Intraday Bitcoin trading via strict risk management & consistent execution.

๐Ÿ†

Share token price

PHP Trading Desk (BTC/USDC)
BTC
ETH

Other metrics

3M Sharpe
0.6
3M volatility
23.6%
Age*
0.3 years
Maximum drawdown
-9.1%
Protocol Technical Risk
Lockup period
5m
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross -14.9% 12.2% 35.1% 35.1% 35.1%
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 -14.9% 12.2% 35.1% 35.1% 35.1%

About the vault

Intraday Bitcoin trading via strict risk management & consistent execution.

Updates & contact on X: @danipop99james

About 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.

View all PHP Trading Desk vaults

About Lighter

This vault is running on Lighter:

Native perpetual trading pools on Lighter DEX (ZK-rollup).

View all Lighter vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Lighter#12#15#10#8#8#9
Ranking on Lighter#12#15#10#8#8#9
CAGR (net)-42.2%-14.9%12.2%35.1%35.1%35.1%
CAGR (gross)-42.2%-14.9%12.2%35.1%35.1%35.1%
Returns (net)-1.0%-1.3%2.9%9.0%9.0%9.0%
Returns (gross)-1.0%-1.3%2.9%9.0%9.0%9.0%
Sharpe ratio-1.94-0.460.601.331.331.33
Max drawdown-3.4%-7.6%-8.6%-9.1%-9.1%-9.1%
Volatility26.7%27.4%23.6%25.0%25.0%25.0%
TVL low$15.63K$15.63K$4.73K$0.00$0.00$0.00
TVL high$16.18K$16.92K$16.92K$16.92K$16.92K$16.92K
Share price start (USDC)0.001101880.001104940.001059970.0010000.0010000.001000
Share price end (USDC)0.001090350.001090350.001090350.001090350.001090350.00109035
Period data availability8 days31 days91 days106 days106 days106 days
Period start2026-07-102026-06-172026-04-182026-04-032026-04-032026-04-03
Period end2026-07-172026-07-172026-07-172026-07-172026-07-172026-07-17
CCC

CORE3 risk rating

Risk rating by CORE3 for Lighter. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 56.95
ConfidenceLow
CORE3 rank #751
Data coverage73.3%
CategoryDecentralized Exchange
Market cap$550.2M

Risk score by category

Sub-scores run 0โ€“100 โ€” lower is better.

  • Security 24
  • Financial 40
  • Operational 35
  • Reputational 27
  • Regulatory 55

Technical Details

Vault namePHP Trading Desk (BTC/USDC)
Vault addresslighter-pool-281474976593834
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenPHP Tradin
ProtocolLighter
HomepageView vault on protocol website
Current TVL16,007.388 USDC
Peak TVL16,923.643 USDC
Last share price0.001 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2026-04-03 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureslighter_native
Flagsperp_dex_trading_vault
Deposit statusOpen
Redemption statusOpen

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