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 11.57%. The 30-day average APY is 11.02%. 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 $902.1K. 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 | 8.75% | $862.7K |
| DAMM Stablecoin Fund | Lagoon | Arbitrum | 6.90% | $1.5M |
| Lend | Flux Finance | Mainnet | 4.44% | $1.9M |
| Lend | Fluid | Mainnet | 4.30% | $117.8M |
| Derivatives Pool | IPOR Fusion | Mainnet | 3.93% | $106.1K |
| K3 Leveraged syrupUSDT Strategy | IPOR Fusion | Mainnet | 3.36% | $15.7K |
| USDT Lite | Morpho | Mainnet | 3.25% | $26.4K |
| Smokehouse USDT | Morpho | Mainnet | 3.13% | $25.5M |
| Lending Optimizer | IPOR Fusion | Mainnet | 2.95% | $165.8K |
| V3 | Compound | Mainnet | 2.68% | $49.8M |
More Lagoon Strategies
DeltaUSD
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Yield Overview
DeltaUSD is a USDT yield strategy on Lagoon, curated by SMARDEX. It currently generates 11.57% APY (24h) with a 30-day average of 11.02%. The vault holds $902.1K 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 11.57% yield is 271.9% higher than the market average of 3.11%.
How DeltaUSD Compares
DeltaUSD currently ranks #1 among 25 monitored USDT strategies. However, with a TVL of $902.1K, it holds significantly less capital than higher-TVL alternatives like Lend ($117.8M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 286.7% 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
The 24h APY of 11.57% is nearly identical to the 30-day mean, with only a 5.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
DeltaUSD has been on a 4-day flat streak, with APY rising from 11.57% to 11.57% 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 1.1%. The strongest 7-day period was Jun 26–Jul 02 averaging 11.50%, while the weakest was Jun 12–Jun 18 at 8.50%. Current 24h APY of 11.57% is 11.4% above the product's own 30-day average.
Weekly yields have improved for 2 consecutive weeks, with the most recent 7-day average of 11.50% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 204 days, DeltaUSD's yield has shown a downward trend, with yields compressing from 12.29% to 11.59%, a 5.7% decline. The sustainability score of 94/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 204 days, DeltaUSD's total value locked has experienced a growth phase, growing from $450.7K to $948.8K, a 110.5% increase.
History
FAQ
Yield & Performance
DeltaUSD on Lagoon offers a 24-hour APY of 11.57%, a 30-day average of 11.02% 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 11.57% is 271.9% above the market average of 3.11%.
Earnbase rates the yield sustainability of DeltaUSD at 94/100, classified as "Very Stable". The 24h APY of 11.57% is nearly identical to the 30-day mean, with only a 5.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 204 days, DeltaUSD has shown a downward yield trajectory. The average APY moved from 12.29% to 11.59%.
DeltaUSD has a yield volatility rating of "High" (standard deviation: 2.72pp over 204 days). The APY has ranged from 6.84% to 17.33% in the tracked period, with an average of 12.53%.
Liquidity & TVL
DeltaUSD currently has a total value locked (TVL) of $902.1K in USDT deposits.
DeltaUSD holds $902.1K in USDT deposits. Across all 25 tracked USDT strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $902.1K 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 $902.1K.
DeltaUSD's TVL is currently on an upward trajectory. Over the past 204 days, TVL moved from $450.7K to $948.8K, a +110.5% change. The 30-day high was $1.1M and the 30-day low was $362.5K.
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, DeltaUSD had 16 days of inflows and 13 days of outflows. The largest single-day inflow was +$63.4K (Jun 26, 2026) and the largest outflow was -$120.5K (Jun 16, 2026). Net 30-day TVL change: -16.9%.
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 11.57% 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 11.57% 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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