USDT (Zerobase Cedefi)

Current APY

Current APY

5.3000%

Base APY

3.3000%

Reward APY

2.0000%

38% of current APY comes from token incentives.

Reward assets: REWARD, REWARD

Liquidity

TVL

$8,100,531

7D change

+0.0%

30D change

+0.0%

TVL reflects observed liquidity, not safety.

Where the yield comes from

The reported yield primarily comes from borrower interest paid into this lending market. Separately reported token incentives account for 2.00 percentage points of the current APY.

What can reduce the rate

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

Observed risk

Moderate observed risk · Medium 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+
• GovernanceUnknown+
• Oracle dependencyUnknown+
• AssetModerate concern+
• LiquidityHigher concern+
• Rate durabilityModerate concern+
• ExposureModerate concern+
• Custody and counterpartyUnknown+
• Terms and redemptionUnknown+
• InterconnectionModerate concern+
• Data qualityModerate concern+

Principal risks

• Yield.ly did not verify an audit report covering this specific opportunity.
• Oracle design is unknown for an oracle-dependent product.

Exposure

Exposure type

Multi-asset position

Assets

USDT + USDT

User deposits USDT. User deposits USDT. Funds enter Zerobase Cedefi on optimism. USDT introduces Tether Limited custodian exposure. USDT introduces Tether Limited custodian exposure. Exit via withdrawal from lending market.

Exit conditions

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

Some product terms are currently unavailable.

Qualification notes

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

• Incentive-heavy yield

  A large share of this rate comes from token incentives, which can change quickly and may depend on the reward token market value.

• Risk flag

  Oracle design is unknown for an oracle-dependent product.

Data sources

Source observed

Aug 26, 2026, 6:02 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
• CoinGecko · token icon

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