About USDC vaults
The current listing contains 1264 stablecoin vaults with $16.1B TVL. The last 30 days' average yield is 4.3%.
About Circle USDC
USD Coin (USDC) is a fully-reserved USD stablecoin issued by Circle. It is backed by cash and short-dated US government obligations held at regulated financial institutions. USDC is one of the most widely used stablecoins across DeFi and CeFi.
USD Coin (USDC) is a fully-reserved, fiat-backed stablecoin issued by Circle. Each USDC token is backed 1:1 by cash and short-dated US government obligations held at regulated US financial institutions. Circle publishes monthly attestation reports from independent accountants confirming that reserves always equal or exceed the outstanding USDC supply. USDC is one of the two largest stablecoins by market capitalisation and a cornerstone of on-chain liquidity across DeFi and CeFi.
Issuance and reserves
USDC was originally launched in 2018 as a joint venture between Circle and Coinbase under the Centre Consortium; Circle became the sole issuer after acquiring the Centre infrastructure in 2023. Reserves are held in segregated accounts at US banks and in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), providing transparency and liquidity. USDC can be minted or redeemed directly by verified institutional and business accounts at a 1:1 rate.
Cross-chain and native issuance
Unlike bridged representations, Circle issues USDC natively on more than 20 blockchains, including Ethereum, Solana, Arbitrum, Base, Avalanche, Polygon, and others. Cross-chain transfers use Circle's Cross-Chain Transfer Protocol (CCTP), which burns USDC on the source chain and mints fresh native USDC on the destination chain, preserving fungibility and eliminating bridge custodial risk.
Regulatory standing
Circle holds money transmitter licences in 47 US states and Electronic Money Institution (EMI) status in several European jurisdictions. In 2025 the US Congress passed the GENIUS Act, which established a federal framework for payment stablecoin issuers; USDC's reserve structure was already substantively aligned with those requirements. The SEC confirmed in 2025 that "Covered Stablecoins" such as USDC do not constitute securities.
Key properties
- Fully reserved: cash and short-dated US Treasuries, attested monthly
- Natively issued on 20+ blockchains; cross-chain transfers via CCTP (burn-and-mint)
- Regulated US issuer with state money transmitter licences and European EMI status
- Widely integrated in DeFi protocols (Aave, Compound, Uniswap, Curve, etc.) and CeFi exchanges
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Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Borrowable USDC Deposit, SiloId: 148 Silo Finance | >9,999% | >9,999% | 867.4% | 26.4 | 31.9% | 0.0% | USDC | $52.03K $100.01K | 1.3 | 0.0%/ 0.0% | Instant | Low | |||
