Morpho Blue · Base

STEAKUSDC

Overview

Morpho Blue STEAKUSDC is a single-asset stablecoin lending pool on the Base chain where USDC serves as the supplied asset. The pool currently offers a base APY of 4.66 percent with no reward APY component, totaling 4.66 percent. Over the past 30 days, APY has increased 0.78 percent and risen 0.41 percent over the past 7 days, suggesting modest upward momentum despite a 30-day mean APY of 4.39 percent. The pool holds approximately 468 million dollars in total value locked, though recent 7-day TVL change data is unavailable. As a stablecoin pool, the primary risk exposure involves potential depeg events affecting USDC stability, alongside standard smart-contract risks inherent to the Morpho Blue protocol.

Generated 2026-05-18 from the structured pool data on this page. No external claims, no hand-edited text. See methodology.

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 4.66%; 30-day mean is 4.39%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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