Hydration DEX · Polkadot

AUSDT-USDC-USDT (Stableswap)

Overview

The Hydration DEX AUSDT-USDC-USDT pool on Polkadot is a multi-asset stablecoin liquidity position within the Stableswap protocol category, designed to facilitate trades between USDT, USDC, and another USDT variant. This pool generates yield through trading fees earned from users swapping these assets.

Total APY stands at 42.8%, with no additional reward component. Over the past week, this rate has declined by 7.06%, while over the last month it increased by 16.87%. The current APY is above the 30-day mean of 36.8%.

TVL in the pool amounts to $1.04M with no reported change over the past week. Given its multi-asset nature, this pool exposes liquidity providers to impermanent loss risk due to price fluctuations between assets. The stablecoin composition and trading activity contribute to a relatively deep liquidity environment for users engaging in swaps.

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 0.33%; 30-day mean is 0.44%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 84% confidence based on historical patterns.

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