Euler V2 · Monad

AUSD (EVK Vault eAUSD-16)

Overview

The Euler V2 AUSD on Monad is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and paying suppliers from the resulting interest spread.

Total APY of 11.25% breaks down into base lending at 7.93% and an additional reward layer at 3.32%. Over the past week, the rate has trended up by 5.27%, while no data is available for the 30-day trend. The current APY sits below the 30-day mean of 9.16%.

TVL stands at $868K with no reported change over the last seven days; primary exposure here is depeg risk on the underlying stablecoin AUSD. Given its single-asset nature, this pool's liquidity depth and stability are critical factors for suppliers to monitor.

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 7.01%; 30-day mean is 6.64%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 65% confidence based on historical patterns.

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