USDC Market
Aave · Mainnet
Frequently Asked Questions
What is the current APY for USDC Market?
The current spot APY for USDC Market on Aave (Mainnet) is 0.00%. The 30-day average APY is 0.00%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in USDC Market?
The total value locked (TVL) in USDC Market is $1268.6M. TVL measures the total CBBTC assets currently deposited in this vault.
Does the USDC Market 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.
Which network is USDC Market deployed on?
USDC Market is deployed on Mainnet. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Mainnet directly.
Compare with Other CBBTC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| cbBTC Lend Pool | Arcadia | Base | 10.36% | $74.1K |
| Arcadia cbBTC Autocompounder | Harvest | Base | 8.25% | $60.9K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 4.00% | $23.6K |
| LevMoonwell cbBTC | Yearn V3 | Base | 3.19% | $110.5K |
| Flagship cbBTC | Lagoon | Mainnet | 2.81% | $13.7M |
| cbBTC Autopilot | Harvest | Base | 2.00% | $145.9K |
| cbBTC Market | Radiant V2 | Base | 0.73% | $23.0K |
| Moonwell cbBTC Autocompounder | Harvest | Base | 0.38% | $108.4K |
| cbBTC | Morpho | Mainnet | 0.34% | $83.4K |
| cbBTC Market | Moonwell | Base | 0.18% | $8.3M |
More Aave Strategies
USDC Market
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
USDC Market is a cbBTC yield strategy on Aave (Mainnet). It currently generates 0.00% APY (24h) with a 30-day average of 0.00%. The vault holds $1.27B in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Aave · Mainnet
Market Benchmarking
Within the cbBTC ecosystem, this product ranks #19 out of 23 strategies. Its 0.00% yield is 99.9% lower than the market average of 1.42%.
How USDC Market Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 99.9% lower than the network average for cbBTC strategies. Within Aave, it competes against 1 other cbBTC strategy. By TVL, this product ranks #1 of 6 cbBTC strategies on Mainnet.
About Aave
Aave is one of the largest DeFi lending protocols by total value locked, offering variable and stable rate lending pools. Earnbase tracks 2 strategies on Aave.
CBBTC on Mainnet#5 of 6
Yield Sustainability
An extreme 57.3% deviation from the historical average suggests the current yield level is unlikely to persist. This pattern is often driven by temporary incentive programs, one-off events, or rapid capital reallocation.
Yield Trajectory
USDC Market has been on a 17-day flat streak, with APY rising from 0.00% to 0.00% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have declined by 19.5%. The strongest 7-day period was Apr 21–Apr 27 averaging 0.01%, while the weakest was May 12–May 18 at 0.00%. Current 24h APY of 0.00% is 59.2% below the product's own 30-day average.
Weekly yields have declined for 3 consecutive weeks. The most recent 7-day average stands at 0.00%.
Weekly Breakdown
Historical APY Statistics
Over the past 166 days, USDC Market's yield has shown a upward trend, with yields expanding from 0.00% to 0.00%, a 41.4% increase. The sustainability score of 28/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 166 days, USDC Market's total value locked has experienced a contraction, declining from $1.90B to $1.36B, a 28.4% reduction.
History
FAQ
Yield & Performance
USDC Market on Aave offers a 24-hour APY of 0.00%, a 30-day average of 0.00% on cbBTC. Yields are variable and update daily based on protocol activity.
USDC Market ranks #19 out of 23 monitored cbBTC strategies. Its current yield of 0.00% is 99.9% below the market average of 1.42%.
Earnbase rates the yield sustainability of USDC Market at 28/100, classified as "Very Low Stability". An extreme 57.3% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 166 days, USDC Market has shown an upward yield trajectory. The average APY moved from 0.00% to 0.00%.
USDC Market has a yield volatility rating of "Low" (standard deviation: 0.00pp over 166 days). The APY has ranged from 0.00% to 0.01% in the tracked period, with an average of 0.00%.
Liquidity & TVL
USDC Market currently has a total value locked (TVL) of $1.27B in cbBTC deposits.
USDC Market holds $1.27B in cbBTC deposits. Across all 23 tracked cbBTC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.27B places it within the broader spectrum of cbBTC opportunities tracked on Earnbase.
By total value locked, USDC Market ranks #1 of 6 cbBTC strategies on Mainnet. It currently holds $1.27B.
USDC Market's TVL is currently declining. Over the past 166 days, TVL moved from $1.90B to $1.36B, a -28.4% change. The 30-day high was $2.12B and the 30-day low was $924.2M.
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, USDC Market had 14 days of inflows and 15 days of outflows. The largest single-day inflow was +$304.8M (May 09, 2026) and the largest outflow was -$43.9M (Apr 22, 2026). Net 30-day TVL change: +29.3%.
Strategy & Access
USDC Market operates on the Mainnet network and is managed by Aave. It accepts cbBTC deposits.
To deposit into USDC Market, you need cbBTC tokens on the Mainnet network. Visit the Aave platform directly to connect your wallet and make a deposit.
USDC Market ranks among 6 monitored cbBTC strategies on Mainnet. Its yield of 0.00% is 99.9% below the Mainnet average of 1.20%.
USDC Market is deployed on Aave's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Aave is the DeFi protocol infrastructure that USDC Market 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 0.00% 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 Aave before depositing.
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