Product Overview

Galaxy Curator offers three primary vault configurations, designed to meet different risk and yield objectives:

• Quality: Focused on capital preservation using blue-chip collateral and highly liquid markets

• Enhanced: Targets higher yield through expanded collateral exposure with additional risk considerations

All current vaults are built on Morpho V2 and curated under Galaxy’s institutional risk framework.

Morpho Quality

The Morpho Quality Stablecoin Vault allocates stablecoin liquidity across a curated selection of Morpho V2 markets collateralized exclusively by blue-chip assets. Galaxy selects and monitors markets on the basis of collateral quality, liquidity depth, and liquidation robustness, with a focus on minimizing the risk of bad debt accrual under stress conditions. The vault is structured for depositors whose primary objective is capital preservation, with yield treated as a secondary consideration.

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Morpho Enhanced

The Morpho Enhanced Stablecoin Vault allocates stablecoin liquidity across a curated selection of Morpho V2 markets that include both blue-chip and higher-yielding collateral types. By extending allocation to assets such as liquid restaking tokens, Pendle principal tokens, and Ethena products, the vault targets incremental yield above what is available in Conservative-tier configurations. This expanded collateral set introduces additional risk factors, and depositors should have a clear understanding of the risk tier and associated exposures before participating.