# Keyrock USDC Vault Performance and Risk Update

**URL:** <https://forum.morpho.org/t/keyrock-usdc-vault-performance-and-risk-update/2044>\
**Category:** Keyrock\
**Created:** [October 11, 2025, 5:54pm UTC](https://forum.morpho.org/t/keyrock-usdc-vault-performance-and-risk-update/2044 "2025-10-11T17:54:18Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Keyrock](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/keyrock/32/751_2.png) [@Keyrock](https://forum.morpho.org/u/Keyrock)\
**Post date:** [October 11, 2025, 5:54pm UTC](https://forum.morpho.org/t/keyrock-usdc-vault-performance-and-risk-update/2044/1 "2025-10-11T17:54:18Z")

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Hey Morpho community,

After an intense period of market volatility and liquidations, we want to reaffirm that the [Keyrock USDC Vault](https://app.morpho.org/ethereum/vault/0x04422053aDDbc9bB2759b248B574e3FCA76Bc145/keyrock-usdc) has experienced **zero realized or unrealized bad debt** across the underlying markets it allocates to. Periods like these are expected and are fully accounted for within our **risk management framework**. We continue to **actively monitor and manage** the vault to ensure risk levels remain within target.

For more info and updates check Keyrock social media [here](https://x.com/KeyrockTrading).
