Velodrome V3 · Ink

USD₮0-USDC (CL1 - 0.02%)

Overview

The Velodrome V3 USDₐ0-USDC pool on Ink is a liquidity position token (LP token) that generates yield through trading fees and incentives from the protocol’s decentralized exchange activities. Users deposit an equal amount of USDₐ0 and USDC to participate in the liquidity provision for this pair, earning rewards based on transaction volumes.

The total APY stands at 1.41%, entirely driven by the reward component since there is no base yield. Over the past seven days, the APY has decreased by 0.33%, while no trend data is available for the 30-day period. The current rate falls below the 30-day mean of 1.59%.

TVL in this pool stands at $1.07M with exposure to impermanent loss due to its multi-asset nature. Users face risks associated with price fluctuations, as liquidity providers might incur losses if they withdraw assets when prices have shifted unfavorably compared to the time of deposit.

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 1.33%; 30-day mean is 1.86%. 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.