Gains Network · Base

USDC

Overview

The Gains Network USDC pool on Base is a single-asset stablecoin lending position where suppliers earn variable interest on deposits of the USD Coin (USDC). The protocol generates yield by facilitating borrowing against pooled liquidity and distributing the resulting revenue to lenders. Total APY stands at 4.31%, with no additional reward component. Over the past week, this rate has increased by 2.06% and over the last month, it has risen by 2.54%, placing the current yield well above the 30-day mean of 2.32%. TVL in the pool is $2.19M with no reported change over the past week; primary exposure here is depeg risk on the underlying stablecoin. Given its role within a derivatives protocol, this pool also exposes lenders to additional volatility and leverage-related risks inherent to the Gains Network ecosystem.

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 1.72%; 30-day mean is 4.06%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 89% confidence based on historical patterns.

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