Ember Protocol · Sui

USDC (Concentrated Liquidity Vault)

Overview

The Ember Protocol USDC on Sui is a concentrated liquidity vault where users deposit USDC to earn yield through the protocol's capital allocation strategy. The protocol generates returns by deploying pooled funds across various DeFi opportunities.

Total APY stands at 12.52%, combining base earnings of 5.87% with an additional reward layer of 6.65%. Over the past week, the rate has dropped by 0.75%, while no trend data is available for the last 30 days. This current APY falls below the 30-day mean of 13.81%.

TVL in the pool amounts to $1.58M with no reported change over the past week. The primary risk here is depeg risk due to its stablecoin nature, as any instability in USDC could impact returns. Given Ember Protocol's role as an on-chain capital allocator, liquidity depth and the quality of investment opportunities influence performance.

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 12.49%; 30-day mean is 11.37%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 80% confidence based on historical patterns.

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