Compound V3 · Polygon

USDC

Overview

The Compound V3 USDC pool on Polygon is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by matching borrowers with lenders and distributing the resulting interest spread to depositors.

Total APY stands at 11.23%, comprised solely of base lending income, as there is no reward component. Over the past week, this rate has increased by 8.39% and over the last month it rose by 8.72%, significantly outpacing the 30-day mean APY of 3.35%.

TVL currently sits at $161K with no reported change in the past seven days. The primary risk here is depeg risk due to the stablecoin nature of the asset, as fluctuations in USDC's peg could impact returns and principal 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 3.14%; 30-day mean is 5.85%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 84% confidence based on historical patterns.

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