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
6.0
3M volatility
1.0%
Age
0.5 years
Maximum drawdown
-0.1%
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 10.7% 6.3% 3.8% 3.8% 3.8%
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 9.5% 5.7% 3.4% 3.4% 3.4%

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#207#310#440#776#744#861
Ranking on Ethereum#62#112#220#428#434#476
Ranking on Lagoon Finance#4#6#13#19#23#23
CAGR (net)25.1%9.5%5.7%3.4%3.4%3.4%
CAGR (gross)28.3%10.7%6.3%3.8%3.8%3.8%
Returns (net)0.4%0.8%1.4%1.5%1.5%1.5%
Returns (gross)0.5%0.8%1.5%1.7%1.7%1.7%
Sharpe ratio9.347.285.954.774.774.77
Max drawdown-0.0%-0.0%-0.1%-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 = $1.0000 fetched
Share tokenammVUSDC
ProtocolLagoon Finance
HomepageView vault on protocol website
Current TVL133,075.929 USDC
Peak TVL248,030.232 USDC
Last share price1.017 USDC
Last updated
Last updated block25,847,564
Data refreshed at
Data starts2026-03-11 00:00:00 UTC
Fee modeExternalised
Fees internalisedNo
Featureserc_7540_like, erc_7575_like, lagoon_like
Flags---
Whitelist statusUnknown
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events42

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