Lagoon · Ethereum

SYNUSD+

Overview

The Lagoon SYNUSD+ pool on Ethereum is a single-asset stablecoin lending position where suppliers earn variable interest on deposits of the synthetic stablecoin, SYNUSD+. Lagoon generates yield by allocating this liquidity across various DeFi protocols and earning fees from these investments. Total APY stands at 8.36%, with no additional reward component. The 7-day trend shows an increase of 2.79% while the 30-day trend indicates a decline of 2.23%. This current rate is above the 30-day mean of 7.38%. TVL in the pool is $2.32M, with no reported change over the past week. The primary risk for suppliers here is depeg risk on the underlying stablecoin SYNUSD+. Given its role as a synthetic asset, fluctuations in its peg can impact supplier returns.

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 7.67%; 30-day mean is 7.62%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 57% confidence based on historical patterns.

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