Compound V3 · Ethereum

USDT

Overview

The Compound V3 USDT pool on Ethereum is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by matching borrowers seeking USDT loans with lenders providing liquidity.

Total APY of 2.88% combines base lending and an additional reward layer, contributing to the overall return. Over the past week, the rate has decreased by 0.245%, while over the last month it has fallen by 0.3837%. This current rate is below the 30-day mean of 3.29%.

TVL stands at $46.5M with no reported change in the past week. The primary risk for this pool involves depeg risk on the underlying stablecoin USDT, as single-asset stablecoin pools are vulnerable to fluctuations in peg stability.

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 2.77%; 30-day mean is 2.78%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 82% confidence based on historical patterns.

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