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Delta-neutral carry on Hyperliquid, measured in USD

Share token price

Other metrics

3M Sharpe
---
3M volatility
0.0%
Age
0.02 years
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross --- --- --- --- ---
Performance fee Performance 20.0%20.0%20.0%20.0%20.0%
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 --- --- --- --- ---

About the vault

Delta-neutral carry on Hyperliquid, measured in USD. The vault holds HYPE (and potentially BTC) spot and shorts the matching perpetual in equal quantity, so price moves cancel out and the return comes from the funding paid by perp longs. The position runs on a Hyperliquid portfolio margin account: USDC is borrowed against the spot collateral to scale the trade, and a rebalancing keeps leverage within a set range as prices move. One venue, one structure, held for the long run.

Main risks: negative funding periods, Hyperliquid venue and smart-contract risk, USDC borrow availability and rates, liquidation if rebalancing fails in a sharp move.

Curated by Mt Pelerin

This vault is curated by Mt Pelerin.

Mt Pelerin is a regulated Swiss fintech offering self-custodial crypto-fiat exchange, asset tokenisation, and DeFi vault curation since 2018.

View all Mt Pelerin vaults

Running on Lagoon Finance protocol

This vault is running on Lagoon Finance:

Open, general-purpose, secure vault infrastructure for on-chain yield products.

View all Lagoon Finance vaults
Xerberus logo

Xerberus risk rating

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Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Ethereum------------------
Ranking on Lagoon Finance------------------
CAGR (net)------------------
CAGR (gross)------------------
Returns (net)0.0%0.0%0.0%0.0%0.0%0.0%
Returns (gross)0.0%0.0%0.0%0.0%0.0%0.0%
Sharpe ratio------------------
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Technical Details

Vault nameMt Pelerin – HL Carry Strategies
Vault address0x6abf7b760a40c4f015803cba3cd8b430e41fba7f
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999923 fetched
Share tokenMtP-HLStrat
ProtocolLagoon Finance
HomepageView vault on protocol website
Current TVL111,152 USDC
Peak TVL111,152 USDC
Last share price1 USDC
Last updated
Last updated block26,139,470
Data refreshed at
Data starts2026-10-01 14:28:23 UTC
Fee modeExternalised
Fees internalisedNo
Featureserc_7540_like, erc_7575_like, lagoon_like
Strategy tags---
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events3

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