Frequently Asked Questions
What is the current APY for vbUSDC Katana?
The current spot APY for vbUSDC Katana on Spectra (Katana) is 1.49%. The 30-day average APY is 3.67%. 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 $420.8K. 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 |
|---|---|---|---|---|
| Derivatives Pool | IPOR Fusion | Base | 38.23% | $10.0K |
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 17.96% | $558.8K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 15.92% | $962.3K |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 15.89% | $42.5K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 14.58% | $7.3M |
| Syntropia Boosted | Lagoon | Ethereum | 13.72% | $350.1K |
| 40 Acres Autocompounder | Harvest | Base | 12.99% | $1.9M |
| mHYPER Looping | IPOR Fusion | Ethereum | 12.66% | $127.8K |
| Swaap Lend | Euler | Mainnet | 10.82% | $77.1K |
vbUSDC Katana
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Yield Overview
vbUSDC Katana is a USDC yield strategy on Spectra, curated by Clearstar. It currently generates 1.49% APY (24h) with a 30-day average of 3.67%. The vault holds $420.8K 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 #124 out of 154 strategies. Its 1.49% yield is 67.4% lower than the market average of 4.58%.
How vbUSDC Katana Compares
vbUSDC Katana currently ranks #124 among 154 monitored USDC strategies. However, with a TVL of $420.8K, it holds significantly less capital than higher-TVL alternatives like V3 ($1.3M).
Ecosystem Context
Positioned within the Katana ecosystem, this product's yield is 12.2% higher than the network average for USDC strategies. Currently the highest-yielding USDC opportunity on Katana among 2 tracked products. 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#1 of 2
Yield Sustainability
An extreme 59.3% 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
vbUSDC Katana recorded a 24h APY of 1.49% 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 44.1%. The strongest 7-day period was Jul 03–Jul 09 averaging 4.42%, while the weakest was Jul 17–Jul 23 at 2.47%. Current 24h APY of 1.49% is 55.2% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 2.47%.
Weekly Breakdown
Historical APY Statistics
Over the past 82 days, vbUSDC Katana's yield has shown a upward trend, with yields expanding from 3.19% to 3.52%, a 10.3% increase. The sustainability score of 28/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 88 days, vbUSDC Katana's total value locked has experienced a contraction, declining from $548.3K to $472.8K, a 13.8% reduction.
History
FAQ
Yield & Performance
vbUSDC Katana on Spectra offers a 24-hour APY of 1.49%, a 30-day average of 3.67% on USDC. Yields are variable and update daily based on protocol activity.
vbUSDC Katana ranks #124 out of 154 monitored USDC strategies. Its current yield of 1.49% is 67.4% below the market average of 4.58%.
Earnbase rates the yield sustainability of vbUSDC Katana at 28/100, classified as "Very Low Stability". An extreme 59.3% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 82 days, vbUSDC Katana has shown an upward yield trajectory. The average APY moved from 3.19% to 3.52%.
vbUSDC Katana has a yield volatility rating of "Moderate" (standard deviation: 1.24pp over 82 days). The APY has ranged from 0.96% to 5.91% in the tracked period, with an average of 3.14%.
Liquidity & TVL
vbUSDC Katana currently has a total value locked (TVL) of $420.8K in USDC deposits.
vbUSDC Katana holds $420.8K in USDC deposits. Across all 154 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $420.8K 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 $420.8K.
vbUSDC Katana's TVL is currently declining. Over the past 88 days, TVL moved from $548.3K to $472.8K, a -13.8% change. The 30-day high was $655.2K and the 30-day low was $420.0K.
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, vbUSDC Katana had 13 days of inflows and 16 days of outflows. The largest single-day inflow was +$5.7K (Jun 30, 2026) and the largest outflow was -$69.0K (Jul 19, 2026). Net 30-day TVL change: -13.0%.
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.
Yes, vbUSDC Katana offers the highest USDC yield on Katana at 1.49% APY.
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 1.49% 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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