[SIP2.26] Update ARKs from core protocols on Arbitrum fleets (USDC/USDT)

Overview

Onboard additional strategies (ARKs) to the USDC and USDT fleets on Arbitrum to expand diversification and keep yield sources current.

Motivation

  • Expand yield sources: Add newly available Morpho Blue vaults, Euler markets, and Silo-managed vaults on Arbitrum.
  • Stay current: Keep the fleet aligned with high-quality, recently launched opportunities.
  • Deliver core value: Maintain access to the highest-quality yields in DeFi via curated, diversified ARKs.

Specification

New Ark Fleet Network Risk Level
Morpho Gauntlet USDC Prime USDC Arbitrum Pending @BlockAnalitica classification
Morpho Gauntlet USDC Core USDC Arbitrum Pending @BlockAnalitica classification
Morpho Yearn OG USDC USDC Arbitrum Pending @BlockAnalitica classification
Morpho Steakhouse Prime USDC USDC Arbitrum Pending @BlockAnalitica classification
Morpho MEV Capital USDC USDC Arbitrum Pending @BlockAnalitica classification
Euler USDC (Arbitrum) USDC Arbitrum Pending @BlockAnalitica classification
SiloManagedVault (0x2BA39e…f1ee) USDC Arbitrum Pending @BlockAnalitica classification
SiloManagedVault (0x83b90F…4C81) USDC Arbitrum Pending @BlockAnalitica classification
Silo Swaap Lend (susdx-usdc-127, market) USDC Arbitrum Pending @BlockAnalitica classification

USDT Fleet (Arbitrum)

New Ark Fleet Network Risk Level
Morpho Gauntlet USDT0 Core USDT Arbitrum Pending @BlockAnalitica classification
Morpho MEV Capital USDT0 USDT Arbitrum Pending @BlockAnalitica classification
Euler USDT0 (Arbitrum) USDT Arbitrum Pending @BlockAnalitica classification

Risk Assessment

Minilmal new protocol risks as all are supported currently. Risk caps will need to determined on a per ARK basis by @BlockAnalitica

Voting

  • YES: Add each listed Ark to the specified fleet on Arbitrum, subject to @BlockAnalitica classification and standard caps/parameters.
  • NO: Make no changes; fleets remain as currently configured.
4 Likes

This is why I love Summer.fi as a user. I can just chill while the gigabrains keep the yield high. Good work.

2 Likes

Arbitrum’s fleet looks like it’ll benefit from a healthy mix of Morpho, Euler (not yet present in the fleets), and Silo strategies across both USDC and USD0. I hope we can avoid concentration and liquidity mismatches. Thanks @samehueasyou for the proposal!

Lazy Summer, innit! <3

1 Like

part of this SIP is now live!
VOTE SIP2.26.1 {USDT Fleet}:

VOTE SIP2.26.2 {USDC Fleet}:

1 Like

Well done @samehueasyou and Delegates :clap: :clap: :clap: !

The new ARKs for the Arbitrum USDC (Lower Risk) vault have been a stellar addition.
They brought in over $2M in FRESH TVL and another $1M from vault switchers.

Even with TVL roughly doubling, the vault continues to deliver juicy yields and holds 3rd place in the any-chain USDC rankings on vaults.fyi.

Well done! :clap: :clap: :clap: @Recognized_Delegates

5 Likes

Whenever I want good, set and forget yield, I use Summer. Has become such a mainstay for me.
Really good product.

2 Likes