Strata Markets · Ethereum

SRMM1USD

Overview

The Strata Markets SRMM1USD pool on Ethereum is a single-asset yield position where suppliers earn interest on deposits of the SRMM1USD token, which represents exposure to a synthetic stablecoin. The protocol generates returns by arbitraging between various decentralized finance markets. Total APY stands at 2.78%, with no additional reward component. Over the past week, there has been no change in APY, while over the last month it has decreased by 2.53%. This places the current rate below the 30-day mean of 2.86%. TVL is $104K, and there is no multi-asset risk as this pool does not expose suppliers to impermanent loss. The primary risk here is smart-contract risk inherent in any DeFi protocol.

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 1.67%; 30-day mean is 3.52%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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