Centrifuge Protocol · Avalanche

USDC (Janus Henderson AAA CLO Fund)

Overview

The Centrifuge Protocol USDC pool on Avalanche is a single-asset stablecoin deposit position where suppliers earn variable interest rates from lending USDC to borrowers. The protocol generates yield by matching lenders with borrowers seeking collateralized loans, primarily for real-world asset financing. This pool stands as one of the key venues for USDC deposits within Centrifuge Protocol's ecosystem on Avalanche.

Total APY is 3.72%, consisting solely of base interest without any additional reward component. Trend data is not available for this pool. The current APY exceeds the 30-day mean of 2.57%, indicating a recent uptick in yield generation relative to historical performance.

TVL currently stands at $258M, with no reported change over the past seven days, suggesting stability in terms of capital inflows and outflows. Primary exposure for this pool is depeg risk on the underlying USDC stablecoin. Given its focus on real-world asset financing, liquidity depth plays a crucial role in ensuring borrowers have access to sufficient funds, which directly impacts the interest rates suppliers receive.

Composed 2026-05-22 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 7.96%; 30-day mean is 3.84%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 93% confidence based on historical patterns.

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