stUSDT · Ethereum

STUSDT

Overview

The stUSDT STUSDT pool on Ethereum is a single-asset stablecoin position where suppliers earn variable interest on USDT deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and paying suppliers from the resulting interest spread. Total APY stands at 3.46%. There are no reward incentives, so this figure reflects base lending alone. Over the past week, the trend is down 0.94%, while over the last month it has declined 3.87%, placing the current rate below the 30-day mean of 3.48%. TVL currently sits at $1.8M with no available data on recent changes. The primary risk here is depeg risk due to the single-asset stablecoin nature of the pool. This type of pool typically offers a direct exposure to the underlying asset's stability, making it crucial for suppliers to monitor USDT’s peg closely.

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 3.41%; 30-day mean is 3.42%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 56% confidence based on historical patterns.

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