Felix USDhl
A Morpho vault on HyperEVM that lends out USDHL deposits, curated by Felix. Depositors earn 0.00% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.00%
after fees, paid to depositors
30-day APY
0.00%
7-day 0.00%
Deposits
$126K
126.07K USDHL
Withdrawable now
$126K
100% of deposits
Performance fee
10%
of the interest earned
Depositors
2,043
largest holds 25.4%
Felix USDhl APY history
Net APY earned each day, measured from the vault's share price
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| Idle cashnot lent out | $126K | 100.0% |
| UBTC / USDHLLLTV 77% · not listed in the Morpho app | $0 | 0.0% |
| kHYPE / USDHLLLTV 62.5% | $0 | 0.0% |
| WHYPE / USDHLLLTV 62.5% | $0 | 0.0% |
| wstHYPE / USDHLLLTV 62.5% | $0 | 0.0% |
The curator decides which markets the vault may use and how much it may put in each (the cap). Allocators then move money between those markets within the caps. How vaults work.
What the loans are backed by
Share of this vault's lending by the collateral borrowers put up
| Other | 100.0% |
|---|---|
| kHYPE | 0.0% |
| WHYPE | 0.0% |
| wstHYPE | 0.0% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 0.00% |
|---|---|
| Last 7 days | 0.00% |
| Last 30 days | 0.00% |
| Last year | 5.79% |
| Since the vault started | 6.47% |
Who controls this vault
| Curator | Felix |
|---|---|
| Owner | 0x4A82…0B3A4-of-6 multisig |
| Guardian | None |
| Timelock | 3 dayswait before risky changes take effect |
| Allocators | 1addresses that move money between markets |
| Created | June 9, 2025 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | USDHLprice $0.9999 |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 0.00% |
| Public allocator | Onborrowers can pull liquidity between this vault's markets |
| Vault contract | 0x9c59…275e |
| USDHL token | 0xb50A…2BD5 |
| Network | HyperEVM |
The curator's description: "The Felix USDhl Frontier vault targets emerging or less seasoned collateral sets under conservative caps aiming to capture additional carry while maintaining disciplined curator led risk controls."
Largest depositors
2,043 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x9FfE…1C16 | $32.0K | 25.4% |
| 0x47e2…0857 | $17.5K | 13.8% |
| 0xDA03…27e8 | $9.3K | 7.4% |
| 0x99cd…d499 | $5.9K | 4.7% |
| 0x3282…399d | $4.2K | 3.4% |
| 0x8D34…D146 | $3.4K | 2.7% |
| 0x5F39…1fd7 | $2.6K | 2.0% |
| 0xD05D…9c21 | $2.2K | 1.7% |
| 0xab62…7695 | $1.8K | 1.4% |
| 0x5D89…9288 | $1.6K | 1.3% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Felix USDhl
Felix USDhl is a MetaMorpho vault (Morpho V1) on HyperEVM, created on June 9, 2025. It takes USDHL deposits and lends them to borrowers in 0 Morpho markets. The curator, Felix, decides which markets it may use and how much can go into each.
It holds $126K (126.07K USDHL) from 2,043 depositors and pays a net APY of 0.00% after its 10% performance fee. Over the last 30 days depositors actually earned 0.00% a year, and 5.79% over the last year.
Risky changes, such as adding a market, wait behind a 3-day timelock, which gives depositors time to leave first. The owner is a 4-of-6 multisig wallet. Morpho's app shows no warnings for this vault.
Felix USDhl: quick answers
What is the APY of Felix USDhl on HyperEVM?
Felix USDhl pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.00% over the last 30 days. The rate changes every day with what its borrowers pay.
Can I withdraw from Felix USDhl right now?
Yes: all of its $126K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed USDHL left. That can change quickly when borrowing picks up.
Who runs Felix USDhl and what does it charge?
Felix curates it. It keeps 10% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Felix USDhl?
Like every Morpho vault, it can lose money if a borrower's collateral crashes faster than it can be liquidated, if a price oracle fails, or through a smart contract bug. Withdrawals can wait when its markets are fully borrowed. Changes to it wait behind a 3-day timelock. This is not advice.
