Stake DAO · Ethereum

PYUSD-USDC (Curve)

Overview

The Stake DAO PYUSD-USDC pool on Ethereum is a multi-asset liquidity position where suppliers earn yield by providing PYUSD and USDC tokens to the Curve protocol. The protocol generates returns through trading fees and other financial activities.

Total APY stands at 4.54%, combining base yields with an additional reward layer of 4.28%. Over the past seven days, the trend has been up by 0.45%, while over thirty days it shows a decline of 2.04%, placing current rates below the 30-day mean of 5.31%.

TVL is $162K with no reported change in the last week; primary exposure involves impermanent loss risk due to multi-asset composition. This liquidity pool benefits from deep liquidity, enhancing trading efficiency and reducing slippage for users.

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 6.37%; 30-day mean is 5.40%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 72% confidence based on historical patterns.

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