Blackhole CLMM · Avalanche

REUSD-USDC (CL - 1)

Overview

The Blackhole CLMM REUSD-USDC pool on Avalanche is a cross-margin liquidity position where suppliers earn yield from providing liquidity to the decentralized exchange. The protocol generates revenue by charging fees on trades executed against the pooled liquidity.

Total APY stands at 1.03%, entirely composed of rewards with no base lending component. Over the past seven days, the APY has decreased by 0.18%, and over thirty days, it has dropped by 0.44%. This places the current rate below the 30-day mean of 1.20%.

TVL is $961K with no reported change in the last week; primary exposure includes impermanent loss risk due to the multi-asset nature of the pool. Cross-margin liquidity pools like this one require careful management to avoid significant losses from adverse price movements.

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 13.05%; 30-day mean is 1.29%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 74% confidence based on historical patterns.

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