Overnight Finance · Arbitrum

USDT-

Overview

The Overnight Finance USDT- pool on Arbitrum is a multi-asset collateralized debt position where users deposit USDT to generate yield through the protocol’s CDP mechanism. The protocol allows for borrowing against pooled assets, generating interest that suppliers earn.

Total APY stands at 1.39%, with no additional reward component. Over the past 7 days, there has been no trend change, while over the last 30 days, it increased by 0.02%. This places the current rate in line with the 30-day mean of 1.39%.

TVL is $239K, with no reported 7-day change. The primary risk exposure for this pool includes impermanent loss due to its multi-asset nature. Users should consider liquidity depth and market conditions when participating in such pools.

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 1.38%; 30-day mean is 1.38%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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