Bitcoin Dollar USDC
View on IPOR Fusion Update infoThe Bitcoin Dollar USDC Vault generates yield by acquiring sBTCD, a yield bearing 50% BTC 50% USD collateralized token.
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- #86 overall
- #29 on
- #3 on
Share token price
1M return (ann)
▲ 14.1%
Total value locked
$590.0K
peak $590.0K
3M Sharpe
14.3
3M volatility
1.1%
Other metrics
3M Sharpe
14.3
3M volatility
1.1%
Age
0.3 years
-10.0%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | 14.1% | 15.8% | -17.6% | -17.6% | -17.6% |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 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 | 14.1% | 15.8% | -17.6% | -17.6% | -17.6% |
About the vault
The Bitcoin Dollar USDC Vault generates yield by acquiring sBTCD, a yield bearing 50% BTC 50% USD collateralized token. The vault leverages this token 2X by borrowing wBTC and maintaining a 50% LTV ratio. The BTC exposure within sBTCD is offset by the wBTC debt leaving users with pure USD exposure with yield.
About BTCD Labs
This vault is curated by BTCD Labs.
BTCD Labs operates Bitcoin Dollar, a DeFi protocol built around BTCD, sBTCD and FISC.
About IPOR Fusion
This vault is running on IPOR Fusion:
Meta DeFi aggregation, execution and intelligence engine for on-chain asset management.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #49 | #86 | #76 | #967 | #1001 | #1027 |
| Ranking on Ethereum | #16 | #29 | #17 | #568 | #585 | #601 |
| Ranking on IPOR Fusion | #1 | #3 | #1 | #29 | #28 | #28 |
| CAGR (net) | 16.8% | 14.1% | 15.8% | -17.6% | -17.6% | -17.6% |
| CAGR (gross) | 16.8% | 14.1% | 15.8% | -17.6% | -17.6% | -17.6% |
| Returns (net) | 0.3% | 1.1% | 3.7% | -5.5% | -5.5% | -5.5% |
| Returns (gross) | 0.3% | 1.1% | 3.7% | -5.5% | -5.5% | -5.5% |
| Sharpe ratio | 23.60 | 17.31 | 14.33 | -0.97 | -0.97 | -0.97 |
| Max drawdown | -0.0% | -0.1% | -0.1% | -10.0% | -10.0% | -10.0% |
| Volatility | 0.7% | 0.8% | 1.1% | 19.3% | 19.3% | 19.3% |
| TVL low | $558.86K | $422.77K | $50.24K | $1.96K | $1.96K | $1.96K |
| TVL high | $590.00K | $590.00K | $590.00K | $590.00K | $590.00K | $590.00K |
| Share price start (USDC) | 1.12361 | 1.11484 | 1.08694 | 1.19279 | 1.19279 | 1.19279 |
| Share price end (USDC) | 1.12696 | 1.12696 | 1.12696 | 1.12696 | 1.12696 | 1.12696 |
| Period data availability | 8 days | 31 days | 91 days | 108 days | 108 days | 108 days |
| Period start | 2026-07-11 | 2026-06-18 | 2026-04-19 | 2026-04-02 | 2026-04-02 | 2026-04-02 |
| Period end | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 |
Technical Details
| Vault name | Bitcoin Dollar USDC |
| Vault address | 0xf8f226da66244f89e70c5b5d1a5c5b0d505eb1d8 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999946 fetched |
| Share token | bdUSD |
| Protocol | IPOR Fusion |
| Homepage | View vault on protocol website |
| Current TVL | 589,995.63 USDC |
| Peak TVL | 589,995.63 USDC |
| Last share price | 1.127 USDC |
| Last updated | |
| Last updated block | 25,558,835 |
| Data refreshed at | |
| Data starts | 2026-04-02 00:00:00 UTC |
| Fee mode | Internalised minting |
| Fees internalised | Yes |
| Features | ipor_like |
| Flags | --- |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 137 |
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