Current · Sui

USDC (EmberMarket)

Overview

The Current USDC pool on Sui is a single-asset lending position where suppliers earn variable interest on stablecoin deposits through the EmberMarket protocol. The protocol generates yield by routing borrowing demand against pooled USDC liquidity and paying suppliers from the resulting interest spread. This pool stands as one of several venues for USDC on Sui, competing with other lending platforms.

The total APY is 8.19%, composed of a base lending rate of 5.65% and an additional reward layer of 2.54%. Over the past seven days, the APY has increased by 1.28%, while over thirty days it has risen by 0.52%. The current APY is below the 30-day mean of 8.43%. This trend indicates expanding yield for suppliers.

TVL in the pool is $51,237, with a slight decline observed over the past seven days. Given its relatively small size, this level of TVL suggests limited liquidity depth. The primary risk exposure here is depeg risk on the underlying stablecoin USDC. This risk remains significant for single-asset pools like this one, where any instability in the stablecoin's peg could impact returns and capital value.

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 12.06%; 30-day mean is 9.77%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 71% confidence based on historical patterns.

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