Fluid Lending · Arbitrum

USDC

Overview

The Fluid Lending USDC pool on Arbitrum is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by routing borrowing demand against pooled USDC liquidity and distributing the resulting interest to lenders.

Total APY stands at 6.48%, with no additional reward component. Over the past seven days, the rate has increased by 1.77%, while over thirty days it has decreased by 8.86%. This current rate is above the 30-day mean of 5.96%.

TVL in the pool stands at $47M with no reported change over the last week. The primary risk here is depeg risk on the underlying stablecoin, USDC. Given its status as a single-asset stablecoin lending pool, liquidity depth remains robust to support ongoing borrowing and lending activities.

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 5.38%; 30-day mean is 5.88%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 60% confidence based on historical patterns.

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