Alpha USDC Forex V2
View on Morpho Update infoShare token price
3M return (ann)
▲ 9.2%
Total value locked
$1.5M
peak $7.4M
3M Sharpe
45.2
3M volatility
0.2%
Other metrics
3M Sharpe
45.2
3M volatility
0.2%
Age
0.4 years
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 8.8% | 9.2% | 7.9% | 7.9% | 7.9% | |
| 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 | 8.8% | 9.2% | 7.9% | 7.9% | 7.9% |
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 | #214 | #163 | #164 | #178 | #209 | #231 |
| Ranking on Ethereum | #91 | #79 | #72 | #83 | #101 | #110 |
| Ranking on Morpho | #11 | #1 | #4 | #5 | #6 | #6 |
| CAGR (net) | 7.4% | 8.8% | 9.2% | 7.9% | 7.9% | 7.9% |
| CAGR (gross) | 7.4% | 8.8% | 9.2% | 7.9% | 7.9% | 7.9% |
| Returns (net) | 0.1% | 0.7% | 2.2% | 3.5% | 3.5% | 3.5% |
| Returns (gross) | 0.1% | 0.7% | 2.2% | 3.5% | 3.5% | 3.5% |
| Sharpe ratio | 218.79 | 105.35 | 45.16 | 42.71 | 42.71 | 42.71 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.0% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% |
| TVL low | $1.52M | $1.23M | $1.17M | $250.00K | $250.00K | $250.00K |
| TVL high | $1.60M | $1.60M | $3.94M | $7.36M | $7.36M | $7.36M |
| Share price start (USDC) | 2.06462 | 2.05313 | 2.02305 | 1.99801 | 1.99801 | 1.99801 |
| Share price end (USDC) | 2.06744 | 2.06744 | 2.06744 | 2.06744 | 2.06744 | 2.06744 |
| Period data availability | 8 days | 31 days | 91 days | 165 days | 165 days | 165 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-09 | 2026-02-24 | 2026-02-24 | 2026-02-24 |
| 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 Forex V2 |
| Vault address | 0x153bd1abe60104bd46aa05a27fa12d1346d64a57 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999717 fetched |
| Share token | alphaForexV2 |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 1,549,539.954 USDC |
| Peak TVL | 7,364,486.227 USDC |
| Last share price | 2.067 USDC |
| Last updated | |
| Last updated block | 25,704,764 |
| Data refreshed at | |
| Data starts | 2026-02-24 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 | 1,554 |
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