V3
Aave · Mainnet
Frequently Asked Questions
What is the current APY for V3?
The current spot APY for V3 on Aave (Mainnet) is 2.53%. The 30-day average APY is 2.07%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in V3?
The total value locked (TVL) in V3 is $681.8M. TVL measures the total USDC assets currently deposited in this vault.
Does the V3 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 V3 deployed on?
V3 is deployed on Mainnet. 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 Mainnet directly.
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 Aave Strategies
V3
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Yield Overview
V3 is a USDC yield strategy on Aave (Mainnet). It currently generates 2.53% APY (24h) with a 30-day average of 2.07%. The vault holds $681.8M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Aave · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #113 out of 160 strategies. Its 2.53% yield is 58.0% lower than the market average of 6.02%.
How V3 Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 58.1% lower than the network average for USDC strategies. Within Aave, it competes against 4 other USDC strategies. By TVL, this product ranks #2 of 57 USDC strategies on Mainnet.
About Aave
Aave is one of the largest DeFi lending protocols by total value locked, offering variable and stable rate lending pools. Earnbase tracks 19 strategies on Aave.
USDC on Mainnet#35 of 57
Yield Sustainability
Yield is 21.8% above the monthly average.
Yield Trajectory
V3 has been on a 2-day downward streak, with APY falling from 2.72% to 2.69% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 9.3%. The strongest 7-day period was Mar 28–Apr 03 averaging 2.45%, while the weakest was Mar 07–Mar 13 at 1.85%. Current 24h APY of 2.53% is 16.6% above the product's own 30-day average.
Weekly yields have improved for 3 consecutive weeks, with the most recent 7-day average of 2.45% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 120 days, V3's yield has shown a downward trend, with yields compressing from 3.32% to 2.13%, a 35.8% decline. The sustainability score of 74/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 120 days, V3's total value locked has experienced a growth phase, growing from $952.7M to $1.03B, a 8.0% increase.
History
FAQ
Yield & Performance
V3 on Aave offers a 24-hour APY of 2.53%, a 30-day average of 2.07% on USDC. Yields are variable and update daily based on protocol activity.
V3 ranks #113 out of 160 monitored USDC strategies. Its current yield of 2.53% is 58.0% below the market average of 6.02%.
Earnbase rates the yield sustainability of V3 at 74/100, classified as "Moderate". Yield is 21.8% above the monthly average.
Over the past 120 days, V3 has shown a downward yield trajectory. The average APY moved from 3.32% to 2.13%.
V3 has a yield volatility rating of "Moderate" (standard deviation: 0.70pp over 120 days). The APY has ranged from 1.66% to 5.06% in the tracked period, with an average of 2.85%.
Liquidity & TVL
V3 currently has a total value locked (TVL) of $681.8M in USDC deposits.
V3 holds $681.8M in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $681.8M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, V3 ranks #2 of 57 USDC strategies on Mainnet. It currently holds $681.8M.
V3's TVL is currently on an upward trajectory. Over the past 120 days, TVL moved from $952.7M to $1.03B, a +8.0% change. The 30-day high was $1.40B and the 30-day low was $306.9M.
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, V3 had 11 days of inflows and 18 days of outflows. The largest single-day inflow was +$101.3M (Mar 26, 2026) and the largest outflow was -$191.5M (Mar 20, 2026). Net 30-day TVL change: -54.1%.
Strategy & Access
V3 operates on the Mainnet network and is managed by Aave. It accepts USDC deposits.
To deposit into V3, you need USDC tokens on the Mainnet network. Visit the Aave platform directly to connect your wallet and make a deposit.
V3 ranks among 57 monitored USDC strategies on Mainnet. Its yield of 2.53% is 58.1% below the Mainnet average of 6.02%.
V3 is deployed on Aave's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Aave is the DeFi protocol infrastructure that V3 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 2.53% 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 Aave before depositing.
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