Steer Protocol · Polygon

WMATIC-USDC (QuickSwap)

Overview

The Steer Protocol WMATIC-USDC pool on Polygon is a liquidity manager that generates yield through the provision of liquidity for trading pairs, attracting fees from trades executed against this liquidity. Total APY stands at 70.87%, with no separate reward component. The 7-day trend shows an increase of 4.39% while the 30-day trend indicates a decline of 19.56%, placing the current rate slightly above the 30-day mean of 70.76%. TVL is $143,292 with no reported change over the past week; primary exposure includes impermanent loss risk due to multi-asset holdings. This pool's liquidity depth supports trading activity on QuickSwap, contributing to stable and predictable fee generation.

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 130.32%; 30-day mean is 185.24%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 74% confidence based on historical patterns.

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