BTC Lending (Euler V2)

Current APY

Current APY

0.0104%

Base APY

0.0104%

Fee APY

Not reported

Incentive APY

0.0000%

Liquidity

TVL

$548,282

7D change

-0.4%

30D change

-0.4%

TVL reflects observed liquidity, not safety.

Where the yield comes from

The reported yield primarily comes from borrower interest paid into this lending market.

What can reduce the rate

Yield may fall if borrowing demand decreases or token incentives are reduced.

Observed risk

Insufficient evidence · Insufficient evidence confidence

Yield.ly's risk assessment summarizes observable factors and data coverage. It is not an audit, credit rating, guarantee, or recommendation. Smart contracts, assets, protocols, custodians, and market conditions can fail in ways the model does not detect.

Risk methodology

Risk dimensions

• ProtocolHigher concern+
• GovernanceModerate concern+
• Oracle dependencyModerate concern+
• AssetModerate concern+
• LiquidityHigher concern+
• Rate durabilityModerate concern+
• ExposureModerate concern+
• Custody and counterpartyUnknown+
• Terms and redemptionUnknown+
• InterconnectionModerate concern+
• Data qualityModerate concern+

Principal risks

• Contract identity could not be verified.
• An emergency pause authority exists with broad scope.
• Oracle appears to rely on a single manipulable source.
• Pool liquidity appears thin relative to comparable products.
• Contract identity could not be verified from authoritative sources.

Exposure

Exposure type

Single asset

Assets

BTC

User deposits BTC. Funds enter Euler V2 on bitcoin. Euler V2 depends on Chainlink oracle. Contracts are upgradeable or governance-controlled. Exit via withdrawal from lending market.

Exit conditions

Flexible withdrawal is typical for lending markets unless a lockup is reported.

Qualification notes

Meets Yield.ly's current requirements for default discovery where qualified. Learn how qualification works

• Lower liquidity

  This pool has lower liquidity than Yield.ly default discovery threshold.

• Risk flag

  Contract identity could not be verified from authoritative sources.

• Risk flag

  Overall evidence coverage is below the minimum required for a tier.

• Insufficient evidence

  Observed-risk coverage is incomplete for this opportunity.

Data sources

Source observed

Aug 26, 2026, 6:10 AM UTC

Yield.ly refresh

Aug 26, 2026, 6:03 AM UTC

Snapshot generated

Aug 26, 2026, 6:17 AM UTC

• DefiLlama · total APY, base APY, reward APY, TVL

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