- This is a permissioned vault and is not accepting deposits from outsiders
Nova NLP
View on Lagoon Finance Update infoDepositor USDC funds an institutional market maker across Nova markets. Earn 70% of market fees plus 100% market-making PnL, with idle capital deployed to Morpho.
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- #541 overall
- #24 on
- #20 on
Share token price
3M return (ann)
▲ 1.4%
Total value locked
$345.0K
peak $875.2K
3M Sharpe
0.9
3M volatility
1.9%
Transaction status
Deposits Private
Redemptions Open
Other metrics
3M Sharpe
0.9
3M volatility
1.9%
Age
0.2 years
-0.6%
Protocol Technical Risk
Lockup period
Unknown
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 3.7% | 1.4% | 1.4% | 1.4% | 1.4% | |
| 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 | 3.7% | 1.4% | 1.4% | 1.4% | 1.4% |
About the vault
Nova's NLP Vault allocates depositor USDC to an institutional market maker who provides liquidity across Nova supported markets. Depositors earn 70% of the fees generated by those markets, plus 100% market-making PnL. Idle capital can be deployed to Morpho for additional yield.
Running on Lagoon Finance protocol
This vault is running on Lagoon Finance:
Open, general-purpose, secure vault infrastructure for on-chain yield products.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #750 | #541 | #852 | #844 | #897 | #922 |
| Ranking on Hyperliquid | #26 | #24 | #34 | #34 | #38 | #38 |
| Ranking on Lagoon Finance | #23 | #20 | #25 | #24 | #27 | #27 |
| CAGR (net) | 1.7% | 3.7% | 1.4% | 1.4% | 1.4% | 1.4% |
| CAGR (gross) | 1.7% | 3.7% | 1.4% | 1.4% | 1.4% | 1.4% |
| Returns (net) | 0.0% | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% |
| Returns (gross) | 0.0% | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% |
| Sharpe ratio | 7.22 | 4.11 | 0.87 | 0.87 | 0.87 | 0.87 |
| Max drawdown | 0.0% | 0.0% | -0.6% | -0.6% | -0.6% | -0.6% |
| Volatility | 0.2% | 0.9% | 1.9% | 1.9% | 1.9% | 1.9% |
| TVL low | $345.00K | $345.00K | $345.00K | $345.00K | $345.00K | $345.00K |
| TVL high | $365.55K | $464.90K | $875.18K | $875.18K | $875.18K | $875.18K |
| Share price start (USDC) | 1.01046 | 1.0078 | 1.00834 | 1.00834 | 1.00834 | 1.00834 |
| Share price end (USDC) | 1.01079 | 1.01079 | 1.01079 | 1.01079 | 1.01079 | 1.01079 |
| Period data availability | 8 days | 31 days | 64 days | 64 days | 64 days | 64 days |
| Period start | 2026-07-30 | 2026-07-07 | 2026-06-04 | 2026-06-04 | 2026-06-04 | 2026-06-04 |
| Period end | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 | 2026-08-06 |
58
Xerberus risk rating
| Xerberus score | 58 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | Lagoon Finance v0 |
Technical Details
| Vault name | Nova NLP |
| Vault address | 0xeeed7bb939d65938fe8f40dd898cd5942e32f09e |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | sNLP |
| Protocol | Lagoon Finance |
| Homepage | View vault on protocol website |
| Current TVL | 344,995.196 USDC |
| Peak TVL | 875,180.752 USDC |
| Last share price | 1.011 USDC |
| Last updated | |
| Last updated block | 42,488,003 |
| Data refreshed at | |
| Data starts | 2026-06-04 00:00:00 UTC |
| Fee mode | Externalised |
| Fees internalised | No |
| Features | erc_7540_like, erc_7575_like, lagoon_like |
| Flags | --- |
| Whitelist status | Whitelisted |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 114 |
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