Apostro USDC Core Euler | >9,999% | >9,999% | 1,200.0% | 4.8 | 251.9% | 0.0% | USDC | $48.15K $10.14M | 1.3 | 0.0%/ 10.0% | Instant | Negligible | |||
Borrowable USDC Deposit, SiloId: 149 Silo Finance | >9,999% | --- | 681.5% | 51.1 | 35.1% | 0.0% | USDC | $19.02K $19.02K | 0.1 | 0.0%/ 0.0% | Instant | Low | |||
Mainstreet Greenhouse USDC Euler | >9,999% | 9,449.7% | 8,500.0% | 8.0 | 59.4% | 0.0% | USDC | $49.95K $1.70M | 1.1 | 0.0%/ 50.0% | Instant | Negligible | |||
Impermax Borrwable USDC of Equalizer:sAMM-eliteRingsScUSD/USDC LP Unknown vault protocol | >9,999%* | >9,999%* | >9,999%* | 9.1 | 281.1% | 0.0% | USDC | $463.76K $463.76K | 1.4 | --- | Unknown | Unknown | |||
ASY Euler | >9,999% | >9,999% | >9,999% | 6.4 | 226.2% | 0.0% | USDC | $18.10K $6.29M | 1.2 | 0.0%/ 0.0% | Instant | Negligible | |||
Peapods Interest Bearing USDC - 65 Peapods | >9,999%* | >9,999%* | 552.2%* | 9.5 | 74.2% | 0.0% | USDC | $20.99K $20.99K | 1.6 | --- | Unknown | Dangerous | |||
Peapods Interest Bearing USDC - 147 Peapods | >9,999%* | >9,999%* | >9,999%* | 9.9 | 133.7% | 0.0% | USDC | $33.50K $33.50K | 1.1 | --- | Unknown | Dangerous | |||
Crypto_Lab28 Hyperliquid | >9,999% | -97.3% | -55.9% | 0.3 | 299.0% | -87.3% | USDC | $142.16K $217.67K | 1.3 | 0.0%/ 10.0% | 1d | Severe | |||
ABRC Euler | 5,827.7% | >9,999% | 2,700.0% | 4.3 | 302.5% | 0.0% | USDC | $14.80K $236.30K | 1.2 | 0.0%/ 0.0% | Instant | Negligible | |||
exactly USDC Unknown vault protocol | 5,312.9%* | 5,146.2%* | 3,694.9%* | 82.4 | 4.8% | 0.0% | USDC | $119.65K $563.05K | 4.0 | --- | Unknown | Unknown | |||
HODL My Perps Hyperliquid | 4,612.7% | -93.8% | -53.3% | -0.1 | 211.9% | -82.8% | USDC | $21.26K $87.24K | 0.5 | 0.0%/ 10.0% | 1d | Severe | |||
Borrowable USDC Deposit, SiloId: 1 Silo Finance | 4,282.2% | >9,999% | >9,999% | 3.0 | 423.9% | 0.0% | USDC | $11.84K $11.84K | 1.8 | 0.0%/ 0.0% | Instant | Low | |||
DOEZOE Hyperliquid | 4,048.4% | >9,999% | 428.2% | 3.0 | 313.3% | -61.8% | USDC | $18.78K $144.07K | 1.4 | 0.0%/ 10.0% | 1d | Severe | |||
Wild Money Hyperliquid | 3,334.6% | 31.1% | 155.9% | 0.8 | 110.6% | -38.7% | USDC | $19.80K $50.30K | 0.9 | 0.0%/ 10.0% | 1d | Severe | |||
137S Long Guard I Hyperliquid | 1,603.4% | 158.1% | 25.7% | 3.6 | 29.7% | -6.4% | USDC | $64.22K $64.22K | 0.4 | 0.0%/ 10.0% | 1d | Severe | |||
Casia Vault Shares Unknown vault protocol | 1,452.2%* | --- | 58.6%* | 45.4 | 4.6% | 0.0% | USDC | $175.47K $175.47K | 0.2 | --- | Capped | Unknown | |||
TEA Hyperliquid | 983.4% | -74.6% | -25.4% | -1.6 | 68.1% | -55.2% | USDC | $14.28K $23.70K | 1.0 | 0.0%/ 10.0% | 1d | Severe | |||
