | euler | — | $532.54K | 4.40% | 0% | — |
| EVK Vault ewstHYPE-1 | wstHYPE | euler | — | $510.62K | 0.02% | 0% | — |
| Clearstar Boring USDC | USDC | morpho | A+ | $499.39K | 4.04% | 0% | — |
| Clearstar Yield USDC | USDC | morpho | B+ | $451.54K | — | 0% | — |
| Clearstar Earn USDC | USDC | euler | — | $447.48K | 8.70% | 0% | — |
| Clearstar Boring USDT | USDT | morpho | A | $386.38K | 2.49% | 0% | — |
| EVK Vault eLHYPE-1 | LHYPE | euler | — | $374.49K | — | 0% | — |
| EVK Vault ecbBTC-20 | cbBTC | euler | — | $349.75K | — | 0% | — |
| Clearstar Prism Enhanced Yield Vault | Clearstar Prism Enhanced Yield Vault token | upshift | — | $339.20K | — | 10% | — |
| Clearstar Prism Enhanced Yield Vault | USDO | unknown | — | $321.69K | 6.55% | 0% | — |
| EVK Vault eWHYPE-3 | WHYPE | euler | — | $293.79K | 3.88% | 0% | — |
| EVK Vault eUBTC-3 | UBTC | euler | — | $231.55K | 0.00% | 0% | — |
| Clearstar ETH Fusion | USDC | unknown | — | $217.65K | 0.05% | 0% | — |
| EVK Vault eUSD₮0-2 | USD₮0 | euler | — | $55.70K | 9.34% | 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 171.4% in 24h ($36.43M → $98.88M). Strong growth signal.
Total AUM fell 5.9% in 24h ($38.70M → $36.43M). Monitor for continued outflows.
TVL fell 13.3% in 24h ($1.50M → $1.30M). Monitor for continued outflows.
APY decreased 40.1% from 7-day average (0.13% → 0.08%). This is a >30% deviation, happening <5% of the time.
APY decreased 47.3% from 7-day average (0.14% → 0.07%). This is a >30% deviation, happening <5% of the time.
APY decreased 43.1% from 7-day average (0.13% → 0.08%). This is a >30% deviation, happening <5% of the time.
APY decreased 39.5% from 7-day average (0.14% → 0.08%). This is a >30% deviation, happening <5% of the time.
APY decreased 33.4% from 7-day average (0.11% → 0.07%). This is a >30% deviation, happening <5% of the time.
APY moved 29.3% from 7-day average (0.13% → 0.09%). Monitor for continued volatility.
APY moved 27.5% from 7-day average (0.13% → 0.09%). Monitor for continued volatility.
APY increased 182.9% from 7-day average (0.10% → 0.28%). This is a >30% deviation, happening <5% of the time.
TVL fell 23.4% in 24h ($2.21M → $1.70M). Significant capital outflow detected.
Total AUM fell 5.0% in 24h ($35.38M → $33.61M). Monitor for continued outflows.
TVL fell 25.2% in 24h ($4.81M → $3.60M). Significant capital outflow detected.
TVL fell 11.9% in 24h ($8.32M → $7.33M). Monitor for continued outflows.
TVL fell 10.4% in 24h ($5.64M → $5.06M). Monitor for continued outflows.
Deposit of $1.36M (16.3% of vault TVL) into Re Ecosystem Vault.
Total AUM grew 15.9% in 24h ($27.85M → $32.28M). Strong growth signal.
TVL fell 13.8% in 24h ($7.25M → $6.25M). Monitor for continued outflows.
Deposit of $957.2k (13.2% of vault TVL) into Clearstar USDC Core.
Total AUM fell 6.2% in 24h ($28.08M → $26.35M). Monitor for continued outflows.
TVL fell 21.3% in 24h ($9.07M → $7.14M). Significant capital outflow detected.
Withdrawal of $1.91M (26.8% of vault TVL). Transactions this large happen <2% of the time.
TVL grew 27.6% in 24h ($7.12M → $9.08M). Strong capital inflow.
Capital inflow of $1.91M (21.1% of vault TVL) into Re Ecosystem Vault. Strong growth signal.
Users with positions across multiple vaults