Depositor 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.

  • This is a permissioned vault and is not accepting deposits from outsiders
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Share token price

Other metrics

3M Sharpe
1.2
3M volatility
1.6%
Age
0.2 years
Maximum drawdown
-0.6%
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 2.8% 1.9% 1.9% 1.9% 1.9%
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 2.8% 1.9% 1.9% 1.9% 1.9%

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.

View all Lagoon Finance vaults
Xerberus logo

Xerberus risk rating

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Transaction status

Deposits Private
Redemptions Open

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#287#876#955#962#927#1015
Ranking on Hyperliquid#7#26#30#34#39#39
Ranking on Lagoon Finance#8#22#23#24#26#27
CAGR (net)10.5%2.8%1.9%1.9%1.9%1.9%
CAGR (gross)10.5%2.8%1.9%1.9%1.9%1.9%
Returns (net)0.2%0.2%0.4%0.4%0.4%0.4%
Returns (gross)0.2%0.2%0.4%0.4%0.4%0.4%
Sharpe ratio7.224.051.231.231.231.23
Max drawdown0.0%0.0%-0.6%-0.6%-0.6%-0.6%

Technical Details

Vault nameNova NLP
Vault address0xeeed7bb939d65938fe8f40dd898cd5942e32f09e
Chain Hyperliquid (999)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokensNLP
ProtocolLagoon Finance
HomepageView vault on protocol website
Current TVL223,947.372 USDC
Peak TVL875,180.752 USDC
Last share price1.013 USDC
Last updated
Last updated block44,194,403
Data refreshed at
Data starts2026-06-04 00:00:00 UTC
Fee modeExternalised
Fees internalisedNo
Featureserc_7540_like, erc_7575_like, lagoon_like
Flags---
Whitelist statusWhitelisted
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events139

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