Native Credit Pool · Ethereum

USDC (single-side, no-loss LP)

Overview

The Native Credit Pool NUSDC on Ethereum is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by matching borrowers against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 3.84%, with no additional reward component. Over the past week, the rate has increased by 0.46% and over the past month it has risen by 1.04%. This current rate is above the 30-day mean of 3.39%.

TVL currently sits at $213K with no available data on recent changes. As a single-asset stablecoin pool, primary exposure lies in depeg risk from the underlying NUSDC token. The liquidity depth remains consistent within typical ranges for this type of lending protocol.

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.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.13%; 30-day mean is 3.36%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 70% confidence based on historical patterns.

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