Origin Protocol wOUSD Leverage Loop
View on IPOR Fusion Update infoThis vault runs a leveraged yield loop on OUSD using Morpho's wOUSD/USDC market.
- #551 on
- #32 on
Share token price
Other metrics
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -0.6% | 1.6% | 1.6% | 1.6% | 1.6% | |
| Performance fee Performance | 10.0% | 10.0% | 10.0% | 10.0% | 10.0% | |
| Management fee Management | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | |
| Deposit fee Deposit | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Net Net | -2.9% | -0.0% | -0.0% | -0.0% | -0.0% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
This vault runs a leveraged yield loop on OUSD using Morpho's wOUSD/USDC market. It deposits wrapped OUSD as collateral, borrows USDC, and redeploys it into OUSD — cycling the position to amplify yield. Leverage is adjusted dynamically based on borrowing costs and collateral conditions, and all rewards are automatically compounded.
Curated by Byzantine Finance
This vault is curated by Byzantine Finance.
Byzantine Finance offers institutional digital credit products for corporate treasuries.
Running on IPOR Fusion protocol
This vault is running on IPOR Fusion:
Meta DeFi aggregation, execution and intelligence engine for on-chain asset management.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Ethereum | #530 | #551 | #557 | #566 | #586 | #603 |
| Ranking on IPOR Fusion | #31 | #32 | #31 | #30 | #29 | #29 |
| CAGR (net) | -9.9% | -2.9% | -0.0% | -0.0% | -0.0% | -0.0% |
| CAGR (gross) | 0.0% | -0.6% | 1.6% | 1.6% | 1.6% | 1.6% |
| Returns (net) | -0.2% | -0.2% | -0.0% | -0.0% | -0.0% | -0.0% |
| Returns (gross) | 0.0% | -0.0% | 0.2% | 0.2% | 0.2% | 0.2% |
| Sharpe ratio | 0.00 | -0.86 | 2.68 | 2.68 | 2.68 | 2.68 |
| Max drawdown | 0.0% | -0.2% | -0.2% | -0.2% | -0.2% | -0.2% |
| Volatility | 0.0% | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% |
| TVL low | $42.99K | $42.99K | $41.05K | $41.05K | $41.05K | $41.05K |
| TVL high | $42.99K | $43.07K | $43.07K | $43.07K | $43.07K | $43.07K |
| Share price start (USDC) | 1.00999 | 1.01045 | 1.00801 | 1.00801 | 1.00801 | 1.00801 |
| Share price end (USDC) | 1.00999 | 1.00999 | 1.00999 | 1.00999 | 1.00999 | 1.00999 |
| Period data availability | 8 days | 31 days | 46 days | 46 days | 46 days | 46 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-06-23 | 2026-06-23 | 2026-06-23 | 2026-06-23 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
Xerberus risk rating
| Xerberus score | 56 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | IPOR Fusion v1 |
Technical Details
| Vault name | Origin Protocol wOUSD Leverage Loop |
| Vault address | 0xf373a4d4d200d709aa73d4e0be49b822b0cc866d |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999717 fetched |
| Share token | iporwOUSD |
| Protocol | IPOR Fusion |
| Homepage | View vault on protocol website |
| Current TVL | 42,992.515 USDC |
| Peak TVL | 43,065.841 USDC |
| Last share price | 1.01 USDC |
| Last updated | |
| Last updated block | 25,704,764 |
| Data refreshed at | |
| Data starts | 2026-06-23 00:00:00 UTC |
| Fee mode | Internalised minting |
| Fees internalised | Yes |
| Features | ipor_like |
| Flags | --- |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 9 |
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