Compound V3 · Ethereum

USDC

Overview

The Compound V3 USDC pool on Ethereum 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, and pays lenders from the interest collected. Total APY of 4.17% combines base lending at 4.03% with an additional reward layer contributing 0.13%. Over the past week, this rate has increased by 0.84%, while over the last month it rose by 1.53%, placing it above the 30-day mean of 3.08%. TVL stands at $32M with no reported change in the past seven days; primary exposure is depeg risk on the underlying stablecoin. Utilisation rates for this pool typically reflect a balance between borrower demand and depositor supply, maintaining liquidity depth for users.

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 3.23%; 30-day mean is 3.23%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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