• Morpho has flagged this vault not_whitelisted
πŸ†

Share token price

Other metrics

3M Sharpe
10.7
3M volatility
1.1%
Age
0.6 years
Maximum drawdown
-0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 10.2% 8.6% 7.6% 6.7% 6.7%
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 10.2% 8.6% 7.6% 6.7% 6.7%

Notes

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

About 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

About Morpho

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---#142#171#184#270#308
Ranking on Hyperliquid---#5#5#8#16#15
Ranking on Morpho---#7#7#8#23#24
CAGR (net)0.0%10.2%8.6%7.6%6.7%6.7%
CAGR (gross)0.0%10.2%8.6%7.6%6.7%6.7%
Returns (net)0.0%0.8%2.1%3.7%3.9%3.9%
Returns (gross)0.0%0.8%2.1%3.7%3.9%3.9%
Sharpe ratio0.0015.9510.7311.4810.9810.98
Max drawdown0.0%0.0%0.0%-0.0%-0.0%-0.0%
Volatility0.0%3.0%1.1%0.8%0.8%0.8%
TVL low$50.17K$50.17K$50.17K$50.17K$501.11$501.11
TVL high$64.19K$500.76K$13.42M$23.38M$24.54M$24.54M
Share price start (USDH)1.039011.030791.018041.002361.000031.00003
Share price end (USDH)1.039011.039011.039011.039011.039011.03901
Period data availability9 days31 days91 days181 days215 days215 days
Period start2026-07-032026-06-102026-04-112026-01-112025-12-082025-12-08
Period end2026-07-102026-07-102026-07-102026-07-102026-07-102026-07-10
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 31.70
ConfidenceModerate
CORE3 rank #44
Data coverage76.7%
CategoryLending/Borrowing
Market cap$1.3B

Risk score by category

Sub-scores run 0–100 β€” lower is better.

  • Security 79
  • Financial 57
  • Operational 22
  • Reputational 59
  • Regulatory 50

Technical Details

Vault nameFelix USDH (Frontier)
Vault address0x274f854b2042db1aa4d6c6e45af73588bed4fc9d
Chain Hyperliquid (999)
Denomination Native Markets USDH (USDH)
Exchange rate used1 USDH = $1.0000
Share tokenfeUSDH2
ProtocolMorpho
HomepageView vault on protocol website
Current TVL50,170.289 USDH
Peak TVL24,539,901.703 USDH
Last share price1.039 USDH
Last updated
Last updated block40,079,244
Data refreshed at
Data starts2025-12-08 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureseuler_earn_like, morpho_like
Flags---
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events11,695

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter