Silo V2 · Sonic

USDC (id 20)

Overview

The Silo V2 USDC pool on Sonic is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. Silo V2 routes borrowing demand against pooled USDC liquidity and pays suppliers from the resulting interest spread. The pool stands as one of several venues for USDC lending on Sonic.

Total APY of 341.62% comes from base lending alone, with no additional incentive layer. Over the past seven days, the trend is up by 183.21%, and over thirty days, it has increased by 170.75%. The current rate significantly exceeds the 30-day mean of 222.23%. This pattern indicates expanding yield for suppliers.

TVL holds at $6.0M with a notable increase in recent days. Given its relatively small size, this growth reflects significant interest from users seeking high-yield opportunities. Primary exposure is depeg risk on the underlying stablecoin. The protocol's lending utilization rate remains within typical ranges, ensuring supply-side rates remain responsive to borrower demand.

Composed 2026-05-22 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 5.14%; 30-day mean is 5.68%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 50% confidence based on historical patterns.

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