Connect a wallet to see your balance and your Midnight positions.
Depositors
Deposit
Your USDC funds the vault's standing bid. While waiting to be engaged, it earns on Morpho Blue; when a lender sells their position, the discount they concede accrues to the shares. The vault is an ERC-4626: you enter and leave at the share price.
Deposit
Your position in the vault
Connect a wallet to deposit into the vault and receive shares.
Performance
Share price
Not enough history yet to draw a curve.
The service records a snapshot on each monitoring cycle.
The service records a snapshot on each monitoring cycle.
Lenders
Exit before maturity
You lend at a fixed rate on Morpho Midnight. Your units are worth 1 USDC each at maturity — but nothing obliges you to wait: the vault buys them now, at a price known in advance. The discount is the price of immediacy.