Alpha USDC Enhanced V2
View on Morpho Update infoShare token price
3M return (ann)
▲ 7.9%
Total value locked
$574.7K
peak $4.0M
3M Sharpe
49.6
3M volatility
0.2%
Other metrics
3M Sharpe
49.6
3M volatility
0.2%
Age
0.5 years
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 8.4% | 7.9% | 7.7% | 7.6% | 7.6% | |
| Performance fee Performance | 10.0% | 10.0% | 10.0% | 10.0% | 10.0% | |
| 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 | 8.4% | 7.9% | 7.7% | 7.6% | 7.6% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
Curated by AlphaPing
This vault is curated by AlphaPing.
AlphaPing operates mandate-driven, non-custodial on-chain credit vaults for institutional use cases.
Running on Morpho protocol
This vault is running on Morpho:
Decentralised lending protocol with optimised interest rates and flexible vault architectures.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #210 | #179 | #194 | #185 | #226 | #248 |
| Ranking on Ethereum | #90 | #87 | #93 | #89 | #116 | #124 |
| Ranking on Morpho | #9 | #6 | #8 | #8 | #10 | #10 |
| CAGR (net) | 7.4% | 8.4% | 7.9% | 7.7% | 7.6% | 7.6% |
| CAGR (gross) | 7.4% | 8.4% | 7.9% | 7.7% | 7.6% | 7.6% |
| Returns (net) | 0.1% | 0.7% | 1.9% | 3.7% | 4.0% | 4.0% |
| Returns (gross) | 0.1% | 0.7% | 1.9% | 3.7% | 4.0% | 4.0% |
| Sharpe ratio | 170.66 | 46.94 | 49.61 | 41.51 | 39.87 | 39.87 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.0% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| TVL low | $548.36K | $492.67K | $492.67K | $492.67K | $492.67K | $492.67K |
| TVL high | $581.53K | $836.90K | $3.65M | $4.03M | $4.03M | $4.03M |
| Share price start (USDC) | 0.519365 | 0.51664 | 0.510456 | 0.501444 | 0.500075 | 0.500075 |
| Share price end (USDC) | 0.520078 | 0.520078 | 0.520078 | 0.520078 | 0.520078 | 0.520078 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 197 days | 197 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-09 | 2026-02-08 | 2026-01-23 | 2026-01-23 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
78
Xerberus risk rating
| Xerberus score | 78 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | Morpho |
Technical Details
| Vault name | Alpha USDC Enhanced V2 |
| Vault address | 0x951a9f4a2ce19b9dea6b37e691d076a345b6c0f8 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999717 fetched |
| Share token | alphaUSDCEnhancedV2 |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 574,865.198 USDC |
| Peak TVL | 4,031,781.459 USDC |
| Last share price | 0.52 USDC |
| Last updated | |
| Last updated block | 25,704,764 |
| Data refreshed at | |
| Data starts | 2026-01-23 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | morpho_v2_like |
| Flags | --- |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 1,099 |
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