Neverland · Monad

VEDUST

Overview

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

Total APY stands at 156.78%, entirely from the reward component, with no base lending rate. Over the past week, the APY has dropped by 8.82% and over the last month it decreased by 10.64%, placing current rates below the 30-day mean of 164.85%.

TVL in the pool is $2.21M with no reported change over the past week. The primary risk here stems from smart-contract vulnerabilities, given that this is not a multi-asset or stablecoin pool. Lending utilisation levels are within typical ranges for this type of protocol and asset 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.

• Yield variability

  Current APY is 168.54%; 30-day mean is 156.79%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 92% confidence based on historical patterns.

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