Bluefin Spot · Sui

USDSUI-USDC (0.01%)

Overview

The Bluefin Spot USDSUI-USDC pool on Sui is a single-asset stablecoin liquidity position where providers earn yield from trading fees generated by the protocol's decentralized exchange activities. Total APY stands at 16.87%, comprising base returns of 0.89% and an additional reward layer of 15.98%. Over the past week, the APY has declined by 6.29%, while over the last month it has fallen further by 3.24%, placing current rates below the 30-day mean of 19.46%.

TVL in this pool is $923K with no reported change over the past week, indicating stable capital inflows and outflows. The primary risk for liquidity providers here involves impermanent loss exposure due to the multi-asset nature of the pool, despite the protocol's efforts to minimize it through specific mechanisms. Given its role in a decentralized exchange environment, this pool benefits from high trading volume and liquidity depth, which enhances fee generation potential.

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 12.26%; 30-day mean is 23.39%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 61% confidence based on historical patterns.

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