Pangolins USDC
View on Morpho Update infoShare token price
3M return (ann)
▲ 4.2%
Total value locked
$20.4M
peak $42.6M
3M Sharpe
51.7
3M volatility
0.1%
Other metrics
3M Sharpe
51.7
3M volatility
0.1%
Age
0.7 years
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 4.0% | 4.2% | 3.9% | 4.2% | 4.2% | |
| Performance fee Performance | 10.0% | 10.0% | 10.0% | 10.0% | 10.0% | |
| 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 | 4.0% | 4.2% | 3.9% | 4.2% | 4.2% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
Curated by Pangolins
This vault is curated by Pangolins.
Pangolins is a DeFi risk-management project researching protocols, strategies, and automated risk controls.
Running on Morpho protocol
This vault is running on Morpho:
Decentralised lending protocol with optimised interest rates and flexible vault architectures.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #477 | #490 | #478 | #500 | #517 | #601 |
| Ranking on Base | #86 | #89 | #85 | #93 | #96 | #110 |
| Ranking on Morpho | #100 | #100 | #97 | #103 | #105 | #111 |
| CAGR (net) | 3.9% | 4.0% | 4.2% | 3.9% | 4.2% | 4.2% |
| CAGR (gross) | 3.9% | 4.0% | 4.2% | 3.9% | 4.2% | 4.2% |
| Returns (net) | 0.1% | 0.3% | 1.0% | 1.9% | 3.0% | 3.0% |
| Returns (gross) | 0.1% | 0.3% | 1.0% | 1.9% | 3.0% | 3.0% |
| Sharpe ratio | 115.64 | 131.44 | 51.70 | 44.51 | 47.02 | 47.02 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.1% |
| TVL low | $18.90M | $18.81M | $18.81M | $4.26M | $4.26M | $4.26M |
| TVL high | $20.44M | $21.44M | $38.34M | $38.34M | $42.61M | $42.61M |
| Share price start (USDC) | 1.02961 | 1.02708 | 1.0201 | 1.01113 | 1.00029 | 1.00029 |
| Share price end (USDC) | 1.03038 | 1.03038 | 1.03038 | 1.03038 | 1.03038 | 1.03038 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 267 days | 267 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-09 | 2026-02-08 | 2025-11-14 | 2025-11-14 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
78
Xerberus risk rating
| Xerberus score | 78 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | Morpho |
Technical Details
| Vault name | Pangolins USDC |
| Vault address | 0x1401d1271c47648ac70cbcdfa3776d4a87ce006b |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | pUSDC |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 20,444,619.724 USDC |
| Peak TVL | 42,610,059.136 USDC |
| Last share price | 1.03 USDC |
| Last updated | |
| Last updated block | 49,664,607 |
| Data refreshed at | |
| Data starts | 2025-11-14 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | euler_earn_like, morpho_like |
| Flags | --- |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 8,315 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter