Minswap DEX · Cardano

ADA-SNEK (V2)

Overview

The Minswap DEX ADA-SNEK pool on Cardano is a liquidity position where providers earn fees from trading activities on the decentralized exchange platform. This multi-asset liquidity pool facilitates trades between ADA and SNEK tokens, generating yield through transaction fees.

Total APY stands at 12.62%, composed of a base rate of 11.85% and an additional reward layer of 0.77%. Over the past seven days, the APY has decreased by 0.19%, while over the last thirty days it has declined further by 2.66%, placing the current yield below the 30-day mean of 13.02%.

TVL in this pool is $1.23M with no reported change over the past seven days. The primary risk exposure for liquidity providers is impermanent loss due to the multi-asset nature of the pool. This liquidity depth supports a range of trading volumes, contributing to stable fee generation within the protocol category.

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 22.55%; 30-day mean is 17.21%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 84% confidence based on historical patterns.

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