Minswap DEX · Cardano

ADA-NVL (V2)

Overview

The Minswap DEX ADA-NVL pool on Cardano is a liquidity position where users provide ADA and NVL tokens to earn trading fees from the decentralized exchange’s activities. This multi-asset liquidity pool generates yield through transaction fees collected when traders use the provided liquidity.

Total APY stands at 2.55%, composed of a base rate of 2.02% and an additional reward layer of 0.53%. Over the past week, the APY has decreased by 0.2%, while over the last month it has dropped by 1.41%, placing the current yield below the 30-day mean of 3.28%.

TVL in this pool is $305K with no reported change over the previous seven days. The primary risk for liquidity providers here is impermanent loss due to the multi-asset nature of the pool, alongside smart-contract risks inherent to DeFi platforms.

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 2.67%; 30-day mean is 3.75%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 66% confidence based on historical patterns.

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