Liqwid · Cardano

USDT

Overview

The Liqwid USDT pool on Cardano is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by routing borrowing demand against pooled USDT liquidity and paying suppliers from the resulting interest spread.

Total APY stands at 9.51%, with no additional reward component. Over the past week, the rate has increased by 0.17% while over the last month it has decreased by 0.23%. This places the current yield slightly below the 30-day mean of 9.55%.

TVL is at $338K with no specified change over the previous seven days. The primary risk for this pool involves depeg risk on the underlying stablecoin, USDT. Given its status as a single-asset lending position, liquidity depth remains critical to maintaining stable interest rates and minimizing supply-side volatility.

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 12.80%; 30-day mean is 10.55%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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