• Morpho has flagged this vault bad_debt_unrealized

Share token price

Other metrics

3M Sharpe
29.9
3M volatility
0.2%
Age
1.0 years
Maximum drawdown
-0.1%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 6.8% 6.5% 5.9% 7.4% 7.4%
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 6.8% 6.5% 5.9% 7.4% 7.4%

Fees are internalised for this vault and already removed from the gross profit.

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------------------
Ranking on Hyperliquid------------------
Ranking on Morpho------------------
CAGR (net)7.7%6.8%6.5%5.9%7.4%7.4%
CAGR (gross)7.7%6.8%6.5%5.9%7.4%7.4%
Returns (net)0.1%0.5%1.6%2.9%7.4%7.5%
Returns (gross)0.1%0.5%1.6%2.9%7.4%7.5%
Sharpe ratio61.5941.5529.8714.6920.9821.03
Max drawdown0.0%0.0%0.0%-0.1%-0.1%-0.1%
Volatility0.1%0.2%0.2%0.4%0.4%0.4%
TVL low$680.43K$680.43K$680.43K$680.43K$6.30K$2.95K
TVL high$733.37K$1.49M$4.59M$4.59M$23.83M$23.83M
Share price start (USD₮0)1.073071.068791.058171.044491.000441.00002
Share price end (USD₮0)1.07461.07461.07461.07461.07461.0746
Period data availability8 days31 days91 days182 days366 days369 days
Period start2026-07-142026-06-212026-04-222026-01-222025-07-212025-07-18
Period end2026-07-212026-07-212026-07-212026-07-212026-07-212026-07-21
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 — lower is better.

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

Technical Details

Vault nameFelix USDT0 (Frontier)
Vault address0x9896a8605763106e57a51aa0a97fe8099e806bb3
Chain Hyperliquid (999)
Denomination Tether USD (USDT)
Exchange rate used1 USD₮0 = $1.0000
Share tokenfeUSDT02
ProtocolMorpho
HomepageView vault on protocol website
Current TVL700,292.685 USD₮0
Peak TVL23,834,128.059 USD₮0
Last share price1.075 USD₮0
Last updated
Last updated block41,054,844
Data refreshed at
Data starts2025-07-18 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureseuler_earn_like, morpho_like
Flagsmorpho_issues
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events56,748

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