HyperEVM USDC Idle Vault

The levels come from this vault’s own risk components and controller reading. The bars draw them; they are not a second calculation, and there is deliberately no overall figure.

Market.

Market risk reads low, the WORST of drawdown. The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.

Liquidity.

Liquidity risk reads low, the WORST of exit. The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.

Concentration.

Nothing feeding concentration risk was measured for this vault, so there is no reading here. That is our coverage, not a finding.

Operating.

Operating risk reads low, the WORST of consistency. The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.

Controller.

We could not read who may move the money here, so there is no reading. Unexamined is not acceptable, and THIS IS NOT PART OF THE OVERALL BAND either way.

Evidence.

3 of 5 risk components carried a reading, 1 of the rest read something we refused to publish as a level, which is 61% of the component WEIGHT the band could draw on (a different denominator: components are not equally weighted). This is a statement about our coverage and carries no level of its own, because how much we could read is not a risk the vault runs.

Figures computed from the share price read from the vault contract as we went: 2026-08-06 to 2026-10-23, 380 observations. 30-day window from 2026-09-23. Readings from the share price read from the contract at past blocks, reconstructed afterwards (30) exist and are not mixed in: one series, one source.

Amber means the evidence is incomplete, never that the vault is risky, and grey means we did not read it rather than that there is nothing to read. Nothing here is a rating, a recommendation, or a statement that this vault is safe.

These fields are empty because nobody has attested them, not because we failed to find them. An operator who registers gets a record that provably cannot be edited after the fact, and a grade no unregistered strategy can reach.