FelixUSDe V2

HyperEVM

The Felix USDe vault allocates USDe across whitelisted borrower markets lending against blue chip crypto collateral and rebalancing within curator set caps targeting resilient risk adjusted yield.

Total Deposits

$129.18k

129.23k USDe

Liquidity

$58.41k

58.43k USDe

Exposure

Net APY

5.25

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-08-11

Curator TVL

$36.50M

Total Deposits (USD)

$129.18k

Net APY

5.25%

APY Breakdown

Vault Net APY

5.25%

Performance Fee

10%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDe)	Liquidity (USDe)	Underlying Liquidity (USDe)	Utilization	Absolute Cap	Relative Cap	APY
Vaults V1
HyperEVM USDe Idle VaultV1	0%	0	0	2	-	10M	100%	0.00%
Variable Rate Markets
USDebacked byUBTC 77% LLTV	64.74%	83.66k	58.43k	58.43k	79.99%	10M	100%	5.87%
USDebacked byWHYPE 62.5% LLTV	35.26%	45.56k	24.83k	24.83k	79.59%	10M	100%	5.84%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-26 12:50:27	+600.168 USDe+$599.91	USDebacked byWHYPE 62.5% LLTV
2026-09-26 12:50:27	-600.168 USDe-$599.91	USDebacked byUBTC 77% LLTV
2026-09-26 12:49:46	+1,034.57 USDe+$1034.14	USDebacked byUBTC 77% LLTV
2026-09-25 12:12:21	+270.839 USDe+$270.72	USDebacked byUBTC 77% LLTV
2026-09-25 12:12:21	-270.839 USDe-$270.72	USDebacked byWHYPE 62.5% LLTV

1

Performance

Position Unit Price (USDe)

1.005360

Returns

Instant APY

5.25%

7D APY

5.7%

30D APY

6.82%

90D APY

-

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x4A827418D632C415E19825fd011283A4ba020B3A

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 4/6

Curator

SAFE 4/6

Sentinel 1

0xDd00059904ddF45e30b4131345957f76F26b8f6c

Risk Curation

Allocator 1

0xDd00059904ddF45e30b4131345957f76F26b8f6c

Allocator 2

0xf81c5150D870084EE2C35AC9A1A1A5cDfB5E38ED

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
	52,579.13 USDe$52.55k	40.68%
	11,777.57 USDe$11.77k	9.11%
	10,028.45 USDe$10.02k	7.75%
	10,027.66 USDe$10.02k	7.75%
	6,235.75 USDe$6233.15	4.82%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-26 12:49:46	Deposit	1,034.57 USDe$1034.14
2026-09-25 12:11:36	Withdraw	1,034.41 USDe$1033.98
2026-09-25 03:16:01	Deposit	10,025.51 USDe$10.02k
2026-09-24 19:09:32	Withdraw	1,408.46 USDe$1407.87
2026-09-24 18:33:00	Withdraw	1,709.68 USDe$1708.96
2026-09-23 09:56:37	Deposit	98.537 USDe$98.49
2026-09-23 09:21:45	Withdraw	83.904 USDe$83.86
2026-09-23 07:07:52	Deposit	513.251 USDe$513.03
2026-09-23 02:51:35	Deposit	208.031 USDe$207.94
2026-09-23 01:03:46	Deposit	117.2 USDe$117.15

1

All Transactions

Deposit USDe

$0

0.00 USDe

Network

HyperEVM

Deposit (USDe)

0.00

APY

5.25%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Allocation History

Exposure

Markets	Allocation (%)	Allocation (USDe)	Liquidity (USDe)	Underlying Liquidity (USDe)	Utilization	Absolute Cap	Relative Cap	APY
Vaults V1
HyperEVM USDe Idle VaultV1	0%	0	0	2	-	10M	100%	0.00%
Variable Rate Markets
USDebacked byUBTC 77% LLTV	64.74%	83.66k	58.43k	58.43k	79.99%	10M	100%	5.87%
USDebacked byWHYPE 62.5% LLTV	35.26%	45.56k	24.83k	24.83k	79.59%	10M	100%	5.84%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Position Unit Price (USDe)

1.005360

Deposit USDe

$0

0.00 USDe

Network

HyperEVM

Deposit (USDe)

0.00

APY

5.25%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

User Distribution

User	Deposit	% of Deposits
	52,579.13 USDe$52.55k	40.68%
	11,777.57 USDe$11.77k	9.11%
	10,028.45 USDe$10.02k	7.75%
	10,027.66 USDe$10.02k	7.75%
	6,235.75 USDe$6233.15	4.82%

of

Total Deposits (USD)

$129.18k

Owner

SAFE 4/6

Curator

SAFE 4/6

Sentinel 1

0xDd00059904ddF45e30b4131345957f76F26b8f6c

Morpho vault version

v2

Vault deployment date

2026-08-11

Curator TVL

$36.50M

Allocator 1

0xDd00059904ddF45e30b4131345957f76F26b8f6c

Allocator 2

0xf81c5150D870084EE2C35AC9A1A1A5cDfB5E38ED

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

All Transactions

Date	Type	Amount
2026-09-26 12:49:46	Deposit	1,034.57 USDe$1034.14
2026-09-25 12:11:36	Withdraw	1,034.41 USDe$1033.98
2026-09-25 03:16:01	Deposit	10,025.51 USDe$10.02k
2026-09-24 19:09:32	Withdraw	1,408.46 USDe$1407.87
2026-09-24 18:33:00	Withdraw	1,709.68 USDe$1708.96
2026-09-23 09:56:37	Deposit	98.537 USDe$98.49
2026-09-23 09:21:45	Withdraw	83.904 USDe$83.86
2026-09-23 07:07:52	Deposit	513.251 USDe$513.03
2026-09-23 02:51:35	Deposit	208.031 USDe$207.94
2026-09-23 01:03:46	Deposit	117.2 USDe$117.15

1

Returns

Instant APY

5.25%

7D APY

5.7%

30D APY

6.82%

90D APY

-

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x4A827418D632C415E19825fd011283A4ba020B3A

Management fee recipient

Net APY

5.25%

APY Breakdown

Vault Net APY

5.25%

Performance Fee

10%

Management Fee

0%

FelixUSDe V2

HyperEVM

The Felix USDe vault allocates USDe across whitelisted borrower markets lending against blue chip crypto collateral and rebalancing within curator set caps targeting resilient risk adjusted yield.

Total Deposits

$129.18k

129.23k USDe

Liquidity

$58.41k

58.43k USDe

Exposure

Net APY

5.25

%

Date	Amount	Vault / Market
2026-09-26 12:50:27	+600.168 USDe+$599.91	USDebacked byWHYPE 62.5% LLTV
2026-09-26 12:50:27	-600.168 USDe-$599.91	USDebacked byUBTC 77% LLTV
2026-09-26 12:49:46	+1,034.57 USDe+$1034.14	USDebacked byUBTC 77% LLTV
2026-09-25 12:12:21	+270.839 USDe+$270.72	USDebacked byUBTC 77% LLTV
2026-09-25 12:12:21	-270.839 USDe-$270.72	USDebacked byWHYPE 62.5% LLTV

1