M11 Credit Launches Automated Vault on Morpho
M11 Credit Launches Automated Vault on Morpho
馃彟 M11 Credit goes live
M11 Credit has launched a new vault built on Morpho Labs that automatically routes capital across Level markets.
Key features:
- Deposit with lvlUSD for automated liquidity management
- M11 Credit handles rebalancing to optimize yield
- Capital flows to most productive opportunities
This builds on the existing Lagoon Finance vault for lvlUSD, which was launched in June and is curated by Gami Capital and Stake Capital.
The vault simplifies DeFi yield farming by removing the need for constant position monitoring and manual rebalancing across multiple protocols.
M11 Credit vault, built on @MorphoLabs, is routing capital across Level markets. Deposit with lvlUSD 馃摜 and let @M11Credit rebalance liquidity where it鈥檚 most productive.
slvlUSD Delivers 7.19% Average APY in Q3 Performance Report
**slvlUSD Q3 Performance Summary** Level's slvlUSD stablecoin delivered solid returns in Q3 2025: - **Average APY**: 7.19% - **Peak performance**: 8.65% - **Lowest rate**: 5.30% The yield remained within the **7-8% range** that has characterized slvlUSD performance, maintaining consistency for holders seeking reliable onchain income. **Key Features:** - Simple lending-based framework - Built for scalability - No added complexity This performance continues slvlUSD's track record of providing steady returns through its straightforward approach to decentralized yield generation.
**USDT Borrowing Costs Surge on Aave**
**Aave USDT utilization hits yearly highs** as borrowing demand tightens on-chain dollar liquidity. **Key developments:** - Borrowing APR jumped from ~3.43% to ~5.41% - Higher utilization typically boosts lender supply APY - Follows recent spikes that pushed rates above 10% **Market context:** While USDC gains market share for institutional use, USDT remains dominant by size. The utilization squeeze reflects broader DeFi liquidity dynamics. **Impact on strategies:** Looped positions and liquid leverage strategies may face negative yields during rate spikes. *DeFi markets operate 24/7 - rate changes can happen quickly.*
Bank of America Reports Banks Preparing to Launch Crypto Stablecoins
Key updates from the latest Level Money report: - slvlUSD delivered 7.99% weekly APY - Total reserves at $74.5M across aUSDC and steakUSDC (Morpho) - $68.98k in yield distributed this week Market highlights: - Stablecoins added $4.5B market cap post-GENIUS Act - Lending overtakes stablecoin issuers as largest sector on Base by TVL - MorphoLabs exceeds $1.6B in USDC supplied - Bank of America reports banks preparing crypto stablecoin launches Yield opportunities remain through Curve LP (60x XP), Pendle (40x XP), and Morpho vaults (40x XP).
Level Protocol APY Drops to 8.27%
Level's latest slvlUSD yield distribution shows an **8.27% APY**, down from 8.95% last week. How to participate: - Mint lvlUSD through [Level's dashboard](https://level.money/dashboard/buy) - Convert to slvlUSD for yield - Unstake with 7-day cooldown Current XP farming opportunities: - Pendle: 40x XP (lvlUSD) / 20x XP (slvlUSD) - Curve Finance: 60x XP for LPs - Morpho: 40x XP using lvlUSD as collateral *Note: Distribution based on daily average market cap, with compounding. Past performance not indicative of future results. Not available for US persons.*