Mezo Vaults · Mezo

SMUSD (Staked in gauge)

Overview

The Mezo Vaults SMUSD pool on the Mezo chain is a single-asset stablecoin position where users stake their SMUSD tokens to earn yield through liquidity provision in a gauge. The protocol aggregates rewards from various staking opportunities and distributes them among participants.

Total APY stands at 27.41%, entirely driven by reward incentives with no base yield component. Over the past week, the rate has dropped by 15.89% while there is no trend data available for the last month. This places the current APY below the 30-day mean of 28.5%.

TVL in the pool totals $7.4M with no reported change over the previous seven days. The primary risk here involves depegging of the underlying stablecoin, SMUSD. Given its role as a yield aggregator, Mezo Vaults aims to maximize returns by optimizing across multiple staking options, which can influence both reward rates and overall stability.

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 6.04%; 30-day mean is 10.63%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 87% confidence based on historical patterns.

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