Fortress — losing money needs a systemic black swan
New curator — short on-chain track record. This grade leans on structure and peers more than realized history, so expect it to be volatile and move as the book seasons.
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 | |||||||
|---|---|---|---|---|---|---|---|
| Galaxy USDT Quality | USDT | morpho | A+ | $28.75M | 3.35% | 0% | — |
| Galaxy USDC Quality | USDC | morpho | A+ | $25.58M | 3.34% | 0% | — |
| Galaxy WETH Quality | WETH | morpho | A+ | $18.31M | 1.59% | 0% | — |
| Galaxy USDC Enhanced | USDC | morpho | A | $5.97M | 3.79% | 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.
TVL grew 50.4% in 24h ($3.97M → $5.97M). Strong capital inflow.
Withdrawal of $9.00M (35.2% of vault TVL). Transactions this large happen <2% of the time.
Capital inflow of $2.00M (33.5% of vault TVL) into Galaxy USDC Enhanced. Strong growth signal.
Capital inflow of $7.00M (27.4% of vault TVL) into Galaxy USDC Quality. Strong growth signal.
TVL grew 102.6% in 24h ($1.96M → $3.97M). Strong capital inflow.
TVL grew 69.3% in 24h ($1.16M → $1.96M). Strong capital inflow.
Deposit of $2.87M (10.1% of vault TVL) into Galaxy USDT Quality.
TVL fell 11.1% in 24h ($16.77M → $14.90M). Monitor for continued outflows.
Deposit of $4.17M (14.5% of vault TVL) into Galaxy USDC Quality.
Deposit of $3.37M (13.2% of vault TVL) into Galaxy USDC Quality.
Deposit of $3.86M (12.5% of vault TVL) into Galaxy USDT Quality.
TVL grew 48.6% in 24h ($14.87M → $22.10M). Strong capital inflow.
Capital inflow of $6.88M (31.3% of vault TVL) into Galaxy WETH Quality. Strong growth signal.
Withdrawal of $2.35M (10.0% of vault TVL) from Galaxy USDC Quality.
Deposit of $2.35M (10.0% of vault TVL) into Galaxy USDC Quality.
Deposit of $2.67M (10.1% of vault TVL) into Galaxy USDC Quality.
Withdrawal of $3.32M (12.4% of vault TVL) from Galaxy USDT Quality.
Deposit of $3.32M (12.4% of vault TVL) into Galaxy USDT Quality.
TVL fell 16.4% in 24h ($31.55M → $26.39M). Monitor for continued outflows.
Total AUM fell 5.2% in 24h ($69.78M → $66.18M). Monitor for continued outflows.
TVL fell 11.2% in 24h ($27.98M → $24.86M). Monitor for continued outflows.
Withdrawal of $3.45M (13.1% of vault TVL) from Galaxy USDT Quality.
Withdrawal of $3.71M (15.1% of vault TVL) from Galaxy USDC Quality.
TVL grew 25.4% in 24h ($25.16M → $31.55M). Strong capital inflow.
Deposit of $3.45M (10.9% of vault TVL) into Galaxy USDT Quality.
Users with positions across multiple vaults