High Yield USDC
Morpho · Curated by Clearstar · Arbitrum
Frequently Asked Questions
What is the current APY for High Yield USDC?
The current spot APY for High Yield USDC on Morpho (Arbitrum) is 1.05%. The 30-day average APY is 5.63%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in High Yield USDC?
The total value locked (TVL) in High Yield USDC is $247.1K. TVL measures the total USDC assets currently deposited in this vault.
Does the High Yield USDC 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 High Yield USDC?
High Yield USDC is curated by Clearstar. 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 Clearstar on the Clearstar curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| High Yield USDC | Morpho | Mainnet | 108.58% | $1.8M |
| Hub Capital USDC vault | Lagoon | Ethereum | 104.04% | $1.0M |
| V2 - ID:20 | Silo | Sonic | 72.48% | $8.5K |
| Resolv USDC | Euler | Mainnet | 33.98% | $2.3K |
| Apostro | Euler | BNB | 28.33% | $1.0K |
| Euler Arbitrum Yield | Euler | Arbitrum | 21.93% | $1.4K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 14.73% | $4.1M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 14.07% | $589.4K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 11.19% | $340.1K |
More Morpho Strategies
High Yield USDC
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Yield Overview
High Yield USDC is a USDC yield strategy on Morpho, curated by Clearstar. It currently generates 1.05% APY (24h) with a 30-day average of 5.63%. The vault holds $247.1K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Clearstar · Arbitrum
Market Benchmarking
Within the USDC ecosystem, this product ranks #134 out of 160 strategies. Its 1.05% yield is 82.4% lower than the market average of 5.99%.
How High Yield USDC Compares
High Yield USDC currently ranks #134 among 160 monitored USDC strategies. However, with a TVL of $247.1K, it holds significantly less capital than higher-TVL alternatives like Gauntlet USDC Vault ($7.6M).
Ecosystem Context
Positioned within the Arbitrum ecosystem, this product's yield is 74.4% lower than the network average for USDC strategies. This strategy is curated by Clearstar, with 9 Clearstar strategies tracked on Earnbase across 4 networks. Within Morpho, it competes against 63 other USDC strategies. By TVL, this product ranks #13 of 20 USDC strategies on Arbitrum.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 105 strategies on Morpho.
USDC on Arbitrum#18 of 20
Yield Sustainability
An extreme 81.3% 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
High Yield USDC recorded a 24h APY of 1.05% 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 declined by 28.3%. The strongest 7-day period was Mar 21–Mar 27 averaging 8.88%, while the weakest was Mar 14–Mar 20 at 3.02%. Current 24h APY of 1.05% is 80.2% below the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 6.36%.
Weekly Breakdown
Historical APY Statistics
Over the past 121 days, High Yield USDC's yield has shown a downward trend, with yields compressing from 6.11% to 4.94%, a 19.2% decline. The sustainability score of 10/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 121 days, High Yield USDC's total value locked has experienced a growth phase, growing from $284.5K to $1.7M, a 504.3% increase.
History
FAQ
Yield & Performance
High Yield USDC on Morpho offers a 24-hour APY of 1.05%, a 30-day average of 5.63% on USDC. Yields are variable and update daily based on protocol activity.
High Yield USDC ranks #134 out of 160 monitored USDC strategies. Its current yield of 1.05% is 82.4% below the market average of 5.99%.
Earnbase rates the yield sustainability of High Yield USDC at 10/100, classified as "Very Low Stability". An extreme 81.3% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 121 days, High Yield USDC has shown a downward yield trajectory. The average APY moved from 6.11% to 4.94%.
High Yield USDC has a yield volatility rating of "High" (standard deviation: 2.06pp over 121 days). The APY has ranged from 2.41% to 15.40% in the tracked period, with an average of 5.81%.
Liquidity & TVL
High Yield USDC currently has a total value locked (TVL) of $247.1K in USDC deposits.
High Yield USDC holds $247.1K in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $247.1K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, High Yield USDC ranks #13 of 20 USDC strategies on Arbitrum. It currently holds $247.1K.
High Yield USDC's TVL is currently on an upward trajectory. Over the past 121 days, TVL moved from $284.5K to $1.7M, a +504.3% change. The 30-day high was $4.0M and the 30-day low was $112.8K.
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, High Yield USDC had 11 days of inflows and 18 days of outflows. The largest single-day inflow was +$87.8K (Mar 31, 2026) and the largest outflow was -$581.6K (Mar 10, 2026). Net 30-day TVL change: -90.5%.
Strategy & Access
High Yield USDC operates on the Arbitrum network and is managed by Morpho. It accepts USDC deposits. The strategy is curated by Clearstar.
To deposit into High Yield USDC, you need USDC tokens on the Arbitrum network. Visit the Morpho platform directly to connect your wallet and make a deposit.
High Yield USDC ranks among 20 monitored USDC strategies on Arbitrum. Its yield of 1.05% is 74.4% below the Arbitrum average of 4.11%.
High Yield USDC 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 High Yield USDC operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Arbitrum network.
For illustrative purposes only. Based on the current 1.05% 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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