ASPERN · due-diligence report
IPOR Fusion · USDC
IPOR Fusion · ethereum · ipor-fusion-usdc-944111
Generated 2026-10-27 13:32:16 UTC. Every figure below carries the moment it was read, because a report is read later than it is made. Nothing here is a recommendation to invest. The live page carries the same readings and moves with them.
What it holds
How you get out
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
| Market | low | in the band |
| Liquidity | severe | in the band |
| Concentration | low | in the band |
| Operating | low | in the band |
| Controller | not read | outside the band |
| Evidence | not read | outside the band |
There is no overall figure and there will not be one. The band covers four of these and contains no reading of the controller at all, so a band of `low` beside a controller of `high` is not a contradiction: it is the thing this table exists to show.
What it advertised and what it returned
The published ratio divides the realised rate by the rate this vault quotes TODAY. Over 26 of the 204 days the return covers we hold its own quotes, it advertised between 7.06% and 13.49%, averaging 12.21%, and today's quote is an ordinary one for this vault. Against the average it quoted, the realised rate is 89.43% of it. We hold no quote for the rest of the window, so this says what the venue was advertising while we watched and not across the whole return.
Who controls it, and whether that has changed
Not read for this vault.
We have watched who controls this vault since 2026-10-01 and nothing we record has moved in that window. That is not the same as a vault that has never changed hands: anything before 2026-10-01 predates this platform holding control state at all, and we do not reconstruct it from history.
What we cannot see
- · The risk band rests on 76% of its components; the rest could not be measured for this vault.
- · Whether it still takes deposits is not something we could establish.
- · Who can move the money: we have not read this vault’s owner, curator or controller on chain, so nothing here says whether one key could empty it.