Loading
All vaults
This is my vault, register it
Hadjime USDC Prime
BlikelyHow you get outNo notice periodread 2026-10-14
The contract imposes NO notice period: a redeem settles in the transaction that asks for it. That is not a promise of an instant exit — it is still subject to the vault having the money, which is the liquidity reading and a separate question — but there is no queue, no request step and no lock-up in the contract.
Six risks, read separately
The same six across every vault we scoreSix risks, read separately
Strategy risk band Low
The overall band reads `low` while 1 dimension read worse: concentration severe. The band weighs them against everything else, which is why it can read better without being in conflict.
| Risk | Reads | In the band | From |
|---|
Taking money
—
Supplied
$4.52
$1.84 lent out · 41% utilised
Return
2.4%
over its recorded history, partly reconstructed
The venue advertises
<0.1%
the share price implies 0.1% over 30 days, from 164 readings
Recent
Value and drawdown
This chart shows the last 30 days of a 59 day record; the whole-record figures on this page are measured over all of it, and the 30, 90 and 365-day figures over their own windows, dated below. The rest is the Analyst tierRange
Hover for values. Upper: vault value, with BTC indexed to the same starting capital. Lower: how far below its own peak it was.
What is lent out, and what is free
58 days read, one a day, from the vault’s own figures.Lent outFree cash
Range
The two bands add up to what depositors supplied. Free cash is what is not lent; what the contract will actually pay out can be less, and the evidence below says which of the two we read for this vault.
Range
Past about ninety-five per cent the percentage stops being the useful number and the dollars beside it take over: a vault can be 99% utilised with a hundred million free, and 99% utilised with a thousand.
The rate, and the seven things that qualify it
A quoted rate is one input, not a verdict. These are the same seven fields in the same order for every vault, so a high rate and a high rate nobody can withdraw from do not look alike.
- Current quoted rate
- <0.1%As the venue states it, from Morpho. Passed on rather than adopted, and whether rewards are inside it is the next row.
- Rewards inside that rate
- 0.0%of it is a reward rateA published rate, not a verified payment. Promotional projections and amounts actually accrued are different things and this is the first.
- Realised return
- 0.1%over 30 daysDerived from the share price we read, over the window stated. Annualisation is secondary: the window is the measurement.
- Fee basis
- Inside the share priceA return derived from the share price is net of whatever the venue already deducted. Fees charged outside it are not in either number.
- Withdrawable now
- $4.51
Share price and yield
Realised yield is the share price's own 30-day return, annualised, with no smoothing.Range
What one share is worth, in USDC. It moves only when the strategy earns or loses; deposits do not move it.
Realised, trailing 30dAdvertised by the venue
Range
Solid: what a holder got. Dashed: what the venue advertised, kept since 18 Sep 2026 (26 days held).
If you had deposited
$10.0k would be $10.1k , a gain of $62.12, 0.6% over 89 days.
Computed from the price of one share, so another depositor arriving is never counted as this strategy’s performance. Fees the venue charges inside the share price are included; anything charged outside it is not. It says what this vault did between two dates and nothing whatever about what it will do next.
No strategy has been declared for this vault
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Evidence
What a risk decision about this vault can rest on
Six questions, and what we hold for each. This is not a score and there is no letter at the end of it: the answers are different kinds of thing and compressing them into one number would hide exactly the part a reader needs. Where we have nothing, the row says so. 1 of 6 is not measured for this vault.
- What does it hold or lend into?Measured0 collaterals read, $0.00 supplied, across 12 marketsRead from the vault’s own holdings. Concentration and the assets themselves are below. Its largest single market holds 0% of what anybody has supplied there.
- How much could leave now?Measured$4.51What the contract will pay out now, read from it. Not the same as what is idle.
- Who runs it, and what else have they run?InferredSoftware-managed, operator unnamedWe can tell software decides here, and not who stands behind it.
- What does it depend on?Declared
Passport
Identity
Vault contract0x018f8f5F…B428
NetworkEthereum
Platform
Morpho
OperatorUnknown
Deposit assetUSDC
Created on-chain2025-09-15
First observed by us2026-08-11
Statuslive
What is deciding
Where it lends
<1% of its largest market12 markets read, $4.51 attributed. 2 of them has nothing left unlent. 4 are capped at nothing: the curator permits no more money in, whatever is there now. 4 of them have been liquidated since we began reading, and none of those left debt unrecovered. The market by market rows, and this vault’s share of each, are part of the crowding data.
What the manager moved
read 27 September 2026, over 30 daysRead over 30 days and no asset movement could be attributed to the manager. That is a reading, not an absence of one, every transfer in the window travelled with a deposit or a withdrawal.
How this vault behaves
from 20 fills over 3.17 daysTiming indicates autonomous management, confidence 17%.
- · Reallocates through every 6-hour window, including overnight in the curator’s likely timezone.
- · Reallocations spaced with machine regularity (median gap 14424s).
- · A large share of reallocations land on minute boundaries.
Overnight activity 60%
Hour-of-day evenness 56%
Cadence regularity 100%
Clock alignment 75%
Fills per day 6.3
Instruments 4
Timing only. This says nothing about whether the strategy is any good, a losing bot is still a bot.
Who is in it
Money in and out
Ledger read 3 hours agoAnalyst tier
Detail is hidden, not absentWho is in this vault, and how much of it is one wallet
A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it. Concentration is the risk a return figure never shows, and it moves before the return line does.
See what unlocksAlready a customer? Sign inWhat is still missing
- Operator cohort. We show what the venue still exposes; strategies deleted before we began observing are invisible, and only pre-registration can make a cohort provably complete.
- Gross-to-net waterfall. Returns are venue-reported and not yet decomposed into fees, funding and slippage.
- Off-chain exposure. Anything held on a centralised exchange is invisible to us, so the risk shown is a floor.