Minswap DEX · Cardano

ADA-NIGHT (V2)

Overview

The Minswap DEX ADA-NIGHT pool on Cardano is a liquidity position for the ADA-NIGHT token, which functions as an LP token in a decentralized exchange protocol. This pool generates yield through trading fees earned from users swapping tokens.

Total APY stands at 8.84%, combining base yields with a reward layer of 0.15%. Over the past seven days, the rate has declined by 2.69% and over thirty days it has dropped by 13.66%, placing current rates below the 30-day mean of 15.08%.

TVL is $2.86M with no reported change in the last week. The primary risk here involves impermanent loss due to multi-asset exposure, which can occur if token prices fluctuate while funds are locked in the pool.

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 30.33%; 30-day mean is 20.03%. 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.