SingularV is an onchain strategy brand operated by the crypto hedge fund Alphanonce that curates Morpho lending vaults (e.g. SingularV ETH and SingularV USDC), committing its own proprietary capital and applying active risk management.
Fortress — losing money needs a systemic black swan
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 | |||||||
|---|---|---|---|---|---|---|---|
| SingularV USDC Max Yield | svUSDC | upshift | — | $2.34M | 20.00% | 10% | — |
| SingularV USDC Max Yield | USDC | unknown | — | $2.34M | 7.83% | 0% | — |
| SingularV ETH | WETH | morpho | A+ | $451.77K | 4.04% | 10% | — |
| SingularV ETH | WETH | morpho | A+ | $207.28K | 2.67% | 10% | — |
| SingularV USDT | USDT | morpho | A+ | $90.51K | 3.12% | 10% | — |
| SingularV USDT | USDT | morpho | A+ | $32.75K | 3.23% | 10% | — |
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 fell 11.2% in 24h ($238.2k → $211.6k). Monitor for continued outflows.
APY decreased 56.2% from 7-day average (0.10% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 45.7% from 7-day average (0.10% → 0.06%). This is a >30% deviation, happening <5% of the time.
TVL grew 42.8% in 24h ($138.1k → $197.2k). Strong capital inflow.
TVL fell 11.6% in 24h ($166.1k → $146.8k). Monitor for continued outflows.
TVL grew 70.5% in 24h ($97.4k → $166.1k). Strong capital inflow.
TVL fell 12.1% in 24h ($98.2k → $86.3k). Monitor for continued outflows.
TVL grew 74.4% in 24h ($101.6k → $177.2k). Strong capital inflow.
TVL fell 77.8% in 24h ($466.3k → $103.7k). Significant capital outflow detected.
TVL fell 10.5% in 24h ($653.3k → $584.4k). Monitor for continued outflows.
TVL grew 28.3% in 24h ($534.4k → $685.8k). Strong capital inflow.
TVL fell 66.3% in 24h ($225.2k → $75.9k). Significant capital outflow detected.
TVL grew 344.9% in 24h ($118.2k → $525.9k). Strong capital inflow.
TVL grew 196.9% in 24h ($75.9k → $225.2k). Strong capital inflow.
TVL fell 15.1% in 24h ($159.9k → $135.7k). Monitor for continued outflows.
TVL fell 53.1% in 24h ($163.9k → $76.9k). Significant capital outflow detected.
APY decreased 84.7% from 7-day average (0.13% → 0.02%). This is a >30% deviation, happening <5% of the time.
TVL fell 17.5% in 24h ($212.8k → $175.6k). Monitor for continued outflows.
APY decreased 94.0% from 7-day average (0.16% → 0.01%). This is a >30% deviation, happening <5% of the time.
APY decreased 80.3% from 7-day average (0.18% → 0.04%). This is a >30% deviation, happening <5% of the time.
APY decreased 81.6% from 7-day average (0.20% → 0.04%). This is a >30% deviation, happening <5% of the time.
TVL fell 28.8% in 24h ($297.0k → $211.5k). Significant capital outflow detected.
APY increased 30.8% from 7-day average (0.20% → 0.26%). This is a >30% deviation, happening <5% of the time.
TVL grew 26.5% in 24h ($234.8k → $297.0k). Strong capital inflow.
APY decreased 79.8% from 7-day average (0.19% → 0.04%). This is a >30% deviation, happening <5% of the time.
Users with positions across multiple vaults