Ethereum blockchain icon
Ethereum

Gearbox USD Lending

USDC

This pool allows you to lend your USDC to borrowers via an overcollateralized loan. Your yield comes from earning interest paid by borrowers. Borrowers use the capital from this pool for leverage or margin trading on DEXs.

23.9%
Yield
30d APY
C
Risk
APY
Last 90d
Editor's Take
Investment Rationale

This opportunity acts as a savings account denominated in USD.

Risk Perspective

Risks include potential bad debt due to untimely liquidations of collateral assets. The protocol has a Reserve Fund to cover a portion of losses in such cases.

Pool Performance

Your yield primarily comes from the interest rates paid by borrowers who leverage the assets you've supplied for trading or farming. The more your asset is borrowed, the higher the interest that accrues back to you. The yield can change depending on transaction volume and value.

Yield23.9%
30d APY
Base
23.1%
Reward
0.8%
.
TVL
$38.6M
0
last 30d
Yield
23.9%
APY 30d
Earnings
$0.4M
Last 30d
Protocol
Gearbox
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
C
Yield Source
Geometric spirals as the background of the yield source card header
Percentage icon symbol
Your yield consists of interest earned for lending USDC on the Ethereum blockchain
Medal award icon symbol
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
C
Discuss
Connect on Discord
Join our community of investors to discuss pool ratings, tips, and the latest DeFi news.
Join now
Custom Discord logo with chat bubble attached