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Ethereum

Yearn USD Market Making

This pool facilitates trades between two USD stablecoins: hyUSD and eUSD. Your yield is generated from swap fees paid by traders when an exchange happens. This pool maximizes your yield by auto-compounding your CRV rewards.

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54%
Yield
30d APY
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Risk
APY
Last 90d
Editor's Take
Investment Rationale

This opportunity acts as a high-risk, savings account denominated in USD and works well for investors who want stablecoins pegged to USD.

Risk Perspective

Risks include Yearn's smart contract risk and the quality of the collateral backing both stablecoins. This pool earns swap fees between hyUSD and eUSD (and CRV rewards), but exposes users to the risk of principal loss if hyUSD or eUSD were to depeg significantly.

Pool Performance

Yield is dependent on trading volume on Curve and market demand for CRV tokens.

Yield54%
30d APY
.
TVL
$2M
-18.89%
last 30d
Yield
54%
APY 30d
Earnings
<$0.1M
Last 30d
Protocol
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
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Yield Source
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Your yield comes from earning protocol incentives and fees investors pay when trading between hyUSD and eUSD stablecoins on Ethereum. The yield can change depending on transaction volume and value.
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This pool has been receiving protocol incentives to encourage more user deposits
Investment Strategy
Asset icon 0
This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins, subject to market conditions
Risk Details
Pool Fundamentals
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