ALPHA USDC Core
100% of this vault is in higher-risk collateral, earning +227 bps over a plain USDC vault.
ALPHA USDC Core is a performance-driven vault focused on maximizing risk-adjusted returns for USDC. By allocating capital to high-conviction strategies and supporting the creation of deep, tradable markets, the vault serves as a foundation for sustainable liquidity growth and long-term yield optimization.
The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.
Weighted LLTV across markets is 91.5%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.
Cap-weighted utilization is 86.0%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.