Markov USDC Prime | DeFi vault

Rank

#1070 overall
#573 on

Ethereum
#88 on

Euler

Strategies used by vault

Lending

Share token price

Max

3M ann. net returns

Total value locked

$130.8K

peak $189.1K

3M Sharpe

19.5

3M volatility

0.0%

Other metrics

3M Sharpe

19.5

3M volatility

0.0%

Age

0.5 years

0.0%

Xerberus risk

Lockup period

Instant

Denomination

USDC

Performance and fees

	1M	3M	6M	1Y	Lifetime
Gross Gross	0.4%	0.5%	0.5%	0.5%	0.5%
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	0.4%	0.5%	0.5%	0.5%	0.5%

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

Running on Euler protocol

This vault is running on Euler:

Modular lending platform for lending and borrowing ERC-20 crypto assets.

View all Euler vaults

Xerberus risk rating

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Visit Xerberus to view the full protocol risk rating.

CORE3 risk rating

BBB

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Risk rating by CORE3 for Euler. CORE3's Probability of Loss is a protocol-level risk measure. It does not assess the performance of this individual vault.

Probability of Loss	24.82
Confidence	High
CORE3 rank	#13

Data coverage	76.7%
Category	Lending/Borrowing
Market cap	$30.4M

Risk score by category

Sub-scores run 0–100 — lower is better.

Security 93
Financial 67
Operational 40
Reputational 56
Regulatory 34

View full rating on the CORE3 website

Returns and period details

Metric	Week	Month	3 months	6 months	Year	Lifetime
Ranking overall	#940	#1070	#1066	#1093	#1027	#1116
Ranking on Ethereum	#503	#573	#594	#606	#593	#625
Ranking on Euler	#99	#88	#92	#99	#109	#109
CAGR (net)	0.1%	0.4%	0.5%	0.5%	0.5%	0.5%
CAGR (gross)	0.1%	0.4%	0.5%	0.5%	0.5%	0.5%
Returns (net)	0.0%	0.0%	0.1%	0.3%	0.3%	0.3%
Returns (gross)	0.0%	0.0%	0.1%	0.3%	0.3%	0.3%
Sharpe ratio	56.61	17.56	19.46	21.92	21.55	21.55
Max drawdown	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Technical Details

Vault name	Markov USDC Prime
Vault address	0x50791a5ca041b9d6dd03e64e3fa0e34a376759ac
Chain	Ethereum (1)
Denomination	Circle USDC (USDC)
Exchange rate used	1 USDC = $0.999653 fetched about 12 hours ago
Share token	mkUSDC
Protocol	Euler
Homepage	View vault on protocol website
Current TVL	130,885.122 USDC
Peak TVL	189,173.769 USDC
Last share price	1.003 USDC
Last updated	2026-09-17 00:00 UTC (about 14 hours ago)
Last updated block	25,994,564
Data refreshed at	2026-09-17 13:05 UTC (about 1 hour ago)
Data starts	2026-03-18 00:00:00 UTC
Fee mode	Internalised (performance fee taken from closed positions)
Fees internalised	Yes
Features	euler_earn_like
Strategy tags	lending
Flags	---
Whitelist status	Permissionless
Deposit status	Open
Redemption status	Open
Deposit/redemption events	170

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