Minswap DEX · Cardano

NIGHT-SNEK (V2)

Overview

The Minswap DEX NIGHT-SNEK pool on Cardano is a multi-asset liquidity position where providers earn fees from trading activities. This protocol aggregates liquidity across multiple assets, generating yield through transaction fees.

Total APY stands at 14.73%, with no additional reward component. Over the past week, this rate has decreased by 2.12% and over the last month, it has fallen by 11.43%. This places the current APY below the 30-day mean of 19.07%.

TVL in the pool is $198K with no reported change over the past week. The primary risk involves impermanent loss due to the multi-asset nature of the liquidity provision, exposing providers to price fluctuations between assets.

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 25.25%; 30-day mean is 17.90%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 58% confidence based on historical patterns.

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