sUSN Delta Neutral Yield Vault

Noon aims to be the stablecoin with the highest through-cycle returns by intelligently allocating capital across a basket of delta-neutral strategies. Noon also aims to have the most robust, sustainable tokenomics model, to maximise the real utility of Noon’s governance token.

🏆

• #156 overall
• #11 on
  

  Monad
• #4 on
  

  Accountable

Share token price

1M

3M

Max

1M return (ann)

▲ 7.2%*

Fee information for this protocol is not yet available. The calculation is based on gross profit and fees may apply.

Total value locked

$4.4M

peak $5.8M

3M Sharpe

26.4

3M volatility

0.3%

Other metrics

3M Sharpe

26.4

3M volatility

0.3%

Age

0.2 years

Maximum drawdown

Maximum drawdown over the vault lifetime.

0.0%

Protocol Technical Risk

Severe

Lockup period

Unknown

Denomination

USDC

Returns

	1 month	3 month	Lifetime
Gross	7.2% ann 0.6% abs	8.4% ann 1.9% abs	8.4% ann 1.9% abs
Net For comparing the profitability of vaults, the vault share price is reduced by the calculated net fees for the investment period.	--- ann --- abs	--- ann --- abs	--- ann --- abs

Fees

	Manage­ment	Perform­ance	Deposit	Withdraw
Gross Gross fees are what vaults track internally. They are not exposed to an investor, and only useful for internal profit calculations of the vault. Gross fees have already been deducted when the vault share price is updated.	---	15.0%	0.0%	0.0%
Net Net fees are deduced at a redemption. A vault investor receives less than the value of their shares back.	0.0%	0.0%	0.0%	0.0%

About the vault

LPs deposit USDC into the naccUSDC vault on YieldApp. The USDC will then be used to acquire sUSN (staked USN), which is Noon’s yield bearing token.

About Accountable

This vault is running on Accountable:

Blockchain-based financial verification technology with ERC-7540 async redemption vaults.

View all Accountable vaults

Performance metrics

Metric	Week	Month	3 months	6 months	Year	Lifetime
Ranking overall	#149	#156	#134	#178	#193	#217
Ranking on Monad	#8	#11	#8	#8	#8	#8
Ranking on Accountable	#4	#4	#2	#2	#2	#2
CAGR (net)	6.3%	7.2%	8.4%	8.4%	8.4%	8.4%
CAGR (gross)	6.3%	7.2%	8.4%	8.4%	8.4%	8.4%
Returns (net)	0.1%	0.6%	1.9%	1.9%	1.9%	1.9%
Returns (gross)	0.1%	0.6%	1.9%	1.9%	1.9%	1.9%
Sharpe ratio	25.59	20.65	26.43	26.43	26.43	26.43
Max drawdown	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Volatility	0.3%	0.2%	0.3%	0.3%	0.3%	0.3%
TVL low	$4.08M	$4.05M	$527.17K	$527.17K	$527.17K	$527.17K
TVL high	$4.40M	$5.72M	$5.78M	$5.78M	$5.78M	$5.78M
Share price start (USDC)	1.01734	1.01294	1.0000	1.0000	1.0000	1.0000
Share price end (USDC)	1.01871	1.01871	1.01871	1.01871	1.01871	1.01871
Period start	2026-02-18	2026-01-26	2025-11-27	2025-08-29	2025-03-02	2025-12-03
Period end	2026-02-25	2026-02-25	2026-02-25	2026-02-25	2026-02-25	2026-02-25

Technical Details

Vault name	sUSN Delta Neutral Yield Vault
Vault address	0x58ba69b289de313e66a13b7d1f822fc98b970554
Chain	Monad (143)
Denomination	USDC (0x754704Bc059F8C67012fEd69BC8A327a5aafb603)
Share token	naccUSDC (0x58ba69b289De313E66A13B7D1F822Fc98b970554)
Protocol	Accountable
Homepage	View vault on protocol website
Current TVL	4,404,295.321 USDC
Peak TVL	5,778,269.689 USDC
Last share price	1.019 USDC
Last updated	2026-02-25 00:00 UTC (2 days ago)
Last updated block	57,715,519
Data starts	2025-12-03 00:00:00 UTC
Fee mode	Internalised skimming Fees are deducted from closed trades; net fees are reflected in the vault PnL and share price
Fees internalised	Yes
Features	accountable_like, erc_7540_like, erc_7575_like
Flags	---
Deposit status	Open
Redemption status	Open
Deposit events	937