DeltaUSD
Lagoon · Curated by SMARDEX · Mainnet
Frequently Asked Questions
What is the current APY for DeltaUSD?
The current spot APY for DeltaUSD on Lagoon (Mainnet) is 9.84%. The 30-day average APY is 12.99%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in DeltaUSD?
The total value locked (TVL) in DeltaUSD is $1.1M. TVL measures the total USDT assets currently deposited in this vault.
Does the DeltaUSD 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 DeltaUSD?
DeltaUSD is curated by SMARDEX. 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 SMARDEX on the SMARDEX curator page on Earnbase.
Compare with Other USDT Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 9.25% | $138.5K |
| K3 Leveraged syrupUSDT Strategy | IPOR Fusion | Mainnet | 6.52% | $59.7K |
| DAMM Stablecoin Fund | Lagoon | Arbitrum | 5.19% | $1.7M |
| Lend | Flux Finance | Mainnet | 4.58% | $1.7M |
| Lending Optimizer | IPOR Fusion | Mainnet | 4.46% | $304.4K |
| Derivatives Pool | IPOR Fusion | Mainnet | 4.07% | $130.7K |
| USDT Lite | Morpho | Mainnet | 3.25% | $26.4K |
| USDT Prime V2 | Morpho | Ethereum | 2.97% | $502.7K |
| Smokehouse USDT | Morpho | Mainnet | 2.91% | $26.4M |
| V3 | Compound | Mainnet | 2.75% | $47.1M |
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DeltaUSD
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
DeltaUSD is a USDT yield strategy on Lagoon, curated by SMARDEX. It currently generates 9.84% APY (24h) with a 30-day average of 12.99%. The vault holds $1.1M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by SMARDEX · Mainnet
Market Benchmarking
Within the USDT ecosystem, this product ranks #1 out of 25 strategies. Its 9.84% yield is 222.9% higher than the market average of 3.05%.
How DeltaUSD Compares
DeltaUSD currently ranks #1 among 25 monitored USDT strategies. However, with a TVL of $1.1M, it holds significantly less capital than higher-TVL alternatives like Lend ($1.7M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 228.8% higher than the network average for USDT strategies. Currently the highest-yielding USDT opportunity on Mainnet among 22 tracked products. This strategy is curated by SMARDEX, with 1 SMARDEX strategies tracked on Earnbase. Within Lagoon, it competes against 1 other USDT strategy. By TVL, this product ranks #11 of 22 USDT strategies on Mainnet.
About Lagoon
Lagoon is a DeFi vault infrastructure protocol that enables curated yield strategies. Earnbase tracks 2 strategies on Lagoon.
USDT on Mainnet#1 of 22
Yield Sustainability
Yield is 24.3% below the monthly average.
Yield Trajectory
DeltaUSD recorded a 24h APY of 9.84% 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 18.4%. The strongest 7-day period was Apr 28–May 04 averaging 14.99%, while the weakest was May 12–May 18 at 11.14%. Current 24h APY of 9.84% is 26.1% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 11.14%.
Weekly Breakdown
Historical APY Statistics
Over the past 165 days, DeltaUSD's yield has shown a upward trend, with yields expanding from 12.85% to 13.68%, a 6.4% increase. The sustainability score of 71/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 165 days, DeltaUSD's total value locked has experienced a growth phase, growing from $422.8K to $852.1K, a 101.5% increase.
History
FAQ
Yield & Performance
DeltaUSD on Lagoon offers a 24-hour APY of 9.84%, a 30-day average of 12.99% on USDT. Yields are variable and update daily based on protocol activity.
DeltaUSD ranks #1 out of 25 monitored USDT strategies. Its current yield of 9.84% is 222.9% above the market average of 3.05%.
Earnbase rates the yield sustainability of DeltaUSD at 71/100, classified as "Moderate". Yield is 24.3% below the monthly average.
Over the past 165 days, DeltaUSD has shown an upward yield trajectory. The average APY moved from 12.85% to 13.68%.
DeltaUSD has a yield volatility rating of "High" (standard deviation: 2.63pp over 165 days). The APY has ranged from 7.23% to 17.33% in the tracked period, with an average of 13.05%.
Liquidity & TVL
DeltaUSD currently has a total value locked (TVL) of $1.1M in USDT deposits.
DeltaUSD holds $1.1M in USDT deposits. Across all 25 tracked USDT strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.1M places it within the broader spectrum of USDT opportunities tracked on Earnbase.
By total value locked, DeltaUSD ranks #11 of 22 USDT strategies on Mainnet. It currently holds $1.1M.
DeltaUSD's TVL is currently on an upward trajectory. Over the past 165 days, TVL moved from $422.8K to $852.1K, a +101.5% change. The 30-day high was $1.1M and the 30-day low was $362.5K.
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, DeltaUSD had 15 days of inflows and 9 days of outflows. The largest single-day inflow was +$122.8K (May 05, 2026) and the largest outflow was -$2.2K (May 12, 2026). Net 30-day TVL change: +25.9%.
Strategy & Access
DeltaUSD operates on the Mainnet network and is managed by Lagoon. It accepts USDT deposits. The strategy is curated by SMARDEX.
To deposit into DeltaUSD, you need USDT tokens on the Mainnet network. Visit the Lagoon platform directly to connect your wallet and make a deposit.
Yes, DeltaUSD offers the highest USDT yield on Mainnet at 9.84% APY.
DeltaUSD 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 DeltaUSD 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 9.84% on-chain APY for USDT. 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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