sUSN Delta Neutral Yield Vault
View on Accountable Update infoNoon 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.
- #168 overall
- #1 on
- #1 on
Share token price
Utilisation
Other metrics
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 9.4% ann 0.7% abs | 8.0% ann 2.0% abs | 8.2% ann 4.3% abs |
| Net | --- ann --- abs | --- ann --- abs | --- ann --- abs |
Fees
| Management | Performance | Deposit | Withdraw | |
|---|---|---|---|---|
| Gross | --- | 15.0% | 0.0% | 0.0% |
| Net | 0.0% | 0.0% | 0.0% | 0.0% |
About the vault
Investors deposit USDC, which is deployed into Noon's sUSN, its yield-bearing token. When market conditions are favorable, Noon may further enhance yield by looping sUSN. This entails using sUSN as collateral on lending protocols, borrowing USDC against it, and deploying back into sUSN as many times as profitable.
Chain exposure: Ethereum, Monad, Starknet, Base
Protocol exposure: Noon, Morpho, Vesu, Euler
About Accountable
This vault is running on Accountable:
Blockchain-based financial verification technology with ERC-7540 async redemption vaults.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #184 | #168 | #174 | #170 | #203 | #217 |
| Ranking on Monad | #3 | #1 | #3 | #3 | #5 | #5 |
| Ranking on Accountable | #2 | #1 | #2 | #2 | #2 | #2 |
| CAGR (net) | 8.0% | 9.4% | 8.0% | 8.2% | 8.2% | 8.2% |
| CAGR (gross) | 8.0% | 9.4% | 8.0% | 8.2% | 8.2% | 8.2% |
| Returns (net) | 0.1% | 0.7% | 2.0% | 4.0% | 4.3% | 4.3% |
| Returns (gross) | 0.1% | 0.7% | 2.0% | 4.0% | 4.3% | 4.3% |
| Sharpe ratio | 27.51 | 38.63 | 28.82 | 27.18 | 26.15 | 26.15 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.5% | 0.3% | 0.3% | 0.4% | 0.4% | 0.4% |
| TVL low | $9.33M | $5.46M | $2.80M | $2.80M | $527.17K | $527.17K |
| TVL high | $9.43M | $9.43M | $9.43M | $9.43M | $9.43M | $9.43M |
| Share price start (USDC) | 1.0412 | 1.0351 | 1.02262 | 1.00279 | 1.0000 | 1.0000 |
| Share price end (USDC) | 1.04273 | 1.04273 | 1.04273 | 1.04273 | 1.04273 | 1.04273 |
| Period data availability | 8 days | 31 days | 93 days | 181 days | 195 days | 195 days |
| Period start | 2026-06-08 | 2026-05-16 | 2026-03-17 | 2025-12-17 | 2025-12-03 | 2025-12-03 |
| Period end | 2026-06-15 | 2026-06-15 | 2026-06-15 | 2026-06-15 | 2026-06-15 | 2026-06-15 |
Technical Details
| Vault name | sUSN Delta Neutral Yield Vault |
| Vault address | 0x58ba69b289de313e66a13b7d1f822fc98b970554 |
| Chain | |
| Denomination | |
| Share token | naccUSDC |
| Protocol | Accountable |
| Homepage | View vault on protocol website |
| Current TVL | 9,338,181.129 USDC |
| Peak TVL | 9,434,756.786 USDC |
| Last share price | 1.043 USDC |
| Last updated | |
| Last updated block | 81,430,519 |
| Data refreshed at | |
| Data starts | 2025-12-03 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | accountable_like, erc_7540_like, erc_7575_like |
| Flags | --- |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 1,130 |
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