Kedao USDC Vault

Morpho has flagged this vault not_whitelisted, short_timelock

Share token price

Max

1M return (ann)

▲ 1,764.3%

Total value locked

$3.9

peak $120.4K

3M Sharpe

15.4

3M volatility

222.3%

Other metrics

3M Sharpe

15.4

3M volatility

222.3%

Age

0.7 years

0.0%

Protocol Technical Risk

Blacklisted

Lockup period

Instant

Denomination

USDC

Returns and fees

	1M	3M	6M	1Y	Lifetime
Gross Gross	1,764.3%	3,643.4%	589.1%	337.0%	337.0%
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	1,764.3%	3,643.4%	589.1%	337.0%	337.0%

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

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

Metric	Week	Month	3 months	6 months	Year	Lifetime
Ranking overall	---	---	---	---	---	---
Ranking on Arbitrum One	---	---	---	---	---	---
Ranking on Morpho	---	---	---	---	---	---
CAGR (net)	0.6%	1,764.3%	3,643.4%	589.1%	337.0%	337.0%
CAGR (gross)	0.6%	1,764.3%	3,643.4%	589.1%	337.0%	337.0%
Returns (net)	0.0%	41.1%	154.0%	158.9%	161.4%	161.4%
Returns (gross)	0.0%	41.1%	154.0%	158.9%	161.4%	161.4%
Sharpe ratio	0.00	9.96	15.39	6.13	4.50	4.50
Max drawdown	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Volatility	0.0%	289.4%	222.3%	125.1%	94.4%	94.4%
TVL low	$3.88	$2.75	$1.46	$1.44	$1.44	$1.44
TVL high	$3.88	$3.88	$3.88	$89.47K	$120.39K	$120.39K
Share price start (USDC)	2.61461	1.85302	1.02935	1.01007	1.0002	1.0002
Share price end (USDC)	2.6149	2.6149	2.6149	2.6149	2.6149	2.6149
Period data availability	8 days	44 days	95 days	181 days	239 days	239 days
Period start	2026-07-10	2026-06-17	2026-04-18	2026-01-18	2025-11-21	2025-11-21
Period end	2026-07-17	2026-07-17	2026-07-17	2026-07-17	2026-07-17	2026-07-17

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
Confidence	Moderate
CORE3 rank	#44

Data coverage	76.7%
Category	Lending/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 name	Kedao USDC Vault
Vault address	0xdad074c0c9fb7deda603fe47de3172ab01c7c28c
Chain	Arbitrum One (42161)
Denomination	Circle USDC (USDC)
Exchange rate used	1 USDC = $1.0000
Share token	KdUSDC
Protocol	Morpho
Homepage	View vault on protocol website
Current TVL	3.876 USDC
Peak TVL	120,385.984 USDC
Last share price	2.615 USDC
Last updated	2026-07-17 00:00 UTC (5 days ago)
Last updated block	484,907,260
Data refreshed at	2026-07-21 20:27 UTC (about 3 hours ago)
Data starts	2025-11-21 00:00:00 UTC
Fee mode	Internalised (performance fee taken from closed positions)
Fees internalised	Yes
Features	euler_earn_like, morpho_like
Flags	morpho_issues
Deposit status	Open
Redemption status	Open
Deposit/redemption events	24

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