Liqwid · Cardano

USDM

Overview

The Liqwid USDM pool on Cardano is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. Liqwid generates yield by routing borrowing demand against pooled USDM liquidity and paying suppliers from the resulting interest spread. Total APY stands at 5.48%, with no additional reward component. The 7-day trend shows a decline of -0.04% while the 30-day trend is up 0.15%, placing the current rate above the 30-day mean of 5.31%. TVL sits at $1.43M with no reported change over the past week; primary exposure is depeg risk on the underlying stablecoin. Stablecoin lending pools typically maintain low utilisation rates to mitigate default risk, which this pool adheres to.

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 15.28%; 30-day mean is 9.09%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 80% confidence based on historical patterns.

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