USYCVault

Documentation for eth_defi.tokenised_fund.usyc.vault.USYCVault Python class.

class USYCVault

Bases: eth_defi.vault.base.VaultBase

Read-only adapter for Circle USYC on Ethereum.

The adapter derives USYC TVL from ERC-20 supply and the official, Chainlink-compatible NAV oracle. It intentionally does not expose public transaction support because subscriptions and redemptions are performed through the entitlement-gated Teller contract.

Create the USYC adapter.

Parameters
  • web3 – Ethereum Web3 connection.

  • spec – Chain and USYC token address.

  • token_cache – ERC-20 metadata cache.

  • features – Shared classification flags.

  • default_block_identifier – Accepted for factory compatibility.

  • require_denomination_token – Whether a failed USDC lookup is fatal.

Attributes summary

address

Return the checksummed USYC ERC-20 address.

chain_id

Return the Ethereum mainnet chain id.

denomination_token

Get the token which denominates the vault valuation

deposit_manager

Deposit manager assocaited with this vault

description

Return a strategy description based on Circle's product page.

flow_manager

Flow manager associated with this vault

info

Get info dictionary related to this vault deployment.

manager_name

Return the product administrator and platform name.

name

Return the USYC ERC-20 name.

oracle_decimals

Fetch the official oracle answer decimal scale.

price_oracle_contract

Return the official Chainlink-compatible USYC Oracle contract.

share_token

ERC-20 that presents vault shares.

short_description

Return a concise USYC product description.

symbol

Return the USYC ERC-20 symbol.

vault_address

Return the primary shared scanner identifier.

Methods summary

__init__(web3, spec[, token_cache, ...])

Create the USYC adapter.

convert_raw_share_price(raw_price)

Convert an oracle answer to USDC NAV per USYC.

fetch_available_liquidity([block_identifier])

Get the amount of denomination token available for immediate withdrawal.

fetch_denomination_token()

Fetch the USDC denomination token.

fetch_denomination_token_address()

Return USYC's Ethereum USDC subscription denomination.

fetch_deposit_closed_reason()

Explain why generic deposits are unavailable.

fetch_deposit_next_open()

Get when deposits will next be open.

fetch_info()

Export official USYC contract metadata.

fetch_nav([block_identifier])

Fetch total USYC NAV.

fetch_portfolio(universe[, block_identifier])

Return no directly observable fund portfolio.

fetch_redemption_closed_reason()

Explain why generic redemptions are unavailable.

fetch_redemption_next_open()

Get when withdrawals/redemptions will next be open.

fetch_scan_record_extra_data()

Return USYC NAV-source and permissioned-flow diagnostics.

fetch_share_price([block_identifier])

Fetch USYC NAV per token from the official oracle.

fetch_share_token()

Fetch USYC ERC-20 metadata.

fetch_share_token_address([block_identifier])

Return the USYC ERC-20 token address.

fetch_total_assets([block_identifier])

Fetch USYC TVL as supply times official NAV/share.

fetch_total_supply([block_identifier])

Fetch total outstanding USYC supply.

fetch_utilisation_percent([block_identifier])

Get the percentage of assets currently lent out.

get_deposit_fee(block_identifier)

Return the published standard subscription fee.

get_deposit_manager()

Raise because public USYC transactions are not supported.

get_deposit_manager_capability()

Return static public transaction-adapter support, if any.

get_estimated_lock_up()

What is the estimated lock-up period for this vault.

get_fee_data()

Return USYC's published fee metadata.

get_fee_mode()

Get how this vault accounts its fees.

get_flags()

Get various vault state flags from the smart contract.

get_flow_manager()

Raise because Teller flow accounting is not implemented.

get_historical_reader(stateful)

Create a USYC historical reader.

get_link([referral])

Return Circle's USYC product page.

get_management_fee(block_identifier)

Return unknown management fee because the product discloses a yield fee only.

get_notes()

Get a human readable message if we know somethign special is going on with this vault.

get_performance_fee(block_identifier)

Return Circle's disclosed yield fee.

get_protocol_name()

Return the name of the vault protocol.

get_risk()

Get risk profile of this vault.

get_spec()

get_withdraw_fee(block_identifier)

Return the published standard redemption fee.

has_block_range_event_support()

Return whether standard flow-event accounting is available.

has_custom_fees()

Does this vault have fees outside the shared fee model.

has_deposit_distribution_to_all_positions()

Return whether deposits enter visible on-chain positions.

__init__(web3, spec, token_cache=None, features=None, default_block_identifier=None, require_denomination_token=False)

Create the USYC adapter.

Parameters
  • web3 (web3.main.Web3) – Ethereum Web3 connection.

  • spec (eth_defi.vault.base.VaultSpec) – Chain and USYC token address.

  • token_cache (Optional[dict]) – ERC-20 metadata cache.

  • features (Optional[set[eth_defi.erc_4626.core.ERC4626Feature]]) – Shared classification flags.

  • default_block_identifier (Optional[Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]]) – Accepted for factory compatibility.

