• Morpho has flagged this vault not_whitelisted
  • The value in this vault is down more than 95% of its peak. The vault is likely abandoned or facing issues.
πŸ†

Share token price

Other metrics

3M Sharpe
12.0
3M volatility
1.2%
Age
1.2 years
Maximum drawdown
-0.1%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 7.9% 6.8% 6.9% 6.7% 7.2%
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 7.9% 6.8% 6.9% 6.7% 7.2%

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

Notes

The vault data might be updated infrequently because the vault TVL has fallen substantially from its historical peak.

Curated by Felix

This vault is curated by Felix.

Felix is a Hyperliquid-native CDP protocol for borrowing and earning with the feUSD stablecoin.

View all Felix 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#216#192#241#222#272#272
Ranking on Hyperliquid#10#8#15#13#18#13
Ranking on Morpho#12#7#18#13#21#15
CAGR (net)7.3%7.9%6.8%6.9%6.7%7.2%
CAGR (gross)7.3%7.9%6.8%6.9%6.7%7.2%
Returns (net)0.1%0.8%1.6%3.3%6.7%9.0%
Returns (gross)0.1%0.8%1.6%3.3%6.7%9.0%
Sharpe ratio0.0027.6811.9910.7913.3415.31
Max drawdown0.0%0.0%0.0%-0.1%-0.1%-0.1%
Volatility0.0%2.0%1.2%0.9%0.6%0.5%
TVL low$484.12K$482.46K$482.46K$482.46K$482.46K$112.78K
TVL high$509.22K$509.22K$916.70K$1.47M$25.11M$25.56M
Share price start (USDe)1.088711.082061.072691.05511.021961.00016
Share price end (USDe)1.090181.090181.090181.090181.090181.09018
Period data availability8 days37 days91 days181 days366 days456 days
Period start2026-07-302026-07-072026-05-082026-02-072025-08-062025-05-08
Period end2026-08-062026-08-062026-08-062026-08-062026-08-062026-08-06
Xerberus
78

Xerberus risk rating

Xerberus score 78 / 100
Assessment levelProtocol-level
Rated entityMorpho
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 0–100 β€” lower is better.

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

Technical Details

Vault nameFelix USDe
Vault address0x835febf893c6dddee5cf762b0f8e31c5b06938ab
Chain Hyperliquid (999)
Denomination Ethena USDe (USDE)
Exchange rate used1 USDe = $0.999792 fetched
Share tokenfeUSDe
ProtocolMorpho
HomepageView vault on protocol website
Current TVL509,222.888 USDe
Peak TVL25,561,156.344 USDe
Last share price1.09 USDe
Last updated
Last updated block42,473,603
Data refreshed at
Data starts2025-05-08 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureseuler_earn_like, morpho_like
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events26,873

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