Frequently Asked Questions
What is the current APY for vbUSDC Katana?
The current spot APY for vbUSDC Katana on Spectra (Katana) is 3.33%. The 30-day average APY is 2.68%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in vbUSDC Katana?
The total value locked (TVL) in vbUSDC Katana is $489.6K. TVL measures the total USDC assets currently deposited in this vault.
Does the vbUSDC Katana 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 vbUSDC Katana?
vbUSDC Katana 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 |
|---|---|---|---|---|
| Tulipa | Euler | BNB | 55.80% | $46 |
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 22.43% | $328.1K |
| Syntropia Boosted | Lagoon | Ethereum | 16.32% | $351.1K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 14.64% | $7.7M |
| mHYPER Looping | IPOR Fusion | Ethereum | 13.63% | $147.1K |
| Syntropia USDC Core | Lagoon | Ethereum | 12.14% | $1.0M |
| Swaap Lend | Euler | Mainnet | 10.82% | $77.1K |
| USDC | Lagoon | Mainnet | 10.56% | $8.8M |
| Derivatives Pool | IPOR Fusion | Mainnet | 10.12% | $168.8K |
vbUSDC Katana
Opens external site. Rates may differ due to refresh timing.
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Yield Overview
vbUSDC Katana is a USDC yield strategy on Spectra, curated by Clearstar. It currently generates 3.33% APY (24h) with a 30-day average of 2.68%. The vault holds $489.6K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Clearstar · Katana
Market Benchmarking
Within the USDC ecosystem, this product ranks #100 out of 152 strategies. Its 3.33% yield is 27.7% lower than the market average of 4.60%.
How vbUSDC Katana Compares
vbUSDC Katana currently ranks #100 among 152 monitored USDC strategies. However, with a TVL of $489.6K, it holds significantly less capital than higher-TVL alternatives like SwissBorg USDC ($10.4M).
Ecosystem Context
Positioned within the Katana ecosystem, this product's yield is 40.0% lower than the network average for USDC strategies. This strategy is curated by Clearstar, with 7 Clearstar strategies tracked on Earnbase across 4 networks. Within Spectra, it competes against 1 other USDC strategy. By TVL, this product ranks #2 of 2 USDC strategies on Katana.
About Spectra
Spectra is a DeFi protocol offering yield strategies tracked by Earnbase. Earnbase tracks 2 strategies on Spectra.
USDC on Katana#2 of 2
Yield Sustainability
Yield is 24.1% above the monthly average.
Yield Trajectory
vbUSDC Katana recorded a 24h APY of 3.33% 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 30.5%. The strongest 7-day period was May 12–May 18 averaging 3.77%, while the weakest was Jun 02–Jun 08 at 1.93%. Current 24h APY of 3.33% is 23.5% above the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 1.93%.
Weekly Breakdown
Historical APY Statistics
Over the past 58 days, vbUSDC Katana's yield has shown a downward trend, with yields compressing from 2.57% to 2.38%, a 7.5% decline. The sustainability score of 71/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 64 days, vbUSDC Katana's total value locked has experienced a contraction, declining from $567.7K to $484.5K, a 14.7% reduction.
History
FAQ
Yield & Performance
vbUSDC Katana on Spectra offers a 24-hour APY of 3.33%, a 30-day average of 2.68% on USDC. Yields are variable and update daily based on protocol activity.
vbUSDC Katana ranks #100 out of 152 monitored USDC strategies. Its current yield of 3.33% is 27.7% below the market average of 4.60%.
Earnbase rates the yield sustainability of vbUSDC Katana at 71/100, classified as "Moderate". Yield is 24.1% above the monthly average.
Over the past 58 days, vbUSDC Katana has shown a downward yield trajectory. The average APY moved from 2.57% to 2.38%.
vbUSDC Katana has a yield volatility rating of "Moderate" (standard deviation: 1.17pp over 58 days). The APY has ranged from 0.96% to 5.91% in the tracked period, with an average of 2.94%.
Liquidity & TVL
vbUSDC Katana currently has a total value locked (TVL) of $489.6K in USDC deposits.
vbUSDC Katana holds $489.6K in USDC deposits. Across all 152 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $489.6K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, vbUSDC Katana ranks #2 of 2 USDC strategies on Katana. It currently holds $489.6K.
vbUSDC Katana's TVL is currently declining. Over the past 64 days, TVL moved from $567.7K to $484.5K, a -14.7% change. The 30-day high was $655.2K and the 30-day low was $482.4K.
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, vbUSDC Katana had 13 days of inflows and 16 days of outflows. The largest single-day inflow was +$5.7K (Jun 09, 2026) and the largest outflow was -$2.6K (May 20, 2026). Net 30-day TVL change: +0.6%.
Strategy & Access
vbUSDC Katana operates on the Katana network and is managed by Spectra. It accepts USDC deposits. The strategy is curated by Clearstar.
To deposit into vbUSDC Katana, you need USDC tokens on the Katana network. Visit the Spectra platform directly to connect your wallet and make a deposit.
vbUSDC Katana ranks among 2 monitored USDC strategies on Katana. Its yield of 3.33% is 40.0% below the Katana average of 5.54%.
vbUSDC Katana is deployed on Spectra's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Spectra is the DeFi protocol infrastructure that vbUSDC Katana operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Katana network.
For illustrative purposes only. Based on the current 3.33% 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 Spectra before depositing.
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