USDC
Lagoon · Curated by Tulipa · Mainnet
Frequently Asked Questions
What is the current APY for USDC?
The current spot APY for USDC on Lagoon (Mainnet) is 1.04%. The 30-day average APY is 5.99%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in USDC?
The total value locked (TVL) in USDC is $1.0M. TVL measures the total USDC assets currently deposited in this vault.
Does the 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 USDC?
USDC is curated by Tulipa. 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 Tulipa on the Tulipa curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Hub Capital USDC vault | Lagoon | Ethereum | 104.04% | $1.0M |
| High Yield USDC | Morpho | Mainnet | 103.36% | $1.8M |
| V2 - ID:20 | Silo | Sonic | 71.06% | $8.3K |
| Resolv USDC | Euler | Mainnet | 33.98% | $2.3K |
| Apostro | Euler | BNB | 28.33% | $1.0K |
| Euler Arbitrum Yield | Euler | Arbitrum | 21.93% | $1.4K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 16.59% | $4.1M |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 14.04% | $589.4K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 11.19% | $340.1K |
More Lagoon Strategies
USDC
Opens external site. Rates may differ due to refresh timing.
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Yield Overview
USDC is a USDC yield strategy on Lagoon, curated by Tulipa. It currently generates 1.04% APY (24h) with a 30-day average of 5.99%. The vault holds $1.0M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Tulipa · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #135 out of 160 strategies. Its 1.04% yield is 82.7% lower than the market average of 6.02%.
How USDC Compares
USDC currently ranks #135 among 160 monitored USDC strategies. However, with a TVL of $1.0M, it holds significantly less capital than higher-TVL alternatives like Gauntlet USDC Vault ($7.6M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 82.7% lower than the network average for USDC strategies. This strategy is curated by Tulipa, with 3 Tulipa strategies tracked on Earnbase across 2 networks. Within Lagoon, it competes against 14 other USDC strategies. By TVL, this product ranks #34 of 57 USDC strategies on Mainnet.
About Lagoon
Lagoon is a DeFi vault infrastructure protocol that enables curated yield strategies. Earnbase tracks 26 strategies on Lagoon.
USDC on Mainnet#49 of 57
Yield Sustainability
An extreme 82.6% 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 has been on a 7-day flat streak, with APY rising from 1.04% to 1.04% 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 75.1%. The strongest 7-day period was Mar 14–Mar 20 averaging 8.90%, while the weakest was Mar 28–Apr 03 at 2.09%. Current 24h APY of 1.04% is 82.8% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 2.09%.
Weekly Breakdown
Historical APY Statistics
Over the past 69 days, USDC's yield has shown a downward trend, with yields compressing from 7.76% to 5.99%, a 22.7% decline. The sustainability score of 10/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 73 days, USDC's total value locked has experienced a period of stability, with TVL remaining relatively steady around $1.0M.
History
FAQ
Yield & Performance
USDC on Lagoon offers a 24-hour APY of 1.04%, a 30-day average of 5.99% on USDC. Yields are variable and update daily based on protocol activity.
USDC ranks #135 out of 160 monitored USDC strategies. Its current yield of 1.04% is 82.7% below the market average of 6.02%.
Earnbase rates the yield sustainability of USDC at 10/100, classified as "Very Low Stability". An extreme 82.6% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 69 days, USDC has shown a downward yield trajectory. The average APY moved from 7.76% to 5.99%.
USDC has a yield volatility rating of "High" (standard deviation: 2.81pp over 69 days). The APY has ranged from 1.04% to 11.60% in the tracked period, with an average of 7.19%.
Liquidity & TVL
USDC currently has a total value locked (TVL) of $1.0M in USDC deposits.
USDC holds $1.0M in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.0M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, USDC ranks #34 of 57 USDC strategies on Mainnet. It currently holds $1.0M.
USDC's TVL is currently relatively stable. Over the past 73 days, TVL moved from $1.0M to $1.0M, a +1.2% change. The 30-day high was $1.0M and the 30-day low was $1.0M.
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 had 18 days of inflows and 9 days of outflows. The largest single-day inflow was +$910 (Mar 13, 2026) and the largest outflow was -$229 (Mar 31, 2026). Net 30-day TVL change: +0.4%.
Strategy & Access
USDC operates on the Mainnet network and is managed by Lagoon. It accepts USDC deposits. The strategy is curated by Tulipa.
To deposit into USDC, you need USDC tokens on the Mainnet network. Visit the Lagoon platform directly to connect your wallet and make a deposit.
USDC ranks among 57 monitored USDC strategies on Mainnet. Its yield of 1.04% is 82.7% below the Mainnet average of 6.02%.
USDC is deployed on Lagoon's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Lagoon is the DeFi protocol infrastructure that USDC 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 1.04% 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 Lagoon before depositing.
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