[Bee] Line Hyperliquid | 874.4% | 279.1% | 35.9% | 3.0 | 53.8% | -23.3% | USDC | $13.52K $29.00K | 0.3 | 0.0%/ 10.0% | 1d | Severe | |||
HindenShort v0.1 Hyperliquid | 726.4% | -38.2% | -12.2% | -0.9 | 43.0% | -34.9% | USDC | $40.49K $61.00K | 0.7 | 0.0%/ 10.0% | 1d | Severe | |||
137S MHF Long & Short I Hyperliquid | 677.3% | 77.4% | 15.2% | 2.3 | 29.6% | -7.1% | USDC | $54.27K $56.77K | 0.4 | 0.0%/ 10.0% | 1d | Severe | |||
137S IF Long I Hyperliquid | 614.5% | 84.8% | 16.3% | 2.5 | 28.0% | -6.5% | USDC | $68.69K $68.82K | 0.4 | 0.0%/ 10.0% | 1d | Severe | |||
Prosperity protocol Hyperliquid | 504.0% | -83.0% | -96.9% | -1.9 | 77.1% | -97.6% | USDC | $37.35K $37.60K | 1.2 | 0.0%/ 10.0% | 1d | Severe | |||
Realist Capital Hyperliquid | 436.5% | -99.0% | 148.2% | -2.4 | 143.4% | -76.4% | USDC | $132.70K $812.63K | 1.6 | 0.0%/ 10.0% | 1d | Severe | |||
Growi_test Hyperliquid | 395.3% | 98.1% | 30.0% | 2.1 | 39.9% | -14.0% | USDC | $14.77K $15.04K | 0.7 | 0.0%/ 10.0% | 1d | Severe | |||
gTrade (Gains Network USDC) Gains Network | 394.9%* | 14.4%* | 34.9%* | 0.6 | 32.1% | -12.2% | USDC | $3.08M $25.32M | 2.8 | 0.0%/ 0.0% | 18h | Unknown | |||
Elsewhere Hyperliquid | 361.2% | 666.9% | -15.8% | 3.0 | 82.5% | -94.3% | USDC | $801.20K $1.78M | 2.3 | 0.0%/ 10.0% | Private | Severe | |||
V4 Alpha Quantum Hyperliquid | 356.5% | 338.0% | 43.9% | 2.5 | 74.9% | -27.8% | USDC | $34.14K $35.13K | 0.6 | 0.0%/ 10.0% | 1d | Severe | |||
Danny Ocean Hyperliquid | 283.8% | 61.2% | 81.3% | 1.6 | 37.0% | -27.5% | USDC | $51.03K $51.03K | 1.5 | 0.0%/ 10.0% | 1d | Severe | |||
Larp Capital_LLC Hyperliquid | 281.9% | -44.3% | -72.7% | -1.2 | 41.9% | -91.6% | USDC | $15.70K $157.38K | 1.8 | 0.0%/ 10.0% | 1d | Severe | |||
Alphageddon Hyperliquid | 263.8% | 5.4% | 0.3% | 0.4 | 25.2% | -19.8% | USDC | $13.90K $14.13K | 0.6 | 0.0%/ 10.0% | 1d | Severe | |||
Buyback Spread Engine Hyperliquid | 177.8% | 1,947.6% | 181.6% | 3.9 | 93.9% | -53.5% | USDC | $28.40K $46.81K | 1.2 | 0.0%/ 10.0% | 1d | Severe | |||
Reservoir Opportunity Vault Share Unknown vault protocol | 170.8%* | --- | 10.4%* | 102.8 | 1.0% | 0.0% | USDC | $148.60M $148.60M | 0.1 | --- | Unknown | Unknown | |||
[ Systemic Strategies ] ♾️ HyperGrowth ♾️ Hyperliquid | 140.9% | -18.7% | 56.2% | -0.7 | 26.0% | -45.4% | USDC | $5.96M $14.64M | 1.1 | 0.0%/ 10.0% | 1d | Severe | |||
HighFDV Hyperliquid | 125.7% | -63.6% | -61.8% | -1.3 | 62.8% | -91.1% | USDC | $12.84K $13.08K | 2.5 | 0.0%/ 10.0% | 1d | Severe | |||
Finanzgoblins DeFi Selection Enzyme | 117.1% | 732.9% | -58.9% | 2.6 | 102.2% | -84.4% | USDC | $126.54K $338.25K | 4.0 | 1.8%/ 10.0% | Unknown | Low | |||
$NIKEPIG's Massive Rocket Algo Hyperliquid | 105.7% | -53.1% | -65.6% | -1.0 | 57.2% | -75.8% | USDC | $14.65K $35.80K | 0.8 | 0.0%/ 10.0% | 1d | Severe | |||
