Stablecoin Yield

🏆

Share token price

Other metrics

3M Sharpe
1.6
3M volatility
3.2%
Age
0.5 years
Maximum drawdown
-1.1%
Protocol Technical Risk
Lockup period
4d
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 7.8% 4.7% 5.6% 5.8% 5.8%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 7.8% 4.7% 5.6% 5.8% 5.8%

Fees are internalised for this vault and already removed from the gross profit.

About the vault

The Ember Third Eye vault runs an opportunistic stablecoin strategy. Currently the vault is allocated to PENDLE and ENA (Ethena) basis trades, and STRC related instruments.

About Ember

This vault is running on Ember:

Investment platform and infrastructure for launching, accessing, and distributing financial products through crypto capital markets.

View all Ember vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#467#191#410#295#333#385
Ranking on Ethereum#268#98#226#163#185#211
Ranking on Ember#4#4#4#4#4#4
CAGR (net)4.0%7.8%4.7%5.6%5.8%5.8%
CAGR (gross)4.0%7.8%4.7%5.6%5.8%5.8%
Returns (net)0.1%0.6%1.1%2.7%3.0%3.0%
Returns (gross)0.1%0.6%1.1%2.7%3.0%3.0%
Sharpe ratio10.884.051.592.762.952.95
Max drawdown0.0%-0.2%-1.1%-1.1%-1.1%-1.1%
Volatility0.4%1.9%3.2%2.5%2.5%2.5%
TVL low$161.41K$161.10K$161.10K$9.41K$69.31$69.31
TVL high$161.96K$2.00M$3.06M$3.06M$3.06M$3.06M
Share price start (USDC)1.052231.046561.04111.025041.022131.02213
Share price end (USDC)1.053021.053021.053021.053021.053021.05302
Period data availability8 days31 days91 days181 days193 days193 days
Period start2026-07-252026-07-022026-05-032026-02-022026-01-212026-01-21
Period end2026-08-012026-08-012026-08-012026-08-012026-08-012026-08-01
Xerberus
39

Xerberus risk rating

Xerberus score 39 / 100
Assessment levelProtocol-level
Rated entityEmber Protocol

Technical Details

Vault nameEmber Third Eye
Vault address0xf3190a3ecc109f88e7947b849b281918c798a0c4
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999649 fetched
Share tokeneTHIRD
ProtocolEmber
HomepageView vault on protocol website
Current TVL161,963.207 USDC
Peak TVL3,058,028.957 USDC
Last share price1.053 USDC
Last updated
Last updated block25,658,564
Data refreshed at
Data starts2026-01-21 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresember_like
Flags---
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events110

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