Frequently Asked Questions
What is the current APY for USDC Frontier?
The current spot APY for USDC Frontier on Morpho (Mainnet) is 1.95%. The 30-day average APY is 3.64%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in USDC Frontier?
The total value locked (TVL) in USDC Frontier is $3.4M. TVL measures the total USDC assets currently deposited in this vault.
Does the USDC Frontier 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 USDC Frontier?
USDC Frontier is curated by Gauntlet. 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 Gauntlet on the Gauntlet curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Coinshift Conservative USPC | Lagoon | Ethereum | 23.83% | $192.8K |
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 18.81% | $310.9K |
| USDC Yield | Morpho | Arbitrum | 18.76% | $104.3K |
| 9Summits Flagship USDC | Lagoon | Ethereum | 16.68% | $4.1M |
| Syntropia Boosted | Lagoon | Ethereum | 16.05% | $345.2K |
| Arcadia V2 Pool | Arcadia | Base | 15.15% | $324.3K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | Morpho | Mainnet | 14.09% | $38.1K |
| Arcadia Autocompounder | Harvest | Base | 12.40% | $131.7K |
| USDC Vault | 40 Acres | Base | 12.09% | $8.3M |
More Morpho Strategies
USDC Frontier
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Yield Overview
USDC Frontier is a USDC yield strategy on Morpho, curated by Gauntlet. It currently generates 1.95% APY (24h) with a 30-day average of 3.64%. The vault holds $3.4M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Gauntlet · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #123 out of 153 strategies. Its 1.95% yield is 60.2% lower than the market average of 4.91%.
How USDC Frontier Compares
USDC Frontier currently ranks #123 among 153 monitored USDC strategies. However, with a TVL of $3.4M, it holds significantly less capital than higher-TVL alternatives like Core Pool ($32.4M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 56.4% lower than the network average for USDC strategies. This strategy is curated by Gauntlet, with 14 Gauntlet strategies tracked on Earnbase across 5 networks. Within Morpho, it competes against 60 other USDC strategies. By TVL, this product ranks #21 of 52 USDC strategies on Mainnet.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 61 strategies on Morpho.
USDC on Mainnet#43 of 52
Yield Sustainability
Yield has deviated meaningfully from its 30-day baseline, with a 46.3% gap between the current rate and the historical mean.
Yield Trajectory
USDC Frontier has been on a 2-day downward streak, with APY falling from 2.06% to 1.89% 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 14.6%. The strongest 7-day period was Apr 19–Apr 25 averaging 3.22%, while the weakest was May 03–May 09 at 2.06%. Current 24h APY of 1.95% is 26.0% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 2.06%.
Weekly Breakdown
Historical APY Statistics
Over the past 156 days, USDC Frontier's yield has shown a downward trend, with yields compressing from 5.71% to 5.00%, a 12.4% decline. The sustainability score of 44/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 156 days, USDC Frontier's total value locked has experienced a contraction, declining from $110.8M to $14.2M, a 87.2% reduction.
History
FAQ
Yield & Performance
USDC Frontier on Morpho offers a 24-hour APY of 1.95%, a 30-day average of 3.64% on USDC. Yields are variable and update daily based on protocol activity.
USDC Frontier ranks #123 out of 153 monitored USDC strategies. Its current yield of 1.95% is 60.2% below the market average of 4.91%.
Earnbase rates the yield sustainability of USDC Frontier at 44/100, classified as "Low Stability". Yield has deviated meaningfully from its 30-day baseline, with a 46.3% gap between the current rate and the historical mean.
Over the past 156 days, USDC Frontier has shown a downward yield trajectory. The average APY moved from 5.71% to 5.00%.
USDC Frontier has a yield volatility rating of "High" (standard deviation: 2.91pp over 156 days). The APY has ranged from 1.89% to 22.42% in the tracked period, with an average of 4.94%.
Liquidity & TVL
USDC Frontier currently has a total value locked (TVL) of $3.4M in USDC deposits.
USDC Frontier holds $3.4M in USDC deposits. Across all 153 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $3.4M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, USDC Frontier ranks #21 of 52 USDC strategies on Mainnet. It currently holds $3.4M.
USDC Frontier's TVL is currently declining. Over the past 156 days, TVL moved from $110.8M to $14.2M, a -87.2% change. The 30-day high was $198.2M and the 30-day low was $3.4M.
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, USDC Frontier had 0 days of inflows and 18 days of outflows. The largest single-day inflow was +$0 (Apr 12, 2026) and the largest outflow was -$4.5M (Apr 24, 2026). Net 30-day TVL change: -63.1%.
Strategy & Access
USDC Frontier operates on the Mainnet network and is managed by Morpho. It accepts USDC deposits. The strategy is curated by Gauntlet.
To deposit into USDC Frontier, you need USDC tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.
USDC Frontier ranks among 52 monitored USDC strategies on Mainnet. Its yield of 1.95% is 56.4% below the Mainnet average of 4.48%.
USDC Frontier is deployed on Morpho's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Morpho is the DeFi protocol infrastructure that USDC Frontier 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 1.95% 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 Morpho before depositing.
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