Passivbot Canon Hyperliquid | 93.2% | 49.2% | 31.1% | 3.1 | 14.5% | -13.8% | USDC | $32.39K $32.56K | 1.1 | 0.0%/ 10.0% | 1d | Severe | |||
K3 Capital Cluster Euler | 92.4% | 91.7% | 99.0% | 6.2 | 10.6% | 0.0% | USDC | $52.92K $7.77M | 1.5 | 0.0%/ 10.0% | Instant | Negligible | |||
ETH Funding Rate Vault Unknown vault protocol | 91.2%* | 459.6%* | 4,344.8%* | 7.0 | 25.2% | -18.3% | USDC | $21.20K $21.33K | 1.5 | --- | Unknown | Unknown | |||
Apostro Resolv Euler | 87.1% | 87.4% | 51.8% | 7.0 | 8.9% | 0.0% | USDC | $20.87K $2.87M | 1.8 | 0.0%/ 10.0% | Capped | Negligible | |||
gTrade (Nova USDC) Gains Network | 82.5%* | --- | 5.3%* | 4.2 | 14.2% | 0.0% | USDC | $206.68K $207.13K | 0.09 | 0.0%/ 0.0% | 18h | Unknown | |||
acat.work Hyperliquid | 79.4% | 81.0% | 12.9% | 3.5 | 18.8% | -20.7% | USDC | $59.15K $66.21K | 0.9 | 0.0%/ 10.0% | 1d | Severe | |||
Hindenburg Short Alpha Hyperliquid | 75.5% | 471.5% | 42.9% | 4.3 | 45.6% | -39.5% | USDC | $14.95K $22.02K | 1.8 | 0.0%/ 10.0% | 1d | Severe | |||
HyperProfit {PRO} Hyperliquid | 72.7% | 96.2% | -80.2% | 2.8 | 27.9% | -96.4% | USDC | $13.96K $83.19K | 2.4 | 0.0%/ 10.0% | Private | Severe | |||
Orbit Value Strategies Hyperliquid | 72.1% | -45.1% | -3.6% | -2.6 | 22.2% | -22.6% | USDC | $1.38M $3.27M | 0.9 | 0.0%/ 10.0% | 1d | Severe | |||
Jade Lotus Capital Hyperliquid | 67.5% | 184.7% | 72.9% | 1.5 | 110.2% | -57.2% | USDC | $878.24K $1.22M | 1.4 | 0.0%/ 10.0% | 1d | Severe | |||
Cold Process Hyperliquid | 66.7% | 150.7% | 143.1% | 3.1 | 34.0% | -13.6% | USDC | $224.08K $237.03K | 0.7 | 0.0%/ 10.0% | 1d | Severe | |||
HRT Enzyme | 63.3% | 29.9% | 20.7% | 2.3 | 11.7% | -61.6% | USDC | $51.09K $66.15K | 1.8 | 0.5%/ 0.0% | Private | Low | |||
BULBUL2DAO Hyperliquid | 61.7% | 92.6% | 168.8% | 1.5 | 60.4% | -65.6% | USDC | $408.33K $528.56K | 1.9 | 0.0%/ 10.0% | 1d | Severe | |||
reverse mid curver Hyperliquid | 60.8% | -27.8% | -30.4% | -1.7 | 17.8% | -33.7% | USDC | $157.91K $396.28K | 0.9 | 0.0%/ 10.0% | 1d | Severe | |||
HYPErQuantum4 Hyperliquid | 58.8% | 65.7% | 77.6% | 6.6 | 8.4% | -17.8% | USDC | $40.41K $40.41K | 1.2 | 0.0%/ 10.0% | 1d | Severe | |||
[ Systemic Strategies ] L/S Grids Hyperliquid | 55.5% | -0.4% | 87.2% | 0.2 | 41.3% | -32.8% | USDC | $10.50M $18.03M | 1.7 | 0.0%/ 10.0% | 1d | Severe | |||
Muchacho USDC Lagoon Finance | 54.8% | 71.9% | 14.3% | 2.7 | 20.8% | 0.0% | USDC | $1.18M $1.18M | 0.3 | 0.0%/ 0.0% | Private | Low | |||
BuffX Yield Aggregator Unknown vault protocol | 54.2%* | 41.4%* | 14.1%* | 4.1 | 8.5% | 0.0% | USDC | $559.35K $559.35K | 0.5 | --- | Unknown | Unknown | |||
HyperNeutral #1 Hyperliquid | 53.9% | 12.2% | 25.5% | 0.9 | 14.9% | -7.9% | USDC | $83.29K $126.07K | 1.3 | 0.0%/ 10.0% | Private | Severe | |||
