Earnbase derives APY from each vault's on-chain exchange rate. This measures the actual growth of deposited EURC over time, based on the vault's smart contract data. Unlike some aggregators, Earnbase does not include external reward incentives, points programs, or token emissions in the displayed APY. The rates shown reflect native vault performance only.

While EURC is a stablecoin pegged to a fiat currency, the protocols generating yield carry smart contract risk. Higher APYs may indicate newer protocols, lower liquidity, or more aggressive lending parameters. Each listing on Earnbase includes TVL and a yield sustainability score to help assess risk. Always verify directly with the protocol before depositing.

Earnbase currently tracks 15 EURC yield strategies across 2 networks from 11 platforms. The largest coverage is on Morpho (3), Lagoon (2), and Aave (2). New strategies are added as they meet inclusion criteria.

EURC APY varies significantly across platforms and networks. On Earnbase, tracked strategies range from under 1% to over 6%. Rates above 8-10% typically involve more complex strategies such as leveraged looping or private credit, which carry additional risk. The average APY across all tracked EURC strategies provides a useful benchmark, shown on each vault's detail page.

Yes. Earnbase tracks EURC strategies on Base (12 strategies) and Ethereum (3). Use the network filter tabs above the table to compare APY rates on a specific chain. Each network has different gas costs, bridge requirements, and liquidity depth.

No. Earnbase is a free yield data aggregator. There are no fees for using the tracker or accessing yield data. Earnbase does not hold or manage funds. Links to individual vaults direct you to the protocol's own interface where you can deposit or withdraw.

EURC is a euro-pegged stablecoin issued by Circle, the same company behind USDC. While USDC tracks the U.S. dollar, EURC tracks the euro. Yields on EURC are denominated in euros, which eliminates EUR/USD exchange rate exposure for euro-based investors.

Base has emerged as the primary network for EURC DeFi activity. Multiple protocols including Morpho, Euler, Moonwell, and Fluid support EURC on Base, creating a competitive yield environment. Ethereum Mainnet hosts some EURC vaults with larger TVL but fewer protocol options.

Not necessarily. EURC yields fluctuate based on euro borrowing demand, which comes from different sources than dollar borrowing. Because EURC supply in DeFi is thinner than USDC, individual large positions can move rates significantly in either direction. Some periods show EURC rates above comparable USDC rates.

For euro-based investors, yes. Earning yield in EURC means returns are denominated in euros. A European depositor earning USDC yield also carries EUR/USD exchange rate exposure, meaning dollar depreciation can reduce the purchasing power of their returns. EURC yields avoid this currency mismatch.