  • require_denomination_token (bool) – Whether a failed USDC lookup is fatal.

property chain_id: int

Return the Ethereum mainnet chain id.

property address: eth_typing.evm.HexAddress

Return the checksummed USYC ERC-20 address.

property vault_address: eth_typing.evm.HexAddress

Return the primary shared scanner identifier.

property price_oracle_contract: web3.contract.contract.Contract

Return the official Chainlink-compatible USYC Oracle contract.

property oracle_decimals: int

Fetch the official oracle answer decimal scale.

property name: str

Return the USYC ERC-20 name.

property symbol: str

Return the USYC ERC-20 symbol.

property description: str

Return a strategy description based on Circle’s product page.

property short_description: str

Return a concise USYC product description.

property manager_name: str

Return the product administrator and platform name.

fetch_share_token_address(block_identifier='latest')

Return the USYC ERC-20 token address.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Accepted for historical scanner compatibility.

Returns

USYC token address.

Return type

eth_typing.evm.HexAddress

fetch_share_token()

Fetch USYC ERC-20 metadata.

Returns

USYC token details.

Return type

eth_defi.token.TokenDetails

fetch_denomination_token_address()

Return USYC’s Ethereum USDC subscription denomination.

Return type

eth_typing.evm.HexAddress

fetch_denomination_token()

Fetch the USDC denomination token.

Returns

Ethereum USDC token details.

Return type

eth_defi.token.TokenDetails

convert_raw_share_price(raw_price)

Convert an oracle answer to USDC NAV per USYC.

Parameters

raw_price (int) – Raw Chainlink-compatible oracle answer.

Returns

USDC NAV per human-readable USYC token.

Return type

decimal.Decimal

fetch_share_price(block_identifier='latest')

Fetch USYC NAV per token from the official oracle.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Historical block number or block tag.

Returns

USDC NAV per USYC.

Return type

decimal.Decimal

fetch_total_supply(block_identifier='latest')

Fetch total outstanding USYC supply.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Historical block number or block tag.

Returns

Human-readable USYC supply.

Return type

decimal.Decimal

fetch_total_assets(block_identifier='latest')

Fetch USYC TVL as supply times official NAV/share.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Historical block number or block tag.

Returns

Total USDC NAV.

Return type

decimal.Decimal

fetch_nav(block_identifier='latest')

Fetch total USYC NAV.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Historical block number or block tag.

Returns

Total USDC NAV.

Return type

decimal.Decimal

fetch_info()

Export official USYC contract metadata.

Returns

Token, oracle, Teller and denomination details.

Return type

eth_defi.tokenised_fund.usyc.vault.USYCVaultInfo

fetch_scan_record_extra_data()

Return USYC NAV-source and permissioned-flow diagnostics.

Return type

dict[str, object]

fetch_portfolio(universe, block_identifier=None)

Return no directly observable fund portfolio.

Parameters
  • universe (eth_defi.vault.base.TradingUniverse) – Ignored because underlying holdings are off-chain.

  • block_identifier (Optional[Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]]) – Ignored because holdings are not on-chain.

Returns

Empty spot portfolio.

Return type

eth_defi.vault.base.VaultPortfolio

has_block_range_event_support()

Return whether standard flow-event accounting is available.

Return type

bool

has_deposit_distribution_to_all_positions()

Return whether deposits enter visible on-chain positions.

Return type

bool

get_flow_manager()

Raise because Teller flow accounting is not implemented.

Return type

eth_defi.vault.base.VaultFlowManager

get_deposit_manager()

Raise because public USYC transactions are not supported.

Return type

eth_defi.vault.deposit_redeem.VaultDepositManager

fetch_deposit_closed_reason()

Explain why generic deposits are unavailable.

Return type

str

fetch_redemption_closed_reason()

Explain why generic redemptions are unavailable.

Return type

str

get_historical_reader(stateful)

Create a USYC historical reader.

Parameters

stateful (bool) – Whether to retain shared scanner reader state.

Returns

Supply and oracle historical reader.

Return type

eth_defi.vault.base.VaultHistoricalReader

get_management_fee(block_identifier)

Return unknown management fee because the product discloses a yield fee only.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Accepted for shared fee API compatibility.

Returns

None.

Return type

Optional[float]

get_performance_fee(block_identifier)

Return Circle’s disclosed yield fee.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Accepted for shared fee API compatibility.

Returns

Ten percent of yield.

Return type

Optional[float]

get_deposit_fee(block_identifier)

Return the published standard subscription fee.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Accepted for shared fee API compatibility.

Returns

Standard fee before eligible volume waivers.

Return type

Optional[float]

get_withdraw_fee(block_identifier)

Return the published standard redemption fee.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Accepted for shared fee API compatibility.

Returns

Standard fee before eligible volume waivers.

Return type

Optional[float]

get_fee_data()

Return USYC’s published fee metadata.

Returns

Externalised Teller entry and redemption fees with a yield fee.

Return type

eth_defi.vault.fee.FeeData

get_link(referral=None)

Return Circle’s USYC product page.

