The market has mispriced a lot of quality assets, in the mid of fear of KOLs saying "DeFi's dead", "exit morpho now", etc. The way DeFi is structured, is that it is transparent, so that you can gauge the risk and make a judgement.
I list here some pools for reference:
1) Pendle PT-cUSDO, 16% APY. $cUSDO is a by @OpenEden_X, and it's our tier 1 stablecoin. Fully backed by T-bills. Our research:
There are a few other PTs having good bargains. See my earlier tweet for our weekly.
2) Morpho Gauntlet eUSD Core, 18.5% APY. $eUSD by @reserveprotocol is basically Aave / Compound USDT and USDC. Collaterals of this vault is BTC, wstETH, and ETH+ (which is wstETH, frxETH, ETHx and rETH), and potentially USD3 (which is also safe, won't go to details, all info in Reserve websites).
3) Morpho Steakhouse $PYUSD, 25%. Collaterals are WBTC, wstETH, PAXG (paxos Gold) and USDL (another @Paxos stablecoin).
Risks are real but they are definite.
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