Ember Protocol · Sui

USDC (USD Vault)

Overview

The Ember Protocol USDC on Sui is a single-asset stablecoin pool where suppliers earn interest on USDC deposits through an on-chain capital allocator protocol. The protocol generates yield by allocating funds across various DeFi opportunities, optimizing returns for depositors.

Total APY stands at 7.55%, with no additional reward component. Over the past seven days, the APY has increased by 0.31%, while there is no trend data available for the past thirty days. The current rate falls below the 30-day mean of 10.84%.

TVL remains at $1.81M with no reported change over the last week. Primary exposure here is depeg risk on the underlying stablecoin, as single-asset pools are vulnerable to fluctuations in the pegged value. This pool's stability and yield optimization make it an attractive option for those seeking a balance between liquidity and potential returns.

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 11.21%; 30-day mean is 7.99%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 51% confidence based on historical patterns.

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