cbBTC

USDC

4/24/2025 - Aerodrome USD-BTC Market Making has a 30d APY of 27.97%, a TVL of 14,711,757, and an Exponential Risk Rating of B. This pool facilitates trades between USDC and cbBTC.

Aerodrome USD-BTC Market Making on Base (cbBTC, USDC)

This pool facilitates trades between USDC and cbBTC. Your yield is generated from swap fees paid by traders when an exchange happens.

cbBTC is a DeFi-friendly version of Bitcoin backed 1:1 by BTC held by Coinbase.

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

This pool has been receiving protocol incentives to encourage more user deposits

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool's economic design

Aerodrome USD-BTC Market Making

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Aerodrome Slipstream

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Base

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

Something that shows up when you hover over the (i) icon

Yield Source

This pool serves as a yield-generating account for you to earn yield on your USD and BTC, subject to market conditions

Your yield consists of trading fees from the buying and selling of USDC and cbBTC on the Base blockchain

Aerodrome USD-BTC Market Making

This pool facilitates trades between USDC and cbBTC. Your yield is generated from swap fees paid by traders when an exchange happens.

Get more from your crypto –earn 15% yield or more

Get more from your crypto –
earn 15% yield or more