Parameters

referral (Optional[str]) – Ignored because USYC has no referral URL parameter.

Returns

USYC product page.

Return type

str

property denomination_token: Optional[eth_defi.token.TokenDetails]

Get the token which denominates the vault valuation

  • Used in deposits and redemptions

  • Used in NAV calculation

  • Used in profit benchmarks

  • Usually USDC

Returns

Token wrapper instance.

Maybe None for broken vaults like https://arbiscan.io/address/0x9d0fbc852deccb7dcdd6cb224fa7561efda74411#code

Note

None results are not cached — the next access will retry the on-chain call. This avoids permanently caching a transient RPC failure.

property deposit_manager: eth_defi.vault.deposit_redeem.VaultDepositManager

Deposit manager assocaited with this vault

fetch_available_liquidity(block_identifier='latest')

Get the amount of denomination token available for immediate withdrawal.

Only applicable to lending protocol vaults (IPOR, Euler, Morpho, Gearbox, etc.). Non-lending protocols should leave this method unimplemented.

Note: maxRedeem(address(0)) does NOT work as a proxy for available liquidity because it requires a specific address that has already deposited shares. For address(0), balanceOf is always 0, so maxRedeem returns 0 regardless of actual liquidity.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Block to query. Defaults to “latest”.

Raises

NotImplementedError – For non-lending protocol vaults.

Returns

Amount in denomination token units (human-readable Decimal).

Return type

Optional[decimal.Decimal]

fetch_deposit_next_open()

Get when deposits will next be open.

  • For epoch-based vaults (Ostium, D2), return calculated window open time

  • For non-epoch vaults (Plutus, IPOR, Morpho), return None

  • Override in protocol-specific subclasses

Returns

Naive UTC datetime when deposits will next be available, or None if:

  • Deposits are currently open

  • Timing is unpredictable (manually controlled)

  • Protocol does not support timing information

Return type

Optional[datetime.datetime]

fetch_redemption_next_open()

Get when withdrawals/redemptions will next be open.

  • For epoch-based vaults (Ostium, D2), return calculated window open time

  • For non-epoch vaults (Plutus, IPOR, Morpho), return None

  • Override in protocol-specific subclasses

Returns

Naive UTC datetime when withdrawals will next be available, or None if:

  • Withdrawals are currently open

  • Timing is unpredictable (manually controlled)

  • Protocol does not support timing information

Return type

Optional[datetime.datetime]

fetch_utilisation_percent(block_identifier='latest')

Get the percentage of assets currently lent out.

Only applicable to lending protocol vaults (IPOR, Euler, Morpho, Gearbox, etc.). Non-lending protocols should leave this method unimplemented.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) – Block to query. Defaults to “latest”.

Raises

NotImplementedError – For non-lending protocol vaults.

Returns

Utilisation as float between 0.0 and 1.0 (0% to 100%).

Return type

Optional[float]

property flow_manager: eth_defi.vault.base.VaultFlowManager

Flow manager associated with this vault

get_deposit_manager_capability()

Return static public transaction-adapter support, if any.

This method deliberately does not attempt to construct a manager or query live pause, cap, epoch, balance, allow-list, or liquidity state. Adapters opt in only after their complete deposit and redemption lifecycles have focused coverage. None is therefore the safe default for unknown and protocol-specific vaults.

Returns

Adapter-specific capability object, or None when unsupported.

Return type

Optional[eth_defi.vault.deposit_redeem.VaultDepositManagerCapability]

get_estimated_lock_up()

What is the estimated lock-up period for this vault.

Returns

None if not know

Return type

Optional[datetime.timedelta]

get_fee_mode()

Get how this vault accounts its fees.

Return type

Optional[eth_defi.vault.fee.VaultFeeMode]

get_flags()

Get various vault state flags from the smart contract.

Returns

Flag set.

Do not modify in place.

Return type

set[eth_defi.vault.flag.VaultFlag]

get_notes()

Get a human readable message if we know somethign special is going on with this vault.

Return type

Optional[str]

get_protocol_name()

Return the name of the vault protocol.

Return type

str

get_risk()

Get risk profile of this vault.

Return type

Optional[eth_defi.vault.risk.VaultTechnicalRisk]

has_custom_fees()

Does this vault have fees outside the shared fee model.

Custom fees cause risk in vault comparison because the shared management/performance/deposit/withdraw fee fields cannot describe the full fee structure.

Do not return True merely because a vault implements custom accessors for ordinary management, performance, deposit, or withdraw fees. Return True only when some vault fee cannot be reflected in those standard fields as a fee-like value.

Returns

True if the vault has fees outside the shared fee model.

Return type

bool

property info: eth_defi.vault.base.VaultInfo

Get info dictionary related to this vault deployment.

  • Get cached data on the various vault parameters

Returns

Vault protocol specific information dictionary

property share_token: eth_defi.token.TokenDetails

ERC-20 that presents vault shares.

  • User gets shares on deposit and burns them on redemption