PHP Trading Desk (BTC/USDC)
View on Lighter Update infoIntraday Bitcoin trading via strict risk management & consistent execution.
Share token price
3M return (ann)
▲ 24.9%
Total value locked
$15.2K
peak $16.9K
3M Sharpe
1.2
3M volatility
21.2%
Other metrics
3M Sharpe
1.2
3M volatility
21.2%
Age*
0.3 years
-11.8%
Protocol Technical Risk
Lockup period
5m
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -53.9% | 24.9% | 10.3% | 10.3% | 10.3% | |
| Performance fee Performance | 15.0% | 15.0% | 15.0% | 15.0% | 15.0% | |
| 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 | -53.9% | 24.9% | 10.3% | 10.3% | 10.3% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
Intraday Bitcoin trading via strict risk management & consistent execution.
Updates & contact on X: @danipop99james
Curated by PHP Trading Desk
This vault is curated by PHP Trading Desk.
PHP Trading Desk is a whitelisted public pool operator on Lighter running an intraday Bitcoin trading strategy with strict risk management.
Running on Lighter protocol
This vault is running on Lighter:
Native perpetual trading pools on Lighter DEX (ZK-rollup).
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Lighter | #12 | #18 | #10 | #10 | #10 | #10 |
| Ranking on Lighter | #12 | #18 | #10 | #10 | #10 | #10 |
| CAGR (net) | 4.0% | -53.9% | 24.9% | 10.3% | 10.3% | 10.3% |
| CAGR (gross) | 4.0% | -53.9% | 24.9% | 10.3% | 10.3% | 10.3% |
| Returns (net) | 0.1% | -6.2% | 5.6% | 3.4% | 3.4% | 3.4% |
| Returns (gross) | 0.1% | -6.2% | 5.6% | 3.4% | 3.4% | 3.4% |
| Sharpe ratio | 0.30 | -4.48 | 1.15 | 0.53 | 0.53 | 0.53 |
| Max drawdown | -1.6% | -7.7% | -11.8% | -11.8% | -11.8% | -11.8% |
| Volatility | 17.8% | 17.0% | 21.2% | 23.8% | 23.8% | 23.8% |
| TVL low | $14.93K | $14.93K | $7.94K | $2.00K | $2.00K | $2.00K |
| TVL high | $15.18K | $16.18K | $16.92K | $16.92K | $16.92K | $16.92K |
| Share price start (USDC) | 0.00103316 | 0.00110185 | 0.000978753 | 0.001000 | 0.001000 | 0.001000 |
| Share price end (USDC) | 0.00103394 | 0.00103394 | 0.00103394 | 0.00103394 | 0.00103394 | 0.00103394 |
| Period data availability | 8 days | 31 days | 91 days | 125 days | 125 days | 125 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-09 | 2026-04-05 | 2026-04-05 | 2026-04-05 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
Technical Details
| Vault name | PHP Trading Desk (BTC/USDC) |
| Vault address | lighter-pool-281474976593834 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | PHP Tradin |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 15,179.212 USDC |
| Peak TVL | 16,923.643 USDC |
| Last share price | 0.001 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2026-04-05 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter