Yearn Finance · Katana

VBUSDT

Overview

The Yearn Finance VBUSDT pool on the Katana chain is a single-asset stablecoin position where suppliers earn yield from deposits of VBUSDT tokens, which are liquid-staking receipts for the wrapped version of the BUSD stablecoin. Yearn aggregates and optimizes yields across various DeFi protocols to generate returns for users. The total APY stands at 7.21%, consisting of a base APY of 2.74% plus an additional reward layer of 4.47%. Over the past week, the APY has increased by 2.51%, and over the last month, it has risen by 5.65%, placing it above the 30-day mean of 4.18%. TVL is currently at $5.22M with no reported change in the past week. The primary risk here is depeg risk on the underlying stablecoin due to its exposure as a single-asset pool, which could impact returns if VBUSDT deviates from its peg value.

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 3.37%; 30-day mean is 5.83%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 71% confidence based on historical patterns.

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