AlphaUSDC Delta V2

Ethereum

Alpha USDC Delta V2 is a USD-denominated vault focused on deploying capital into delta-neutral strategies across on-chain and structured markets. The mandate targets opportunities where directional market exposure is minimized through hedging while generating yield from funding spreads basis trades and market inefficiencies. Strategies may include but are not limited to arbitrage across spot and derivatives markets hedged liquidity provision and structured carry positions designed to remain market-neutral under varying conditions.

Total Deposits

$0

0 USDC

Liquidity

$0

0 USDC

Exposure

Net APY

0.00

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-04-14

Total Deposits (USD)

$0.00

Net APY

0.00%

APY Breakdown

Vault Net APY

0.00%

Performance Fee

10%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Idle Liquidity
	-	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-07-22 11:50:11	-10.223 USDC-$10.22	USDCbacked bymsY 86% LLTV
2026-07-01 15:58:35	-0.005 USDC-$< 0.01	USDCbacked bymsY 86% LLTV
2026-06-30 14:00:11	-< 0.001 USDC-$< 0.01	USDCbacked byAVLT 86% LLTV
2026-06-30 10:45:47	-0.025 USDC-$0.02	USDCbacked byAVLT 86% LLTV
2026-06-30 10:18:11	-4.892 USDC-$4.89	USDCbacked byAVLT 86% LLTV

1

Performance

Position Unit Price (USDC)

< 0.000001

Returns

Instant APY

0%

7D APY

0%

30D APY

0%

90D APY

-100%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Owner

SAFE 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Risk Curation

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	0.00 USDC	22.44%
	0.00 USDC	6.43%
	0.00 USDC	6.23%
	0.00 USDC	4.30%
	0.00 USDC	4.11%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-20 10:19:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:11	Transfer	-

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

0.00%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Idle Liquidity
	-	0	0	-	-	-	-	-

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

0.00%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (USDC)

< 0.000001

User Distribution

User	Deposit	% of Deposits
	0.00 USDC	22.44%
	0.00 USDC	6.43%
	0.00 USDC	6.23%
	0.00 USDC	4.30%
	0.00 USDC	4.11%

of

Total Deposits (USD)

$0.00

Allocation History

Owner

SAFE 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Morpho vault version

v2

Vault deployment date

2026-04-14

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Returns

Instant APY

0%

7D APY

0%

30D APY

0%

90D APY

-100%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

Net APY

0.00%

APY Breakdown

Vault Net APY

0.00%

Performance Fee

10%

Management Fee

0%

AlphaUSDC Delta V2

Ethereum

Alpha USDC Delta V2 is a USD-denominated vault focused on deploying capital into delta-neutral strategies across on-chain and structured markets. The mandate targets opportunities where directional market exposure is minimized through hedging while generating yield from funding spreads basis trades and market inefficiencies. Strategies may include but are not limited to arbitrage across spot and derivatives markets hedged liquidity provision and structured carry positions designed to remain market-neutral under varying conditions.

Total Deposits

$0

0 USDC

Liquidity

$0

0 USDC

Exposure

Net APY

0.00

%

Date	Amount	Vault / Market
2026-07-22 11:50:11	-10.223 USDC-$10.22	USDCbacked bymsY 86% LLTV
2026-07-01 15:58:35	-0.005 USDC-$< 0.01	USDCbacked bymsY 86% LLTV
2026-06-30 14:00:11	-< 0.001 USDC-$< 0.01	USDCbacked byAVLT 86% LLTV
2026-06-30 10:45:47	-0.025 USDC-$0.02	USDCbacked byAVLT 86% LLTV
2026-06-30 10:18:11	-4.892 USDC-$4.89	USDCbacked byAVLT 86% LLTV

1

All Transactions

Date	Type	Amount
2026-09-20 10:19:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 21:59:11	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:35	Transfer	-
2026-09-12 04:17:11	Transfer	-

1