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USDC only, no other stablecoins. Morpho lending only. Capital stays in Murmurr-curated USDC Morpho Vault V2 sleeves on Ethereum, Base, HyperEVM, and Monad, with Circle CCTP as the only bridge.

Share token price

Other metrics

3M Sharpe
7.7
3M volatility
0.7%
Age
0.5 years
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 7.2% 5.6% 5.0% 4.7% 4.7%
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 7.2% 5.6% 5.0% 4.7% 4.7%

About the vault

Murmurr USDC One is built around a fixed mandate: USDC only, Morpho only, CCTP only.

Deposit USDC and hold a single share while Murmurr allocates into its own Morpho Vault V2 sleeves on Ethereum, Base, HyperEVM, and Monad. Capital stays in Morpho USDC lending. No other loan assets. No directional market bets.

Allocation is policy-bound. Hard rules cap look-through collateral concentration (including tighter limits on non blue-chip names), keep sleeve and chain exposure diversified, and force exits when liquidity or utilization breaches thresholds. Automated safeguards filter thin, impaired, or overheated markets before capital is placed.

Markets are ranked with a risk-adjusted score that blends expected yield with collateral quality, so higher APY alone does not win. Within that framework, the allocator rotates USDC across sleeves as lending conditions shift.

When capital moves between chains, it moves with Circle CCTP only. No other bridges.

Curated by DeTrade

This vault is curated by DeTrade.

DeTrade Fund offers actively managed DeFi vaults powered by real-time data and protocol integrations.

View all DeTrade 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#328#406#502#544#500#637
Ranking on Ethereum#129#172#241#258#268#328
Ranking on Lagoon Finance#11#12#17#17#18#19
CAGR (net)6.2%7.2%5.6%5.0%4.7%4.7%
CAGR (gross)6.2%7.2%5.6%5.0%4.7%4.7%
Returns (net)0.1%0.6%1.4%2.5%2.5%2.5%
Returns (gross)0.1%0.6%1.4%2.5%2.5%2.5%
Sharpe ratio7.228.377.727.737.417.41
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Technical Details

Vault nameDeTrade Morpho X-Chain USDC
Vault address0x7d2c2f54792ad72cb834d298f542145b06b703cb
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999653 fetched
Share tokendt-morphoUSDC
ProtocolLagoon Finance
HomepageView vault on protocol website
Current TVL226,127.832 USDC
Peak TVL226,127.832 USDC
Last share price1.027 USDC
Last updated
Last updated block25,994,564
Data refreshed at
Data starts2026-03-07 00:00:00 UTC
Fee modeExternalised
Fees internalisedNo
Featureserc_7540_like, erc_7575_like, lagoon_like
Strategy tags---
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events20

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