Joe V2.2 · Avalanche

SIERRA-USDC

Overview

The Joe V2.2 SIERRA-USDC pool on Avalanche is a liquidity position for a multi-asset pair, generating yield through trading fees and other protocol incentives. The asset role involves providing liquidity to the decentralized exchange (DEX), enabling users to trade SIERRA and USDC. Total APY stands at 0.60%, with no additional reward component. Over the past week, the rate has declined by 8.31% but shows a positive trend of 0.57% over the last month, placing it below the 30-day mean of 1.91%. TVL is $122,732 with no recent change data available; primary exposure includes impermanent loss risk due to the multi-asset nature of the pool. This liquidity provision supports trading volume on Joe V2.2’s DEX infrastructure, contributing to overall market depth and transaction settlement efficiency.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 0.02%; 30-day mean is 1.07%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 74% confidence based on historical patterns.

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