Euler Base
Euler · Base
Frequently Asked Questions
What is the current APY for Euler Base?
The current spot APY for Euler Base on Euler (Base) is 3.52%. The 30-day average APY is 3.82%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Euler Base?
The total value locked (TVL) in Euler Base is $93.0K. TVL measures the total USDC assets currently deposited in this vault.
Does the Euler Base 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 Euler Base deployed on?
Euler Base is deployed on Base. 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 Base directly.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Syntropia Boosted | Lagoon | Ethereum | 16.05% | $345.2K |
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 15.62% | $312.8K |
| 722Capital USDC | Lagoon | Base | 15.52% | $1.2M |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 13.74% | $8.1M |
| mHYPER Looping | IPOR Fusion | Ethereum | 13.70% | $124.0K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 13.33% | $193.5K |
| 40 Acres Autocompounder | Harvest | Base | 12.24% | $2.0M |
| Earn - avUSDC | Avantis | Base | 11.98% | $45.3M |
| Gami Stake DAO USDC | Lagoon | Ethereum | 11.91% | $303.9K |
More Euler Strategies
Euler Base
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
Euler Base is a USDC yield strategy on Euler (Base). It currently generates 3.52% APY (24h) with a 30-day average of 3.82%. The vault holds $93.0K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Euler · Base
Market Benchmarking
Within the USDC ecosystem, this product ranks #90 out of 153 strategies. Its 3.52% yield is 22.0% lower than the market average of 4.51%.
How Euler Base Compares
Euler Base currently ranks #90 among 153 monitored USDC strategies. However, with a TVL of $93.0K, it holds significantly less capital than higher-TVL alternatives like High Yield USDC ($2.4M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 29.0% lower than the network average for USDC strategies. Within Euler, it competes against 11 other USDC strategies. By TVL, this product ranks #39 of 45 USDC strategies on Base.
About Euler
Euler is a non-custodial lending protocol offering both permissionless lending markets and curated vault strategies. Earnbase tracks 12 strategies on Euler.
USDC on Base#33 of 45
Yield Sustainability
The 24h APY of 3.52% is nearly identical to the 30-day mean, with only a 8.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
Euler Base recorded a 24h APY of 3.52% in the most recent data point. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 4.4%. The strongest 7-day period was May 12–May 18 averaging 4.02%, while the weakest was Apr 21–Apr 27 at 3.21%. Current 24h APY of 3.52% is 6.3% below the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 4.02% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 165 days, Euler Base's yield has shown a downward trend, with yields compressing from 3.80% to 2.58%, a 32.2% decline. The sustainability score of 90/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 165 days, Euler Base's total value locked has experienced a growth phase, growing from $102.6K to $200.6K, a 95.6% increase.
History
FAQ
Yield & Performance
Euler Base on Euler offers a 24-hour APY of 3.52%, a 30-day average of 3.82% on USDC. Yields are variable and update daily based on protocol activity.
Euler Base ranks #90 out of 153 monitored USDC strategies. Its current yield of 3.52% is 22.0% below the market average of 4.51%.
Earnbase rates the yield sustainability of Euler Base at 90/100, classified as "Very Stable". The 24h APY of 3.52% is nearly identical to the 30-day mean, with only a 8.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 165 days, Euler Base has shown a downward yield trajectory. The average APY moved from 3.80% to 2.58%.
Euler Base has a yield volatility rating of "Moderate" (standard deviation: 1.25pp over 165 days). The APY has ranged from 0.50% to 4.85% in the tracked period, with an average of 2.72%.
Liquidity & TVL
Euler Base currently has a total value locked (TVL) of $93.0K in USDC deposits.
Euler Base holds $93.0K in USDC deposits. Across all 153 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $93.0K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Euler Base ranks #39 of 45 USDC strategies on Base. It currently holds $93.0K.
Euler Base's TVL is currently on an upward trajectory. Over the past 165 days, TVL moved from $102.6K to $200.6K, a +95.6% change. The 30-day high was $475.0K and the 30-day low was $64.0K.
Despite rising yields, capital has been flowing out. This may indicate concerns about sustainability or broader market rotation. 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, Euler Base had 13 days of inflows and 16 days of outflows. The largest single-day inflow was +$29.5K (May 02, 2026) and the largest outflow was -$35.9K (May 03, 2026). Net 30-day TVL change: -33.4%.
Strategy & Access
Euler Base operates on the Base network and is managed by Euler. It accepts USDC deposits.
To deposit into Euler Base, you need USDC tokens on the Base network. Visit the Euler platform directly to connect your wallet and make a deposit.
Euler Base ranks among 45 monitored USDC strategies on Base. Its yield of 3.52% is 29.0% below the Base average of 4.95%.
Euler Base is deployed on Euler's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Euler is the DeFi protocol infrastructure that Euler Base operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Base network.
For illustrative purposes only. Based on the current 3.52% on-chain APY for USDC. 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 Euler before depositing.
Deposit Asset