Vault 2
Yearn · Mainnet
Frequently Asked Questions
What is the current APY for Vault 2?
The current spot APY for Vault 2 on Yearn (Mainnet) is 2.90%. The 30-day average APY is 2.56%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Vault 2?
The total value locked (TVL) in Vault 2 is $4.7M. TVL measures the total USDT assets currently deposited in this vault.
Does the Vault 2 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 Vault 2 deployed on?
Vault 2 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 | 14.40% | $658.3K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 9.50% | $456.1K |
| K3 Leveraged syrupUSDT Strategy | IPOR Fusion | Mainnet | 6.17% | $579.4K |
| Lend | Flux Finance | Mainnet | 4.55% | $1.7M |
| Smokehouse USDT | Morpho | Mainnet | 4.17% | $39.4M |
| DAMM Stablecoin Fund | Lagoon | Arbitrum | 3.87% | $1.9M |
| Fluid Autocompounder | Harvest | Mainnet | 3.60% | $180.6K |
| USDT | Morpho | Mainnet | 3.52% | $139.3M |
| USDT Prime | Morpho | Mainnet | 3.52% | $14.9M |
| Vault 1 | Yearn | Mainnet | 3.38% | $7.6M |
More Yearn Strategies
Vault 2
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
Vault 2 is a USDT yield strategy on Yearn (Mainnet). It currently generates 2.90% APY (24h) with a 30-day average of 2.56%. The vault holds $4.7M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Yearn · Mainnet
Market Benchmarking
Within the USDT ecosystem, this product ranks #15 out of 26 strategies. Its 2.90% yield is 9.5% lower than the market average of 3.20%.
How Vault 2 Compares
Vault 2 currently ranks #15 among 26 monitored USDT strategies. However, with a TVL of $4.7M, it holds significantly less capital than higher-TVL alternatives like Lend ($125.6M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 8.5% lower than the network average for USDT strategies. Within Yearn, it competes against 2 other USDT strategies. By TVL, this product ranks #10 of 23 USDT strategies on Mainnet.
About Yearn
Yearn is a DeFi yield aggregator that automates capital allocation across lending protocols and liquidity pools. Earnbase tracks 8 strategies on Yearn.
USDT on Mainnet#12 of 23
Yield Sustainability
Current yield of 2.90% shows a 13.2% variance from the 30-day average, well within normal operating bands.
Yield Trajectory
Vault 2 has been on a 29-day flat streak, with APY rising from 2.90% to 2.90% 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 0.0%. Current 24h APY of 2.90% is 0.0% above the product's own 30-day average.
Weekly Breakdown
Historical APY Statistics
Over the past 117 days, Vault 2's yield has shown a downward trend, with yields compressing from 4.38% to 2.61%, a 40.4% decline. The sustainability score of 84/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 120 days, Vault 2's total value locked has experienced a growth phase, growing from $4.1M to $4.7M, a 15.8% increase.
History
FAQ
Yield & Performance
Vault 2 on Yearn offers a 24-hour APY of 2.90%, a 30-day average of 2.56% on USDT. Yields are variable and update daily based on protocol activity.
Vault 2 ranks #15 out of 26 monitored USDT strategies. Its current yield of 2.90% is 9.5% below the market average of 3.20%.
Earnbase rates the yield sustainability of Vault 2 at 84/100, classified as "Stable". Current yield of 2.90% shows a 13.2% variance from the 30-day average, well within normal operating bands.
Over the past 117 days, Vault 2 has shown a downward yield trajectory. The average APY moved from 4.38% to 2.61%.
Vault 2 has a yield volatility rating of "Moderate" (standard deviation: 1.81pp over 117 days). The APY has ranged from 0.38% to 8.60% in the tracked period, with an average of 3.67%.
Liquidity & TVL
Vault 2 currently has a total value locked (TVL) of $4.7M in USDT deposits.
Vault 2 holds $4.7M in USDT deposits. Across all 26 tracked USDT strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $4.7M places it within the broader spectrum of USDT opportunities tracked on Earnbase.
By total value locked, Vault 2 ranks #10 of 23 USDT strategies on Mainnet. It currently holds $4.7M.
Vault 2's TVL is currently on an upward trajectory. Over the past 120 days, TVL moved from $4.1M to $4.7M, a +15.8% change. The 30-day high was $4.9M and the 30-day low was $94.5K.
Yield and TVL have remained relatively stable 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, Vault 2 had 0 days of inflows and 0 days of outflows. The largest single-day inflow was +$0 (Mar 07, 2026) and the largest outflow was -$0 (Mar 07, 2026). Net 30-day TVL change: +0.0%.
Strategy & Access
Vault 2 operates on the Mainnet network and is managed by Yearn. It accepts USDT deposits.
To deposit into Vault 2, you need USDT tokens on the Mainnet network. Visit the Yearn platform directly to connect your wallet and make a deposit.
Vault 2 ranks among 23 monitored USDT strategies on Mainnet. Its yield of 2.90% is 8.5% below the Mainnet average of 3.17%.
Vault 2 is deployed on Yearn's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Yearn is the DeFi protocol infrastructure that Vault 2 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 2.90% 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 Yearn before depositing.
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