The Bitcoin Dollar USDC Vault generates yield by acquiring sBTCD, a yield bearing 50% BTC 50% USD collateralized token.

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Share token price

Other metrics

3M Sharpe
12.7
3M volatility
0.9%
Age
0.4 years
Maximum drawdown
-10.0%
Xerberus risk
56 / 100
Lockup period
Instant
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 7.1% 12.0% -12.3% -12.3% -12.3%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.5%0.5%0.5%0.5%0.5%
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 7.1% 12.0% -12.3% -12.3% -12.3%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

About the vault

The Bitcoin Dollar USDC Vault generates yield by acquiring sBTCD, a yield bearing 50% BTC 50% USD collateralized token. The vault leverages this token 2X by borrowing wBTC and maintaining a 50% LTV ratio. The BTC exposure within sBTCD is offset by the wBTC debt leaving users with pure USD exposure with yield.

View prospectus

Curated by BTCD Labs

This vault is curated by BTCD Labs.

BTCD Labs operates Bitcoin Dollar, a DeFi protocol built around BTCD, sBTCD and FISC.

View all BTCD Labs vaults

Running on IPOR Fusion protocol

This vault is running on IPOR Fusion:

Meta DeFi aggregation, execution and intelligence engine for on-chain asset management.

View all IPOR Fusion vaults
Xerberus logo

Xerberus risk rating

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Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#425#247#106#1001#1027#1057
Ranking on Ethereum#214#111#29#591#612#630
Ranking on IPOR Fusion#14#6#1#31#30#30
CAGR (net)4.4%7.1%12.0%-12.3%-12.3%-12.3%
CAGR (gross)4.4%7.1%12.0%-12.3%-12.3%-12.3%
Returns (net)0.1%0.6%2.8%-4.9%-4.9%-4.9%
Returns (gross)0.1%0.6%2.8%-4.9%-4.9%-4.9%
Sharpe ratio4.3710.0312.65-0.74-0.74-0.74
Max drawdown-0.1%-0.1%-0.1%-10.0%-10.0%-10.0%

Technical Details

Vault nameBitcoin Dollar USDC
Vault address0xf8f226da66244f89e70c5b5d1a5c5b0d505eb1d8
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999686 fetched
Share tokenbdUSD
ProtocolIPOR Fusion
HomepageView vault on protocol website
Current TVL788,756.332 USDC
Peak TVL788,756.332 USDC
Last share price1.134 USDC
Last updated
Last updated block25,793,564
Data refreshed at
Data starts2026-04-02 00:00:00 UTC
Fee modeInternalised minting
Fees internalisedYes
Featuresipor_like
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events208

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