Best DeFi Vault Curators · Rank 14 of 14

UltraYield review

Name: UltraYield review
Item: UltraYield
Rating: 4.1
Author: Maria Fernandez

Users who want Edge Capital's market-neutral strategy vaults more than a large Morpho/Euler lending book.

ultrayield.app ↗

Scored by Maria FernandezLast verified September 21, 20267 scored facts

Score4.1

41 of 100 points

The short answer

UltraYield scores 4.1 out of 10 and ranks #14 of 14 in the best defi vault curators table, strongest on performance fee (10.0) and weakest on public reporting (0.0).

UltraYield is the DeFi vault and curation arm of the hedge fund Edge Capital. It runs market-neutral yield vaults (UltraYield ETH/USD/BTC) and Midas tokens (mEDGE, mBASIS), and curates Morpho, Euler and Gearbox lending vaults across many chains. Most of its tracked TVL sits in its own strategy vaults rather than lending-primitive curation.

Key facts on record

Primitives: Morpho, Gearbox
Networks: 4

What the record shows

7 facts, each converted to points by the tables published in the table’s methodology. Each score below is read from the fact printed under it, with its source and the date it was checked.

UltraYield on assets under curation

4.0/ 20% of the score

$65M under curation. DefiLlama also counts strategy vaults and Midas tokens; Morpho credits about $0.6M.

8 of 20 pts · api.llama.fi · checked September 21, 2026

UltraYield on tenure as curator

8.0/ 10% of the score

First vault 2025-04 — 1 year 5 months as of 2026-09-21.

8 of 10 pts · app.morpho.org · checked September 21, 2026

UltraYield on depositor losses

0.0/ 25% of the score

Not published — not recorded. UltraYield says its vaults were unaffected by the xUSD/deUSD depeg, but no specific statement could be sourced.

0 of 25 pts · no source on record

UltraYield on public reporting

0.0/ 15% of the score

Not published — not recorded.

0 of 15 pts · no source on record

UltraYield on performance fee

10.0/ 10% of the score

0% performance fee.

10 of 10 pts · app.morpho.org · checked September 21, 2026

UltraYield on safeguards

5.0/ 10% of the score

Timelock or guardian, not both.

5 of 10 pts · app.morpho.org · checked September 21, 2026

UltraYield on primitives and networks

10.0/ 10% of the score

4 primitive–network pairs.

10 of 10 pts · api.llama.fi · checked September 21, 2026

Quick answers

What is UltraYield best for?: Users who want Edge Capital's market-neutral strategy vaults more than a large Morpho/Euler lending book.. UltraYield is the DeFi vault and curation arm of the hedge fund Edge Capital.
Where does UltraYield rank among best defi vault curators?: #14 of 14, scoring 4.1 out of 10 — 41 of 100 points.
What is the weakest part of UltraYield?: Public reporting at 0.0. Not published — not recorded.

Strengths and weaknesses

In its favour

Present on many chains (Ethereum, Base, Monad, Plasma, HyperEVM and others) across Morpho, Euler and Gearbox.
0% performance fee on its current Morpho vaults.

Against it

Lending-primitive curation is small (<$1M on Morpho). DefiLlama TVL fell from ~$392M (Oct 2025) to ~$65M.
Its main Base Morpho vault has a timelock but no guardian, and it publishes no recurring reports.

How UltraYield compares

14 services in best defi vault curators

How to read these tables

No paid placement. Nobody buys a position, a score or a mention. We take no affiliate commission on any link in this section, and operators do not see their score before it publishes.

Scores are read from the record. Each one is derived from the fact printed beside it — a published attestation, a contract, a register entry, an incident report — against bands that describe evidentiary states. Facts age: each table carries the date it was last verified, and this is not an audit.

Nothing here is financial advice. Crypto services fail, change terms and withdraw from markets without notice. Verify anything that matters directly with the provider, and tell us when we get something wrong.

Found something out of date? Write to the desk — corrections are printed with the table.