Rate routerlive
Ferry
Checks every Morpho USDC market on HyperEVM once an hour and moves funds to the best rate after gas and slippage. If the gain is too small, it does nothing.
Not deployed yet
1h cadence≤20% / move
Live on Elysium · settled on HyperEVM
Agentic USDC.Rebalanced every hour.
Deposit USDC on Elysium. Ferry, our rate agent, moves it across Morpho's Hyperliquid markets every hour. Choose Meadow to be paid first, or Ascent for higher yield with first loss.
The agents
Three agents, each with hard limits.
Each agent can only use approved venues, move a set amount, and act on a set schedule. These limits are written into the vault contract. If an agent tries to go past them, the transaction fails. Ferry is live today. Warden and Lyre are next.
Liquiditycoming soon
Warden
Runs one range position on the USDC/HYPE pool. No leverage, no borrowing. The position only grows as it earns fees.
1 position0× leverage
Fundingcoming soon
Lyre
Holds a perp position on Hyperliquid with an equal hedge, so it earns funding payments without betting on price.
delta ≈ 08h funding
Vaults
Two vaults, two levels of risk.
Meadow
Senior · asUSDCUSDC in a Morpho vault we manage. Meadow is paid first each week. You can withdraw anytime, up to the liquidity available.
PaidFirst
ExitAnytime
CapVault cap
Ascent
Junior · ajUSDCEarns on its own deposits plus a fee from Meadow. If the strategy loses money, Ascent takes the loss first. Withdrawals need 7 days' notice.
PaidAfter Meadow
Exit7-day notice
Cap$5,000
Paid to MeadowPaid to Ascent
Deposit to Ascent →
Why Elysium
Deposit on Elysium, settled on HyperEVM.
Elysium is the Hyperliquid L2, with 100 ms blocks and HYPE for gas. Deposit from your Elysium wallet and Relay moves the USDC to the vaults on HyperEVM in seconds, next to Morpho's markets. Withdrawals can go straight back to Elysium.
Deposit from01
ElysiumSettled on02
HyperEVMMarkets03
MorphoToken on Elysium04
$ASPH