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.
- This is a permissioned vault and is not accepting deposits from outsiders
- #398 overall
- #10 on
- #11 on
Share token price
3M ann. net returns
▲ 5.4%
Total value locked
$221.5K
peak $875.2K
3M Sharpe
5.4
3M volatility
1.0%
Other metrics
3M Sharpe
5.4
3M volatility
1.0%
Age
0.3 years
-0.6%
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 7.5% | 5.4% | 3.0% | 3.0% | 3.0% | |
| 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 | 7.5% | 5.4% | 3.0% | 3.0% | 3.0% |
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.
Xerberus risk rating
58 View more View less
Transaction status
Deposits Private
Redemptions Open
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #267 | #398 | #523 | #911 | #838 | #962 |
| Ranking on Hyperliquid | #9 | #10 | #26 | #33 | #39 | #40 |
| Ranking on Lagoon Finance | #9 | #11 | #18 | #21 | #25 | #25 |
| CAGR (net) | 7.8% | 7.5% | 5.4% | 3.0% | 3.0% | 3.0% |
| CAGR (gross) | 7.8% | 7.5% | 5.4% | 3.0% | 3.0% | 3.0% |
| Returns (net) | 0.1% | 0.6% | 1.3% | 0.8% | 0.8% | 0.8% |
| Returns (gross) | 0.1% | 0.6% | 1.3% | 0.8% | 0.8% | 0.8% |
| Sharpe ratio | 7.22 | 6.08 | 5.41 | 1.97 | 1.97 | 1.97 |
| Max drawdown | 0.0% | 0.0% | 0.0% | -0.6% | -0.6% | -0.6% |
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 | 221,543.121 USDC |
| Peak TVL | 875,180.752 USDC |
| Last share price | 1.017 USDC |
| Last updated | |
| Last updated block | 46,048,403 |
| 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 |
| Strategy tags | --- |
| Flags | --- |
| Whitelist status | Whitelisted |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 154 |
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