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For phase 1, we will take the USDC and WETH and deposit them into Gauntlet vaults. We see them as the gold standard in the lending vaults space for maximizing profit and being hyper-focused on risk management and security.

Share token price

Other metrics

3M Sharpe
7.9
3M volatility
1.1%
Age
0.6 years
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 8.2% 8.8% 4.9% --- 4.5%
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 7.4% 7.9% 4.4% --- 4.0%

About the vault

Evolves in 3 phases. Phase 1: deploy into Gauntlet Vaults (~2 weeks). Phase 2: target 6–9% via ETH-USDC market making using ≤40% LTV borrowing; 1% used to hedge IL via OTM Derive options, capping IL ≤4% over unlikely 3-month range (~2 weeks). Phase 3: same strategy on Ammalgam. Transitions: 50% start, 50% after 1 week; final phase over 4 weeks. Liquidity: 1% instant, 20%/48h, 100%/7d. Excess fees buy Ammalgam tokens at TGE.

Curated by Ammalgam

This vault is curated by Ammalgam.

Ammalgam is a decentralised lending exchange for lending, trading and leveraging assets without oracles.

View all Ammalgam vaults

Running on Lagoon Finance protocol

This vault is running on Lagoon Finance:

Open, general-purpose, secure vault infrastructure for on-chain yield products.

View all Lagoon Finance vaults
Xerberus logo

Xerberus risk rating

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Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#487#370#340#437---#749
Ranking on Ethereum#254#149#128#185---#382
Ranking on Lagoon Finance#20#18#10#12---#27
CAGR (net)4.6%7.4%7.9%4.4%---4.0%
CAGR (gross)5.1%8.2%8.8%4.9%---4.5%
Returns (net)0.1%0.6%1.9%2.2%2.3%2.3%
Returns (gross)0.1%0.7%2.1%2.4%2.5%2.5%
Sharpe ratio---7.947.865.595.485.48
Max drawdown0.0%0.0%-0.0%-0.1%-0.1%-0.1%

Technical Details

Vault nameAmmalgam USDC Vault
Vault address0x8417430a31851ae0a36a854394227c5d86be8fc9
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999923 fetched
Share tokenammVUSDC
ProtocolLagoon Finance
HomepageView vault on protocol website
Current TVL135,980.854 USDC
Peak TVL248,030.232 USDC
Last share price1.025 USDC
Last updated
Last updated block26,139,470
Data refreshed at
Data starts2026-03-11 23:27:47 UTC
Fee modeExternalised
Fees internalisedNo
Featureserc_7540_like, erc_7575_like, lagoon_like
Strategy tagsamm, delta_neutral, lending, liquidity_provider, market_making, market_making_amm, multistrategy, options
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events53

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