Hyperithm USDC Core
100% of this vault sits in higher-risk collateral, yet it earns 3.82% on USDC versus 4.3% for a plain USDC vault (-47 bps). You're not being paid for the extra risk.
Hyperithm USDC Core vault provides liquidity to conservative collateral markets aiming to generate stable income while maintaining prudent risk management for sustainable performance.
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 91.2%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.