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 3.42%. The 30-day average APY is 3.31%. 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 $75.0K. 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 |
|---|---|---|---|---|
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 19.43% | $490.3K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 15.14% | $961.0K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 14.67% | $7.4M |
| mHYPER Looping | IPOR Fusion | Ethereum | 14.10% | $122.1K |
| 40 Acres Autocompounder | Harvest | Base | 13.07% | $1.9M |
| Syntropia Boosted | Lagoon | Ethereum | 12.96% | $353.3K |
| USDC | Lagoon | Mainnet | 12.79% | $9.0M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 12.69% | $42.4K |
| Swaap Lend | Euler | Mainnet | 10.82% | $77.1K |
More Euler Strategies
Euler Base
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Yield Overview
Euler Base is a USDC yield strategy on Euler (Base). It currently generates 3.42% APY (24h) with a 30-day average of 3.31%. The vault holds $75.0K 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 #94 out of 154 strategies. Its 3.42% yield is 21.4% lower than the market average of 4.35%.
How Euler Base Compares
Euler Base currently ranks #94 among 154 monitored USDC strategies. However, with a TVL of $75.0K, it holds significantly less capital than higher-TVL alternatives like USDC Prime ($32.5M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 23.8% lower than the network average for USDC strategies. Within Euler, it competes against 10 other USDC strategies. By TVL, this product ranks #37 of 44 USDC strategies on Base.
About Euler
Euler is a non-custodial lending protocol offering both permissionless lending markets and curated vault strategies. Earnbase tracks 11 strategies on Euler.
USDC on Base#34 of 44
Yield Sustainability
The 24h APY of 3.42% is nearly identical to the 30-day mean, with only a 3.2% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
Euler Base has been on a 2-day upward streak, with APY rising from 3.23% to 3.23% 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 20.0%. The strongest 7-day period was Jun 20–Jun 26 averaging 3.75%, while the weakest was Jun 13–Jun 19 at 2.79%. Current 24h APY of 3.42% is 7.9% above the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 2.99%.
Weekly Breakdown
Historical APY Statistics
Over the past 205 days, Euler Base's yield has shown a stable trend, with yields expanding from 3.45% to 3.49%, a 1.0% increase. The sustainability score of 96/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 205 days, Euler Base's total value locked has experienced a contraction, declining from $112.6K to $87.2K, a 22.6% reduction.
History
FAQ
Yield & Performance
Euler Base on Euler offers a 24-hour APY of 3.42%, a 30-day average of 3.31% on USDC. Yields are variable and update daily based on protocol activity.
Euler Base ranks #94 out of 154 monitored USDC strategies. Its current yield of 3.42% is 21.4% below the market average of 4.35%.
Earnbase rates the yield sustainability of Euler Base at 96/100, classified as "Very Stable". The 24h APY of 3.42% is nearly identical to the 30-day mean, with only a 3.2% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 205 days, Euler Base has shown a stable yield trajectory. The average APY moved from 3.45% to 3.49%.
Euler Base has a yield volatility rating of "Moderate" (standard deviation: 1.16pp over 205 days). The APY has ranged from 0.50% to 4.85% in the tracked period, with an average of 2.82%.
Liquidity & TVL
Euler Base currently has a total value locked (TVL) of $75.0K in USDC deposits.
Euler Base holds $75.0K in USDC deposits. Across all 154 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $75.0K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Euler Base ranks #37 of 44 USDC strategies on Base. It currently holds $75.0K.
Euler Base's TVL is currently declining. Over the past 205 days, TVL moved from $112.6K to $87.2K, a -22.6% change. The 30-day high was $475.0K and the 30-day low was $43.8K.
Both yield and TVL are declining, and depositors may be exiting in response to falling 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, Euler Base had 8 days of inflows and 21 days of outflows. The largest single-day inflow was +$55.1K (Jun 09, 2026) and the largest outflow was -$55.7K (Jun 10, 2026). Net 30-day TVL change: -12.4%.
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 44 monitored USDC strategies on Base. Its yield of 3.42% is 23.8% below the Base average of 4.49%.
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 3.42% 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.
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