Reasonable, but a real recurring loss source is present
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 | |||||||
|---|---|---|---|---|---|---|---|
| Waterline Reservoir USDC | USDC | morpho | B+ | $20.09M | 6.95% | 5% | — |
| M1 USDC | USDC | morpho | — | $8.39M | 4.62% | 5% | — |
| Waterline InfiniFi USDC | USDC | morpho | A+ | $2.99M | 8.72% | 5% | — |
| Waterline infiniFi USDC | USDC | morpho | A+ | $1.38M | 5.36% | 5% | — |
| Waterline Reservoir USDC | USDC | morpho | B+ | $776.56K | 6.73% | 5% | — |
| Waterline Reservoir rUSD | rUSD | morpho | A+ | $29.63K | 0.00% | 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 fell 13.7% in 24h ($34.3k → $29.6k). Monitor for continued outflows.
Total AUM fell 5.2% in 24h ($35.80M → $33.95M). Monitor for continued outflows.
APY decreased 100.0% from 7-day average (0.29% → 0.00%). This is a >30% deviation, happening <5% of the time.
TVL fell 11.2% in 24h ($1.78M → $1.58M). Monitor for continued outflows.
APY decreased 56.3% from 7-day average (0.31% → 0.13%). This is a >30% deviation, happening <5% of the time.
APY decreased 60.1% from 7-day average (0.33% → 0.13%). This is a >30% deviation, happening <5% of the time.
APY increased 70.7% from 7-day average (0.33% → 0.56%). This is a >30% deviation, happening <5% of the time.
APY moved 27.8% from 7-day average (0.31% → 0.22%). Monitor for continued volatility.
APY increased 111.5% from 7-day average (0.29% → 0.61%). This is a >30% deviation, happening <5% of the time.
TVL fell 17.2% in 24h ($3.82M → $3.17M). Monitor for continued outflows.
APY decreased 51.0% from 7-day average (0.27% → 0.13%). This is a >30% deviation, happening <5% of the time.
APY decreased 53.6% from 7-day average (0.26% → 0.12%). This is a >30% deviation, happening <5% of the time.
APY moved 24.0% from 7-day average (0.24% → 0.30%). Monitor for continued volatility.
Deposit of $1.50M (17.9% of vault TVL) into M1 USDC.
TVL grew 31.0% in 24h ($2.47M → $3.24M). Strong capital inflow.
Total AUM grew 15.3% in 24h ($29.73M → $34.28M). Strong growth signal.
TVL fell 13.1% in 24h ($28.41M → $24.69M). Monitor for continued outflows.
APY moved 26.1% from 7-day average (0.23% → 0.17%). Monitor for continued volatility.
TVL fell 37.2% in 24h ($3.86M → $2.42M). Significant capital outflow detected.
Total AUM fell 6.7% in 24h ($34.05M → $31.78M). Monitor for continued outflows.
APY increased 94.0% from 7-day average (0.19% → 0.38%). This is a >30% deviation, happening <5% of the time.
TVL grew 587.8% in 24h ($999.7k → $6.88M). Strong capital inflow.
Vault went live with $6.87M in initial deposits.
APY increased 115.5% from 7-day average (0.15% → 0.32%). This is a >30% deviation, happening <5% of the time.
TVL fell 14.5% in 24h ($4.41M → $3.77M). Monitor for continued outflows.
Users with positions across multiple vaults