Apostro BSC Euler | 53.8% | 53.6% | 30.1% | 7.7 | 5.6% | 0.0% | USDC | $13.59K $2.86M | 1.5 | 0.0%/ 10.0% | Capped | Negligible | |||
bullmarket tings Hyperliquid | 51.9% | 336.5% | -88.7% | 2.3 | 82.8% | -93.9% | USDC | $45.61K $158.94K | 2.0 | 0.0%/ 10.0% | Private | Severe | |||
Atoma Index Atoma | 50.4% | 4.8% | 5.1% | 0.7 | 10.3% | -3.5% | USDC | $151.72K $151.72K | 0.5 | 0.0%/ 20.0% | 7d | Severe | |||
kusa Hyperliquid | 49.4% | 31.6% | -74.8% | 3.0 | 10.3% | -77.0% | USDC | $22.51K $23.33K | 3.0 | 0.0%/ 10.0% | 1d | Severe | |||
Peaches USD Unknown vault protocol | 49.3%* | 51.4%* | 48.1%* | 136.6 | 0.3% | 0.0% | USDC.e | $17.25K $17.25K | 0.8 | --- | Unknown | Unknown | |||
Superlend USD Unknown vault protocol | 48.7%* | 25.0%* | 19.0%* | 3.3 | 6.8% | 0.0% | USDC | $59.18K $3.06M | 1.7 | --- | Unknown | Unknown | |||
Titan Vault Hyperliquid | 48.2% | 59.7% | 9.6% | 6.4 | 8.1% | -77.5% | USDC | $29.11K $29.11K | 1.4 | 0.0%/ 10.0% | 1d | Severe | |||
Goon Edging Hyperliquid | 47.4% | 9.2% | 77.7% | 0.4 | 44.7% | -50.3% | USDC | $108.99K $183.36K | 1.7 | 0.0%/ 10.0% | 1d | Severe | |||
Autopilot USDC Ethereum IPOR Fusion | 42.8% | 17.6% | 11.9% | 3.0 | 5.4% | -0.0% | USDC | $27.29K $983.00K | 1.4 | 0.3%/ 2.0% | Instant | Low | |||
Pharaoh USDC 40acres | 42.4% | 32.3% | 22.5% | 24.7 | 1.1% | 0.0% | USDC | $634.28K $2.69M | 1.3 | 0.0%/ 0.0% | Unknown | Low | |||
Hyper5 Hyperliquid | 38.7% | -63.3% | -3.8% | -1.7 | 51.5% | -28.2% | USDC | $11.01K $11.02K | 0.8 | 0.0%/ 10.0% | 1d | Severe | |||
texasHedge D2 Finance | 35.8% | 12.6% | 44.2% | 2.0 | 5.9% | 0.0% | USDC | $320.58K $320.58K | 0.7 | 0.0%/ 20.0% | 72d | High | |||
Aerodrome USDC 40acres | 31.6% | 28.9% | 32.8% | 21.0 | 1.2% | 0.0% | USDC | $5.65M $12.30M | 1.7 | 0.0%/ 0.0% | Unknown | Low | |||
Clearstar Prime Euler | 30.8% | 13.5% | 5.1% | 8.6 | 1.5% | -0.1% | USDC | $200.56K $771.46K | 0.8 | 0.0%/ 10.0% | Capped | Negligible | |||
Velodrome USDC 40acres | 30.8% | 23.4% | 28.7% | 37.1 | 0.6% | 0.0% | USDC | $639.52K $1.87M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
NEMO USDC Yield Upshift | 29.3% | 28.5% | 8.3% | 15.5 | 1.6% | -0.3% | USDC | $14.52M $14.52M | 0.3 | 2.0%/ 20.0% | 30d | Severe | |||
Harvest: USDC Vault (0xC777) Harvest Finance | 28.0% | 25.4% | 19.0% | 21.5 | 1.0% | 0.0% | USDC | $1.75M $4.41M | 1.4 | 0.0%/ 0.0% | Instant | Low | |||
Algomatic Vault Share Unknown vault protocol | 27.5%* | 43.1%* | 73.5%* | 11.9 | 3.0% | -42.8% | USDC | $42.12K $42.17K | 0.9 | --- | Unknown | Unknown | |||
Stash 40acres Unknown vault protocol | 27.4%* | --- | 2.9%* | 14.5 | 1.7% | 0.0% | USDC | $37.75K $37.75K | 0.1 | --- | Unknown | Unknown | |||
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