Flagship cbBTC
Lagoon · Curated by Tulipa Capital · Mainnet
Frequently Asked Questions
What is the current APY for Flagship cbBTC?
The current spot APY for Flagship cbBTC on Lagoon (Mainnet) is 4.40%. The 30-day average APY is 5.99%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Flagship cbBTC?
The total value locked (TVL) in Flagship cbBTC is $14.3M. TVL measures the total CBBTC assets currently deposited in this vault.
Does the Flagship cbBTC yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Who curates Flagship cbBTC?
Flagship cbBTC is curated by Tulipa Capital. Curators set the risk parameters, asset allocations, and rebalancing strategy for the vault. They are responsible for selecting which lending markets or protocols receive deposits. You can view all strategies curated by Tulipa Capital on the Tulipa Capital curator page on Earnbase.
Compare with Other CBBTC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Frontier YO yoBTC | Euler | Base | 5.23% | $11.8K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 4.50% | $3.2K |
| LevMoonwell cbBTC | Yearn V3 | Base | 3.19% | $110.5K |
| Moon Digital AM BTC | Lagoon | Ethereum | 2.31% | $524.3K |
| cbBTC Lend Pool | Arcadia | Base | 1.82% | $196.4K |
| Arcadia cbBTC Autocompounder | Harvest | Base | 1.40% | $178.2K |
| cbBTC Autopilot | Harvest | Base | 1.25% | $156.5K |
| Core Vault | YO | Base | 1.09% | $7.1M |
| Moonwell cbBTC Autocompounder | Harvest | Base | 0.38% | $108.4K |
| cbBTC Market | ExtraFi | Base | 0.35% | $503.4K |
More Lagoon Strategies
Flagship cbBTC
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Yield Overview
Flagship cbBTC is a cbBTC yield strategy on Lagoon, curated by Tulipa Capital. It currently generates 4.40% APY (24h) with a 30-day average of 5.99%. The vault holds $14.3M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Tulipa Capital · Mainnet
Market Benchmarking
Within the cbBTC ecosystem, this product ranks #3 out of 24 strategies. Its 4.40% yield is 293.7% higher than the market average of 1.12%. While not the highest available, this strategy outperforms the majority of tracked cbBTC opportunities.
How Flagship cbBTC Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 240.3% higher than the network average for cbBTC strategies. This strategy is curated by Tulipa Capital, with 3 Tulipa Capital strategies tracked on Earnbase across 2 networks. Within Lagoon, it competes against 1 other cbBTC strategy. By TVL, this product ranks #2 of 7 cbBTC strategies on Mainnet.
About Lagoon
Lagoon is a DeFi vault infrastructure protocol that enables curated yield strategies. Earnbase tracks 26 strategies on Lagoon.
CBBTC on Mainnet#2 of 7
Yield Sustainability
Yield is 26.6% below the monthly average.
Yield Trajectory
Flagship cbBTC has been on a 18-day flat streak, with APY rising from 4.40% to 4.40% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 0.0%. The strongest 7-day period was Mar 07–Mar 13 averaging 5.44%, while the weakest was Mar 21–Mar 27 at 4.40%. Current 24h APY of 4.40% is 7.6% below the product's own 30-day average.
Weekly Breakdown
Historical APY Statistics
Over the past 103 days, Flagship cbBTC's yield has shown a downward trend, with yields compressing from 11.40% to 5.46%, a 52.1% decline. The sustainability score of 68/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 120 days, Flagship cbBTC's total value locked has experienced a growth phase, growing from $13.0M to $13.8M, a 6.0% increase.
History
FAQ
Yield & Performance
Flagship cbBTC on Lagoon offers a 24-hour APY of 4.40%, a 30-day average of 5.99% on cbBTC. Yields are variable and update daily based on protocol activity.
Flagship cbBTC ranks #3 out of 24 monitored cbBTC strategies. Its current yield of 4.40% is 293.7% above the market average of 1.12%.
Earnbase rates the yield sustainability of Flagship cbBTC at 68/100, classified as "Moderate". Yield is 26.6% below the monthly average.
Over the past 103 days, Flagship cbBTC has shown a downward yield trajectory. The average APY moved from 11.40% to 5.46%.
Flagship cbBTC has a yield volatility rating of "High" (standard deviation: 4.81pp over 103 days). The APY has ranged from 0.75% to 17.34% in the tracked period, with an average of 8.11%.
Liquidity & TVL
Flagship cbBTC currently has a total value locked (TVL) of $14.3M in cbBTC deposits.
Flagship cbBTC holds $14.3M in cbBTC deposits. Across all 24 tracked cbBTC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $14.3M places it within the broader spectrum of cbBTC opportunities tracked on Earnbase.
By total value locked, Flagship cbBTC ranks #2 of 7 cbBTC strategies on Mainnet. It currently holds $14.3M.
Flagship cbBTC's TVL is currently on an upward trajectory. Over the past 120 days, TVL moved from $13.0M to $13.8M, a +6.0% change. The 30-day high was $16.7M and the 30-day low was $11.5M.
Yields are declining as more capital enters the vault, a common dynamic where increased deposits dilute per-depositor returns. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, Flagship cbBTC had 10 days of inflows and 8 days of outflows. The largest single-day inflow was +$1.2M (Mar 11, 2026) and the largest outflow was -$626.9K (Mar 24, 2026). Net 30-day TVL change: +4.1%.
Strategy & Access
Flagship cbBTC operates on the Mainnet network and is managed by Lagoon. It accepts cbBTC deposits. The strategy is curated by Tulipa Capital.
To deposit into Flagship cbBTC, you need cbBTC tokens on the Mainnet network. Visit the Lagoon platform directly to connect your wallet and make a deposit.
Flagship cbBTC ranks among 7 monitored cbBTC strategies on Mainnet. Its yield of 4.40% is 240.3% above the Mainnet average of 1.29%.
Flagship cbBTC is deployed on Lagoon's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Lagoon is the DeFi protocol infrastructure that Flagship cbBTC operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 4.40% on-chain APY for CBBTC. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Lagoon before depositing.
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