Cross-chain USDC Lending | DeFi vault

A vault that lends USDC directly into curated Morpho Blue markets across seven chains (Ethereum, Optimism, Base, Arbitrum, Polygon, Monad, HyperEVM).

🏆

#572 overall
#273 on

Ethereum
#21 on

Lagoon Finance

Share token price

Max

3M ann. net returns

▲ 6.2%

Capital in	$10.00K
Deposit fee	$0 (0%)
Annualised gross return	6.87%
Absolute gross return	1.3%
Gross capital at end	$10.13K
Management fee	$0 (0%)
Performance fee	$13 (10%)
Withdrawal fee	$0 (0%)
Capital out	$10.12K
Annualised net return	6.16%
Absolute net return	1.17%
Start date	2026-07-04
End date	2026-09-13
Days invested	71

Total value locked

$1.2M

peak $1.2M

3M Sharpe

1.4

3M volatility

5.0%

Other metrics

3M Sharpe

1.4

3M volatility

5.0%

Age

0.2 years

-1.5%

Xerberus risk

Lockup period

Unknown

Denomination

USDC

Performance and fees

	1M	3M	6M	1Y	Lifetime
Gross Gross	5.7%	6.9%	6.9%	6.9%	6.9%
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	5.1%	6.2%	6.2%	6.2%	6.2%

About the vault

A vault that lends USDC directly into curated Morpho Blue markets across seven chains (Ethereum, Optimism, Base, Arbitrum, Polygon, Monad, HyperEVM). A cost-aware graph optimizer moves capital by CCTP only when the yield edge refinances the bridge cost over its calibrated holding horizon — never chasing a thin edge or paying a route it won't earn back.

Curated by σ-Labs

This vault is curated by σ-Labs.

σ-Labs is an onchain research lab specialising in risk analysis, quantitative strategies and multichain infrastructure.

View all σ-Labs 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 risk rating

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Visit Xerberus to view the full protocol risk rating.

Returns and period details

Metric	Week	Month	3 months	6 months	Year	Lifetime
Ranking overall	#496	#572	#449	#408	#337	#435
Ranking on Ethereum	#244	#273	#207	#175	#167	#198
Ranking on Lagoon Finance	#15	#21	#13	#14	#16	#16
CAGR (net)	4.1%	5.1%	6.2%	6.2%	6.2%	6.2%
CAGR (gross)	4.6%	5.7%	6.9%	6.9%	6.9%	6.9%
Returns (net)	0.1%	0.4%	1.2%	1.2%	1.2%	1.2%
Returns (gross)	0.1%	0.5%	1.3%	1.3%	1.3%	1.3%
Sharpe ratio	40.71	67.74	1.36	1.36	1.36	1.36
Max drawdown	0.0%	0.0%	-1.5%	-1.5%	-1.5%	-1.5%

Technical Details

Vault name	Cross-chain USDC Lending
Vault address	0xf02030ab0d7385ce4cc2f7f64b7b44430fb44c89
Chain	Ethereum (1)
Denomination	Circle USDC (USDC)
Exchange rate used	1 USDC = $0.999902 fetched about 14 hours ago
Share token	sigmaUSDC
Protocol	Lagoon Finance
Homepage	View vault on protocol website
Current TVL	1,191,291.774 USDC
Peak TVL	1,226,655.025 USDC
Last share price	1.014 USDC
Last updated	2026-09-13 00:00 UTC (about 15 hours ago)
Last updated block	25,966,064
Data refreshed at	2026-09-13 14:18 UTC (38 minutes ago)
Data starts	2026-07-04 00:00:00 UTC
Fee mode	Externalised
Fees internalised	No
Features	erc_7540_like, erc_7575_like, lagoon_like
Flags	---
Whitelist status	Permissionless
Deposit status	Open
Redemption status	Open
Deposit/redemption events	148

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