How to Withdraw USDC From a Morpho Vault on Base

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381e35

11/12/2026

#plugs#morpho#base#usdc#lending#vaults#how to
When you deposit
into a Morpho vault, you hold vault shares in its place. Each share is worth a little more
every block as the vault earns interest. Withdrawing turns them back: the vault burns your shares and sends you the
they are worth, interest included. There is no lockup and Morpho charges nothing to leave.

Before You Withdraw

  • Check the vault's liquidity. The vault has to pull your
    out of the markets it lends into. If those markets are almost fully borrowed, a withdrawal can be limited until borrowers repay or rates pull new supply in. On a large vault this rarely matters.
  • Shares or amount. You can leave a vault by share count with redeem or by
    amount with withdraw. Both burn shares at the same price.
  • Keep a little ETH on Base for gas.

Withdrawing By Hand

  1. Open Morpho's app, connect your wallet and switch to Base.
  2. Find the vault under your positions and choose Withdraw.
  3. Enter an amount, or pick the maximum to take everything.
  4. Confirm the transaction in your wallet.
No approval is needed. The vault burns your shares directly.

Withdraw With Plug

Use in App
The plug does one thing on Base: it withdraws all of your
from Gauntlet USDC Prime. "All" is worked out when the run lands, not when you open the plug, so it takes every bit of interest earned up to that block and leaves no shares behind.
To take out part of it, change "all" to an amount. To leave a different vault, swap it for any other ERC-4626 vault on Base that holds
. The plug reads the wallet that runs it, so it works for whoever opens it.

What It Costs

We simulated the plug on Base in November 2026 as a wallet holding Gauntlet USDC Prime shares, and it withdrew the whole position in one run. At that block 100
was worth 89.30 shares.
Morpho charges nothing to withdraw, and Gauntlet USDC Prime's performance fee was zero. The vault was paying 4.50 percent a year when this was written, which you stop earning once you leave. Gas for the run was about a million, about a cent at Base's gas prices.

Related

  • How to deposit USDC into a Morpho vault on Base covers putting it in.
  • How to earn interest on USDC with Aave on Base covers another place to lend it on Base.
  • How to bridge USDC from Base to Arbitrum covers moving it once it is out.

Protocols ยท 3

How to Stake VVV on BaseHow to Withdraw USDC From Aave on Base

How to Withdraw USDC From a Morpho Vault on Base

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