Sentora-managed Morpho vaults lose millions after MetaMask staking incident

  • Sentora-managed Morpho vaults experienced large outflows after a MetaMask security incident.
  • RLUSD fell from $426.4 million to $350.4 million; PYUSD dropped from $408.9 million to $349.3 million.
  • Third-party curators set Morpho vault collateral, lending terms and deployment markets.

Sentora-managed vaults on Morpho saw substantial outflows after a staking-related security incident involving MetaMask, Crypto Briefing reported. The RLUSD vault declined from $426.4 million to $350.4 million in four hours, while the PYUSD vault fell from $408.9 million to $349.3 million. Morpho allows third-party curators to determine collateral requirements, lending terms and the markets where each vault deploys funds. Continued withdrawals could increase vault utilization, potentially lifting borrowing rates and making immediate withdrawals more difficult for remaining depositors.

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