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Share token price

Other metrics

3M Sharpe
46.5
3M volatility
0.1%
Age
0.6 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 3.5% 3.3% 3.1% 3.1% 3.1%
Performance fee Performance 5.0%5.0%5.0%5.0%5.0%
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 3.5% 3.3% 3.1% 3.1% 3.1%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

Curated by API3

This vault is curated by API3.

API3 provides oracle infrastructure and OEV rewards for DeFi protocols across multiple chains.

View all API3 vaults

Running on Morpho protocol

This vault is running on Morpho:

Decentralised lending protocol with optimised interest rates and flexible vault architectures.

View all Morpho vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#604#591#650#680#741#801
Ranking on Ethereum#340#344#385#406#456#483
Ranking on Morpho#147#141#163#166#168#169
CAGR (net)3.2%3.5%3.3%3.1%3.1%3.1%
CAGR (gross)3.2%3.5%3.3%3.1%3.1%3.1%
Returns (net)0.1%0.3%0.8%1.5%1.9%1.9%
Returns (gross)0.1%0.3%0.8%1.5%1.9%1.9%
Sharpe ratio130.63101.3546.5232.0534.3634.36
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%
Volatility0.0%0.0%0.1%0.1%0.1%0.1%
TVL low$4.04M$4.04M$4.04M$4.04M$10.01K$10.01K
TVL high$4.29M$4.89M$6.55M$11.55M$11.55M$11.55M
Share price start (USDC)2.036582.032082.021552.00772.000052.00005
Share price end (USDC)2.037812.037812.037812.037812.037812.03781
Period data availability8 days31 days91 days181 days222 days222 days
Period start2026-07-312026-07-082026-05-092026-02-082025-12-292025-12-29
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07
Xerberus
79

Xerberus risk rating

Xerberus score 79 / 100
Assessment levelPool-level
Rated entityApi3 Core USDC
BB

CORE3 risk rating

Risk rating by CORE3 for Morpho. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 31.35
ConfidenceHigh
CORE3 rank #44
Data coverage76.7%
CategoryDecentralized Finance
Market cap$1.2B

Risk score by category

Sub-scores run 0โ€“100 โ€” lower is better.

  • Security 79
  • Financial 57
  • Operational 24
  • Reputational 59
  • Regulatory 50

Technical Details

Vault nameApi3 Core USDC
Vault address0xe2221aa07ec3266da87763e2b1e28d07a8a4e53b
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999717 fetched
Share tokenApi3CoreUSDC
ProtocolMorpho
HomepageView vault on protocol website
Current TVL4,041,511.535 USDC
Peak TVL11,551,620.098 USDC
Last share price2.038 USDC
Last updated
Last updated block25,704,764
Data refreshed at
Data starts2025-12-29 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresmorpho_v2_like
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events144

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