Prime HELOC Loop
View on IPOR Fusion Update infoTAU’s PRIME HELOC Loop Vault provides capital-efficient exposure to a PRIME looping strategy on the Morpho PRIME-pyUSD market.
- #122 overall
- #41 on
- #3 on
Share token price
Other metrics
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 12.4% | 12.8% | 12.8% | 12.8% | 12.8% | |
| Performance fee Performance | 10.0% | 10.0% | 10.0% | 10.0% | 10.0% | |
| Management fee Management | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | |
| Deposit fee Deposit | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Net Net | 11.0% | 12.2% | 12.2% | 12.2% | 12.2% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
TAU’s PRIME HELOC Loop Vault provides capital-efficient exposure to a PRIME looping strategy on the Morpho PRIME-pyUSD market. The vault converts deposited pyUSD into PRIME, supplies PRIME as collateral, and borrows pyUSD to reach 5.0x target leverage, or 80% LTV. PRIME provides exposure to Figure’s on-chain private credit infrastructure through Hastra, with yield generated from lending activity backed by Figure-originated HELOC collateral. The vault uses flashloan-based execution for efficient leverage management and may temporarily increase LTV up to 84% when PRIME trades below NAV to take advantage of price dislocations before delevering back toward target.
Curated by TAU
This vault is curated by TAU.
TAU Labs is an experienced risk manager, curating 10+ vaults across strategies such as loops, carry trades, and lending optimisers, with $100m in peak TVL.
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 | #846 | #122 | #102 | #88 | #101 | #114 |
| Ranking on Ethereum | #515 | #41 | #32 | #30 | #33 | #34 |
| Ranking on IPOR Fusion | #28 | #3 | #3 | #1 | #1 | #1 |
| CAGR (net) | -0.5% | 11.0% | 12.2% | 12.2% | 12.2% | 12.2% |
| CAGR (gross) | 4.9% | 12.4% | 12.8% | 12.8% | 12.8% | 12.8% |
| Returns (net) | -0.0% | 0.9% | 2.2% | 2.2% | 2.2% | 2.2% |
| Returns (gross) | 0.1% | 1.0% | 2.3% | 2.3% | 2.3% | 2.3% |
| Sharpe ratio | 8.37 | 12.21 | 11.49 | 11.49 | 11.49 | 11.49 |
| Max drawdown | -0.0% | -0.1% | -0.1% | -0.1% | -0.1% | -0.1% |
| Volatility | 0.6% | 1.0% | 1.1% | 1.1% | 1.1% | 1.1% |
| TVL low | $198.18K | $198.18K | $41.23K | $41.23K | $41.23K | $41.23K |
| TVL high | $414.62K | $421.21K | $421.21K | $421.21K | $421.21K | $421.21K |
| Share price start (PYUSD) | 1.02326 | 1.01443 | 1.00121 | 1.00121 | 1.00121 | 1.00121 |
| Share price end (PYUSD) | 1.02419 | 1.02419 | 1.02419 | 1.02419 | 1.02419 | 1.02419 |
| Period data availability | 8 days | 31 days | 70 days | 70 days | 70 days | 70 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-05-30 | 2026-05-30 | 2026-05-30 | 2026-05-30 |
| 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 | Prime HELOC Loop |
| Vault address | 0xdf8a0d3c90462c4c9b5a8697c119fa67cb84a874 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 PYUSD = $0.999652 fetched |
| Share token | TAUPrimePY |
| Protocol | IPOR Fusion |
| Homepage | View vault on protocol website |
| Current TVL | 198,182.947 PYUSD |
| Peak TVL | 421,206.485 PYUSD |
| Last share price | 1.024 PYUSD |
| Last updated | |
| Last updated block | 25,702,364 |
| Data refreshed at | |
| Data starts | 2026-05-30 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 | 43 |
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