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.
🏆
- #526 on
- #26 on
Share token price
1M return (ann)
▼ 0.06%
Total value locked
$43.0K
peak $43.1K
3M Sharpe
3.6
3M volatility
0.8%
Other metrics
3M Sharpe
3.6
3M volatility
0.8%
Age
0.07 years
-0.2%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | 2.9% | 2.9% | 2.9% | 2.9% | 2.9% |
| 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 | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Net | -0.1% | -0.1% | -0.1% | -0.1% | -0.1% |
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.
About Byzantine Finance
This vault is curated by Byzantine Finance.
Byzantine Finance offers institutional digital credit products for corporate treasuries.
About IPOR Fusion
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 | #510 | #526 | #537 | #549 | #568 | #584 |
| Ranking on IPOR Fusion | #28 | #26 | #29 | #27 | #26 | #26 |
| CAGR (net) | -13.0% | -0.1% | -0.1% | -0.1% | -0.1% | -0.1% |
| CAGR (gross) | -3.4% | 2.9% | 2.9% | 2.9% | 2.9% | 2.9% |
| Returns (net) | -0.3% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
| Returns (gross) | -0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Sharpe ratio | -2.47 | 3.59 | 3.59 | 3.59 | 3.59 | 3.59 |
| Max drawdown | -0.2% | -0.2% | -0.2% | -0.2% | -0.2% | -0.2% |
| Volatility | 1.4% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% |
| TVL low | $42.99K | $41.05K | $41.05K | $41.05K | $41.05K | $41.05K |
| TVL high | $43.07K | $43.07K | $43.07K | $43.07K | $43.07K | $43.07K |
| Share price start (USDC) | 1.01066 | 1.00801 | 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 | 26 days | 26 days | 26 days | 26 days | 26 days |
| Period start | 2026-07-11 | 2026-06-23 | 2026-06-23 | 2026-06-23 | 2026-06-23 | 2026-06-23 |
| Period end | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 |
Technical Details
| Vault name | Origin Protocol wOUSD Leverage Loop |
| Vault address | 0xf373a4d4d200d709aa73d4e0be49b822b0cc866d |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999946 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 | 25,558,835 |
| Data refreshed at | |
| Data starts | 2026-06-23 00:00:00 UTC |
| Fee mode | Internalised minting |
| Fees internalised | Yes |
| Features | ipor_like |
| Flags | --- |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 9 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter