Fluid Lending · Polygon

USDC

Overview

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

Total APY stands at 3.76%, with no additional reward component. Over the past seven days, the rate has decreased by 0.56% and over the last thirty days, it has dropped by 8.69%. This current rate is below the 30-day mean of 5.12%.

TVL in the pool is $400K with no reported change over the past seven days. The primary risk here is depeg risk on the underlying stablecoin USDC, as single-asset stablecoin pools are exposed to fluctuations in peg stability.

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 3.25%; 30-day mean is 3.41%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 68% confidence based on historical patterns.

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