Lend
Fluid · Mainnet
Frequently Asked Questions
What is the current APY for Lend?
The current spot APY for Lend on Fluid (Mainnet) is 4.30%. The 30-day average APY is 4.80%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Lend?
The total value locked (TVL) in Lend is $117.8M. TVL measures the total USDT assets currently deposited in this vault.
Does the Lend 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 Lend deployed on?
Lend 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 USDT Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| DeltaUSD | Lagoon | Mainnet | 11.57% | $902.1K |
| 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 |
| 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 Fluid Strategies
Lend
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Yield Overview
Lend is a USDT yield strategy on Fluid (Mainnet). It currently generates 4.30% APY (24h) with a 30-day average of 4.80%. The vault holds $117.8M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Fluid · Mainnet
Market Benchmarking
Within the USDT ecosystem, this product ranks #5 out of 25 strategies. Its 4.30% yield is 38.2% higher than the market average of 3.11%. While not the highest available, this strategy outperforms the majority of tracked USDT opportunities.
How Lend Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 43.7% higher than the network average for USDT strategies. By TVL, this product ranks #2 of 22 USDT strategies on Mainnet.
About Fluid
Fluid is a lending and borrowing protocol designed for capital efficiency. Earnbase tracks 1 strategy on Fluid.
USDT on Mainnet#4 of 22
Yield Sustainability
Current yield of 4.30% shows a 10.4% variance from the 30-day average, well within normal operating bands.
Yield Trajectory
Lend has been on a 4-day downward streak, with APY falling from 7.42% to 4.26% 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 99.7%. The strongest 7-day period was Jun 26–Jul 02 averaging 7.16%, while the weakest was Jun 05–Jun 11 at 2.87%. Current 24h APY of 4.30% is 4.1% below the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 7.16% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 206 days, Lend's yield has shown a upward trend, with yields expanding from 2.98% to 4.04%, a 35.7% increase. The sustainability score of 88/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 206 days, Lend's total value locked has experienced a contraction, declining from $200.5M to $119.4M, a 40.4% reduction.
History
FAQ
Yield & Performance
Lend on Fluid offers a 24-hour APY of 4.30%, a 30-day average of 4.80% on USDT. Yields are variable and update daily based on protocol activity.
Lend ranks #5 out of 25 monitored USDT strategies. Its current yield of 4.30% is 38.2% above the market average of 3.11%.
Earnbase rates the yield sustainability of Lend at 88/100, classified as "Stable". Current yield of 4.30% shows a 10.4% variance from the 30-day average, well within normal operating bands.
Over the past 206 days, Lend has shown an upward yield trajectory. The average APY moved from 2.98% to 4.04%.
Lend has a yield volatility rating of "Moderate" (standard deviation: 1.72pp over 206 days). The APY has ranged from 1.39% to 14.89% in the tracked period, with an average of 3.27%.
Liquidity & TVL
Lend currently has a total value locked (TVL) of $117.8M in USDT deposits.
Lend holds $117.8M in USDT deposits. Across all 25 tracked USDT strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $117.8M places it within the broader spectrum of USDT opportunities tracked on Earnbase.
By total value locked, Lend ranks #2 of 22 USDT strategies on Mainnet. It currently holds $117.8M.
Lend's TVL is currently declining. Over the past 206 days, TVL moved from $200.5M to $119.4M, a -40.4% change. The 30-day high was $253.3M and the 30-day low was $102.1M.
Rising yields have attracted capital, with both APY and TVL trending upward over the past 30 days. 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, Lend had 11 days of inflows and 18 days of outflows. The largest single-day inflow was +$6.4M (Jun 16, 2026) and the largest outflow was -$6.8M (Jun 26, 2026). Net 30-day TVL change: +1.7%.
Strategy & Access
Lend operates on the Mainnet network and is managed by Fluid. It accepts USDT deposits.
To deposit into Lend, you need USDT tokens on the Mainnet network. Visit the Fluid platform directly to connect your wallet and make a deposit.
Lend ranks among 22 monitored USDT strategies on Mainnet. Its yield of 4.30% is 43.7% above the Mainnet average of 2.99%.
Lend is deployed on Fluid's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Fluid is the DeFi protocol infrastructure that Lend 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 4.30% 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 Fluid before depositing.
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