Overnight Finance · Base

OVN-

Overview

The Overnight Finance OVN- pool on Base is a multi-asset collateralized debt position where users deposit various assets to generate yield through borrowing and lending activities within the protocol.

Total APY stands at 3.62%, with no additional reward component. The 7-day trend shows an increase of 0.45% while the 30-day trend is up by 0.80%, placing the current rate above the 30-day mean of 3.06%.

TVL currently sits at $138K, with no reported change over the past week. The primary exposure here involves impermanent loss risk due to the multi-asset nature of the pool. This type of CDP pool typically requires careful monitoring of asset prices and liquidity depth to manage risks effectively.

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 3.66%; 30-day mean is 3.64%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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