Aerodrome Slipstream · Base

MSUSD-USDC (CL50 - 0.05%)

Overview

The Aerodrome Slipstream MSUSD-USDC pool on Base is a multi-asset liquidity position designed for swapping between the stablecoin USDC and the algorithmic stablecoin MSUSD. This protocol generates yield by facilitating trades and earning fees from users who add liquidity to the pool.

Total APY stands at 1.87%, comprised of a base return of 0.42% and an additional reward layer of 1.45%. Over the past seven days, the APY has declined by 0.57%, while over the last thirty days, it has decreased by 0.06%, placing the current rate below the 30-day mean of 2.85%.

TVL is currently at $24M with no reported change in the past week; primary exposure includes smart-contract risk due to its multi-asset nature. This pool offers liquidity depth, which is crucial for maintaining efficient trading and minimizing slippage during high-volume transactions.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 5.54%; 30-day mean is 6.07%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 52% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.