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September 21, 2026

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CRYPTO·COINBEAT

Journalism for the digital-asset economy

Best DeFi Vault Curators · Rank 04 of 14

Yearn review

DeFi-native depositors who want Morpho USDC/ETH exposure with an openly published risk-scoring method.

yearn.fi ↗

Scored by Maria FernandezLast verified September 21, 20267 scored facts

Score8.2

82 of 100 points

The short answer

Yearn scores 8.2 out of 10 and ranks #4 of 14 in the best defi vault curators table, strongest on depositor losses (10.0) and weakest on assets under curation (4.0).

Yearn, the yield-aggregator DAO, runs a curation arm that manages Morpho vaults in three risk tiers (OG, Degen and plain USDC/WBTC/USDT). Per Yearn's docs, it began as an internal risk system for Morpho vaults used by Yearn V3 strategies. It publishes scored risk assessments of assets and protocols at curation.yearn.fi.

Key facts on record

Primitives
Morpho
Networks
3

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.

Yearn on assets under curation

4.0/ 20% of the score

$77M under curation. Morpho credits $44.3M to Yearn as curator.

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

Yearn on tenure as curator

8.0/ 10% of the score

First vault 2025-02 — 1 year 7 months as of 2026-09-21.

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

Yearn on depositor losses

10.0/ 25% of the score

No depositor loss on record.

25 of 25 pts · api.morpho.org · checked September 21, 2026

Yearn on public reporting

10.0/ 15% of the score

Regular public reports.

15 of 15 pts · curation.yearn.fi · checked September 21, 2026

Yearn on performance fee

10.0/ 10% of the score

5% performance fee.

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

Yearn on safeguards

10.0/ 10% of the score

Timelock and guardian.

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

Yearn on primitives and networks

6.0/ 10% of the score

3 primitive–network pairs.

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

Quick answers

What is Yearn best for?
DeFi-native depositors who want Morpho USDC/ETH exposure with an openly published risk-scoring method.. Yearn, the yield-aggregator DAO, runs a curation arm that manages Morpho vaults in three risk tiers (OG, Degen and plain USDC/WBTC/USDT).
Where does Yearn rank among best defi vault curators?
#4 of 14, scoring 8.2 out of 10 — 82 of 100 points.
What is the weakest part of Yearn?
Assets under curation at 4.0. $77M under curation. Morpho credits $44.3M to Yearn as curator.

Strengths and weaknesses

In its favour

  • Its public risk-report library (curation.yearn.fi, 47 reports) shows the score breakdown and is open to challenge on GitHub.
  • Its main vault has both safeguards: Yearn OG USDC (Ethereum) has a 3-day timelock and a guardian, and V2 vaults have 3–7 day timelocks plus a sentinel.

Against it

  • Curated deposits are small next to Yearn's own protocol TVL ($77M on DefiLlama, $44.3M credited by Morpho), and several older vaults are deposit-disabled or winding down.
  • Fees differ by vault (0–10%; 5% on the main Ethereum vault), and the vault lineup is spread across V1 and V2 copies, which is harder to compare.

How Yearn compares

14 services in best defi vault curators

  1. 01Steakhouse FinancialStablecoin depositors and fintech integrators who want conservative, blue-chip-collateral Morpho vaults.10.0
  2. 02SentoraInstitutions and stablecoin issuers looking for a white-label curated vault with a research-heavy risk desk.9.8
  3. 03kpkConservative USDC/ETH depositors and DAOs who want low-fee Morpho vaults with strong governance controls.9.2
  4. 04Yearnyou are hereDeFi-native depositors who want Morpho USDC/ETH exposure with an openly published risk-scoring method.8.2
  5. 05RockawayXDepositors who want RWA and private-credit yield through Morpho or Kamino and accept a newer curator.8.1
  6. 06GauntletDepositors who want low-fee Prime-tier stablecoin vaults across many chains from a long-running quant risk firm.6.7
  7. 07KeyrockInstitutions that want a market maker's credit view on USDC lending, including on the Arc chain.6.7
  8. 08BitwiseAdvisers and institutions that want a known asset-manager brand curating an RWA-backed stablecoin lending vault.6.4
  9. 09SparkStablecoin depositors who want long timelocks and Sky-ecosystem backing.6.2
  10. 10K3 CapitalDepositors looking for Euler-based ETH and stablecoin yield on newer chains like Monad and Plasma.5.9
  11. 11HyperithmStablecoin depositors who want tiered-risk Morpho vaults on Monad and Ethereum from a quant-trading firm.5.4
  12. 12MEV CapitalMainly a case study in curator risk; what remains is a small set of Morpho vaults.5.2
  13. 13Re7 LabsExperienced users who want long-tail chains and assets and accept higher curator risk.4.7
  14. 14UltraYieldUsers who want Edge Capital's market-neutral strategy vaults more than a large Morpho/Euler lending book.4.1