USDC

1/27/2024 - Connext USD Bridging has a 30d APY of 16.59%, a TVL of 86,982, and an Exponential Risk Rating of C. This pool facilitates moving USDC in and out of the BNB Chain blockchain.

Connext USD Bridging on BNB Chain (USDC)

This pool facilitates moving USDC in and out of the BNB Chain blockchain. Your yield comes from bridging fees when assets are moved between chains.

USDC on the BNB Chain is backed by USDC reserves custodied by Binance. USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

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

Investment Strategy

Fundamentals

Risk

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

Connext USD Bridging

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

Connext

Protocol Code Quality

Protocol Maturity

Protocol Design

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

BNB Chain

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

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Yield Source

Your yield is generated from bridging fees for moving USDC into and out of BNB Chain

This pool has not been receiving any protocol incentives to encourage user deposits

Connext USD Bridging

This pool facilitates moving USDC in and out of the BNB Chain blockchain. Your yield comes from bridging fees when assets are moved between chains.

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

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