USDC (Yearn)

Where the yield comes from

The reported yield comes from automated vault strategy income. Composition varies by underlying LP fees, incentives, and compounding.

What can reduce the rate

Yield may fall as underlying rates, rewards, or strategy conditions change.

Risk detail

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 dimensions

• ProtocolModerate concern+
• GovernanceModerate concern+
• Oracle dependencyUnknown+
• AssetModerate concern+
• LiquidityHigher concern+
• Rate durabilityModerate concern+
• ExposureHigher concern+
• Custody and counterpartyUnknown+
• Terms and redemptionUnknown+
• InterconnectionModerate concern+
• Data qualityModerate concern+

Principal risks

• An emergency pause authority exists with broad scope.
• Strategy includes leverage or stacked structural complexity.
• Strategy appears leveraged, recursive, or structurally complex.

Exposure

Exposure type

Single asset

Assets

USDC

User deposits USDC. Funds enter Yearn on ethereum. Contracts are upgradeable or governance-controlled. USDC introduces Circle and banking partners custodian exposure. Exit via vault redemption.

Exit conditions

Exit terms are not fully reported.

Some product terms are currently incomplete.

Qualification notes

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

• Risk flag

  Strategy appears leveraged, recursive, or structurally complex.

Data sources

Source observed

Sep 17, 2026, 4:22 AM UTC

Yield.ly refresh

Sep 17, 2026, 4:25 AM UTC

Data generated

Sep 17, 2026, 4:37 AM UTC

• DefiLlama · total APY, base APY, reward APY, TVL
• CoinGecko · token icon

How data works · Source registry · Report a data issue

Report a data issue

Share opportunity