V3
Compound · Mainnet
Frequently Asked Questions
What is the current APY for V3?
The current spot APY for V3 on Compound (Mainnet) is 2.75%. The 30-day average APY is 3.18%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in V3?
The total value locked (TVL) in V3 is $47.1M. TVL measures the total USDT assets currently deposited in this vault.
Does the V3 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 V3 deployed on?
V3 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 | 9.84% | $1.1M |
| 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 |
More Compound Strategies
V3
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Yield Overview
V3 is a USDT yield strategy on Compound (Mainnet). It currently generates 2.75% APY (24h) with a 30-day average of 3.18%. The vault holds $47.1M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Compound · Mainnet
Market Benchmarking
Within the USDT ecosystem, this product ranks #11 out of 25 strategies. Its 2.75% yield is 9.9% lower than the market average of 3.05%.
How V3 Compares
V3 currently ranks #11 among 25 monitored USDT strategies. However, with a TVL of $47.1M, it holds significantly less capital than higher-TVL alternatives like V3 ($396.9M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 8.2% lower than the network average for USDT strategies. By TVL, this product ranks #5 of 22 USDT strategies on Mainnet.
About Compound
Compound is a DeFi protocol offering yield strategies tracked by Earnbase. Earnbase tracks 1 strategy on Compound.
USDT on Mainnet#9 of 22
Yield Sustainability
Current yield of 2.75% shows a 13.6% variance from the 30-day average, well within normal operating bands.
Yield Trajectory
V3 recorded a 24h APY of 2.75% 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 1.6%. The strongest 7-day period was Apr 21–Apr 27 averaging 3.15%, while the weakest was May 12–May 18 at 2.90%. Current 24h APY of 2.75% is 7.3% below the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 2.90%.
Weekly Breakdown
Historical APY Statistics
Over the past 165 days, V3's yield has shown a downward trend, with yields compressing from 3.20% to 2.75%, a 13.9% decline. The sustainability score of 84/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 165 days, V3's total value locked has experienced a growth phase, growing from $26.3M to $46.5M, a 76.6% increase.
History
FAQ
Yield & Performance
V3 on Compound offers a 24-hour APY of 2.75%, a 30-day average of 3.18% on USDT. Yields are variable and update daily based on protocol activity.
V3 ranks #11 out of 25 monitored USDT strategies. Its current yield of 2.75% is 9.9% below the market average of 3.05%.
Earnbase rates the yield sustainability of V3 at 84/100, classified as "Stable". Current yield of 2.75% shows a 13.6% variance from the 30-day average, well within normal operating bands.
Over the past 165 days, V3 has shown a downward yield trajectory. The average APY moved from 3.20% to 2.75%.
V3 has a yield volatility rating of "Low" (standard deviation: 0.45pp over 165 days). The APY has ranged from 2.01% to 4.55% in the tracked period, with an average of 2.74%.
Liquidity & TVL
V3 currently has a total value locked (TVL) of $47.1M in USDT deposits.
V3 holds $47.1M in USDT deposits. Across all 25 tracked USDT strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $47.1M places it within the broader spectrum of USDT opportunities tracked on Earnbase.
By total value locked, V3 ranks #5 of 22 USDT strategies on Mainnet. It currently holds $47.1M.
V3's TVL is currently on an upward trajectory. Over the past 165 days, TVL moved from $26.3M to $46.5M, a +76.6% change. The 30-day high was $93.9M and the 30-day low was $18.0M.
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, V3 had 15 days of inflows and 14 days of outflows. The largest single-day inflow was +$11.1M (May 17, 2026) and the largest outflow was -$7.9M (May 09, 2026). Net 30-day TVL change: +89.4%.
Strategy & Access
V3 operates on the Mainnet network and is managed by Compound. It accepts USDT deposits.
To deposit into V3, you need USDT tokens on the Mainnet network. Visit the Compound platform directly to connect your wallet and make a deposit.
V3 ranks among 22 monitored USDT strategies on Mainnet. Its yield of 2.75% is 8.2% below the Mainnet average of 2.99%.
V3 is deployed on Compound's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Compound is the DeFi protocol infrastructure that V3 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 2.75% 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 Compound before depositing.
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