"USDC-in USDC-out" describes yields where you deposit & withdraw USDC with no swapping or fees.
These strategies are a crucial part of any well-managed stablecoin portfolio because USDC is the de-facto base stablecoin for most of EVM defi.
Let's look at a few good ones 🧵👇
These strategies are a crucial part of any well-managed stablecoin portfolio because USDC is the de-facto base stablecoin for most of EVM defi.
Let's look at a few good ones 🧵👇
1) @summerfinance_'s Lazy Summer
These are "lend aggregation" positions.
They lend on Silo, Euler, Aave, etc. to maximize the USDC yield for the end user.
That nets around 7.4% organic.
You also get 9-22% extra from $SUMR rewards (@ 150M FDV).
summer.fi/earn?referralC…
These are "lend aggregation" positions.
They lend on Silo, Euler, Aave, etc. to maximize the USDC yield for the end user.
That nets around 7.4% organic.
You also get 9-22% extra from $SUMR rewards (@ 150M FDV).
summer.fi/earn?referralC…
2) @reservoir_xyz srUSD
It's no secret I've been an srUSD maximalist for a long time. It's been my largest stablecoin position for months now.
Even now, just holding srUSD nets 6.7% APY + S2 points.
If you want to leverage, @ipor_io has a great vault that has been averaging ~15% as well.
h/t @vaultsfyi
It's no secret I've been an srUSD maximalist for a long time. It's been my largest stablecoin position for months now.
Even now, just holding srUSD nets 6.7% APY + S2 points.
If you want to leverage, @ipor_io has a great vault that has been averaging ~15% as well.
h/t @vaultsfyi
3) @gauntlet_xy's USD Alpha
This is a great set-and-forget mega-lending optimizer.
Anyone who knows Gauntlet knows they're one of the king-makers of liquidity in DeFi.
They optimize all USDC lendside liquidity through USD Alpha and return to the end-user a great 7.7% yield AND technically gtUSDa is the receipt token.
I'm really hoping gtUSDa gets some composability, because I'd certainly love to loop and leverage it.
This is a great set-and-forget mega-lending optimizer.
Anyone who knows Gauntlet knows they're one of the king-makers of liquidity in DeFi.
They optimize all USDC lendside liquidity through USD Alpha and return to the end-user a great 7.7% yield AND technically gtUSDa is the receipt token.
I'm really hoping gtUSDa gets some composability, because I'd certainly love to loop and leverage it.
4) @infinifilabs is highly underrated for USDC-in/USDC-out yields.
► 8% APY on siUSD (instantly redeemable)
► 11.75% to 13.39% on liUSD with timed-withdrawal periods.
The way liUSD works is you get boosted exposure to the underlying yield of the protocol for taking on duration risk, and when you want to exit, you wait 1 to 8 weeks to fully exit BUT you also get your yield the entire unlock period.
And then you can exit 1:1 into USDC.
I'm personally looking forward to liUSD composability in the near future.
(you can also leverage PT-iUSD on Morpho or @Contango_xyz for something like 30% APR)
► 8% APY on siUSD (instantly redeemable)
► 11.75% to 13.39% on liUSD with timed-withdrawal periods.
The way liUSD works is you get boosted exposure to the underlying yield of the protocol for taking on duration risk, and when you want to exit, you wait 1 to 8 weeks to fully exit BUT you also get your yield the entire unlock period.
And then you can exit 1:1 into USDC.
I'm personally looking forward to liUSD composability in the near future.
(you can also leverage PT-iUSD on Morpho or @Contango_xyz for something like 30% APR)
5) @eulerfinance frontier markets
There are a lot of stablecoin specific markets launching on Euler, like @FalconStable and @MidasRWA that are benefiting from a solid base APR plus either points from the underlying protocol or $rEUL from Euler.
Current around 12-14% APR and you can always hop around without swapping or slippage to get the best opportunity.
OR you can hop over to @avax and grab 10% mostly paid in wAVAX
There are a lot of stablecoin specific markets launching on Euler, like @FalconStable and @MidasRWA that are benefiting from a solid base APR plus either points from the underlying protocol or $rEUL from Euler.
Current around 12-14% APR and you can always hop around without swapping or slippage to get the best opportunity.
OR you can hop over to @avax and grab 10% mostly paid in wAVAX
That's it for a quick mini-thread!
I just really wanted to drive home the importance of a fully liquid stablecoin position, either for buying dips, closing leverage positions with less looping, or just to have on hand for external expenses that costs you nothing to exit.
Some of these protocols are ambassadors, feel free to check out our website for disclaimers or to join the Defi Dojo Discord:
defidojo.vip
Thanks for reading
I just really wanted to drive home the importance of a fully liquid stablecoin position, either for buying dips, closing leverage positions with less looping, or just to have on hand for external expenses that costs you nothing to exit.
Some of these protocols are ambassadors, feel free to check out our website for disclaimers or to join the Defi Dojo Discord:
defidojo.vip
Thanks for reading
@gauntlet_xyz *
Other notable mentions:
- syrupUSDC
- Fluid Lending
- Smokehouse and Steakhouse USDC lending
- syrupUSDC
- Fluid Lending
- Smokehouse and Steakhouse USDC lending
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