ThalaSwap · Aptos

USDT-USDC

Overview

The ThalaSwap USDT-USDC pool on Aptos is a multi-asset liquidity position where providers earn fees from trading swaps between USDT and USDC. This decentralized exchange protocol generates yield by facilitating trades among liquidity providers.

Total APY stands at 14.42%, with no additional reward component. Over the past week, the rate has dropped by 6.02% but shows an upward trend of 2.77% over the last month. The current APY is below the 30-day mean of 17.76%.

TVL in the pool totals $2.18M with no reported change over the past week. Primary exposure includes impermanent loss risk due to the multi-asset nature of the liquidity provision. This liquidity depth supports a wide range of trading volumes, enhancing fee generation for providers.

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 10.40%; 30-day mean is 21.89%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 60% confidence based on historical patterns.

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