Neverland · Monad

USDC

Overview

The Neverland USDC pool on Monad is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY of 8.61% combines base lending with an additional reward layer, yielding a total of 4.70%. Over the past week, the rate has trended down slightly at -0.01%, while over the last month it has increased by 0.39%, placing it above the 30-day mean APY of 8.48%.

TVL stands at $13.6M with no reported change in the past week; primary exposure is depeg risk on the underlying stablecoin. As a single-asset lending pool, liquidity depth and stability are key factors influencing performance and user confidence.

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 5.82%; 30-day mean is 7.98%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 83% confidence based on historical patterns.

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