Blend Pools V2 · Stellar

USDC (Fixed Pool)

Overview

The Blend Pools V2 USDC on Stellar is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by matching depositors with borrowers seeking USDC loans.

Total APY stands at 8.50%, with no additional reward component. Over the past week, this rate has declined by 0.14% and over the last month it is down 0.44%, placing the current rate below the 30-day mean of 9.02%.

TVL currently sits at $10.87M with no reported change over the previous seven days. Primary exposure here is depeg risk on the underlying stablecoin, USDC. Given its status as a fixed pool within the lending category, liquidity depth remains crucial for maintaining stability and attracting borrowers.

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 6.32%; 30-day mean is 6.95%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 90% confidence based on historical patterns.

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