Fire Liquidity Provider
View on Hibachi Update infoThis vault, operated by Kappa Lab, provides liquidity to Hibachi by running market making strategies across all markets, and collects a share of platform fees.
Share token price
3M return (ann)
▲ 30.0%
Total value locked
$2.0M
peak $2.0M
3M Sharpe
19.1
3M volatility
1.4%
Other metrics
3M Sharpe
19.1
3M volatility
1.4%
Age*
0.3 years
-0.1%
Protocol Technical Risk
Lockup period
Instant
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 26.5% | 30.0% | 35.9% | 35.9% | 35.9% | |
| 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 | 26.5% | 30.0% | 35.9% | 35.9% | 35.9% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
This vault, operated by Kappa Lab, provides liquidity to Hibachi by running market making strategies across all markets, and collects a share of platform fees.
Curated by Kappa Lab
This vault is curated by Kappa Lab.
Kappa Lab is a digital asset market maker providing liquidity solutions across centralised and decentralised venues.
Running on Hibachi protocol
This vault is running on Hibachi:
Native perpetual trading vaults on the Hibachi stablecoin FX exchange.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #198 | #198 | #137 | #126 | #54 | #74 |
| Ranking on Hibachi | #2 | #2 | #3 | #2 | #2 | #2 |
| Ranking on Hibachi | #2 | #2 | #3 | #2 | #2 | #2 |
| CAGR (net) | 33.1% | 26.5% | 30.0% | 35.9% | 35.9% | 35.9% |
| CAGR (gross) | 33.1% | 26.5% | 30.0% | 35.9% | 35.9% | 35.9% |
| Returns (net) | 0.5% | 2.0% | 6.7% | 8.7% | 8.7% | 8.7% |
| Returns (gross) | 0.5% | 2.0% | 6.7% | 8.7% | 8.7% | 8.7% |
| Sharpe ratio | 15.01 | 21.70 | 19.08 | 18.20 | 18.20 | 18.20 |
| Max drawdown | -0.0% | -0.0% | -0.1% | -0.1% | -0.1% | -0.1% |
Technical Details
| Vault name | Fire Liquidity Provider |
| Vault address | hibachi-vault-4 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDT = $1.0000 |
| Share token | FLP2 |
| Protocol | Hibachi |
| Homepage | View vault on protocol website |
| Current TVL | 2,002,592.469 USDT |
| Peak TVL | 2,004,988.893 USDT |
| Last share price | 1.087 USDT |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2026-05-21 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | hibachi_native |
| Flags | perp_dex_trading_vault |
| Whitelist status | Unknown |
| Deposit status | Open |
| Redemption status | Open |
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