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
0.9
3M volatility
1.8%
Age
0.2 years
Maximum drawdown
-0.6%
Xerberus risk
58 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

View all Lagoon Finance vaults
Xerberus
58

Xerberus risk rating

This is a Xerberus risk rating for this vault’s underlying protocol.

View details
Xerberus score 58 / 100
Assessment levelProtocol-level
Rated entityLagoon Finance v0
View this protocol rating on Xerberus

Transaction status

Deposits Private
Redemptions Open

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#723#510#854#846#898#927
Ranking on Hyperliquid#27#24#35#34#38#38
Ranking on Lagoon Finance#18#18#24#23#26#26
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 ratio7.224.110.860.860.860.86
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 TVL344,995.196 USDC
Peak TVL875,180.752 USDC
Last share price1.011 USDC
Last updated
Last updated block42,660,803
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 events114

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