The yield you cannot get
- steakUSDG holds $410M and will not accept a deposit, not even from its own holders
- ethenaUSDG holds $43.5M and is shut the same way
- Providing liquidity to the deepest stable pool paid 0.00% over fourteen days
One USDG vault. It routes to the only large USDG vault on this chain still open to deposits, and pays you what that actually earns.
Most of the yield on this chain cannot be reached. One vault can.
Every figure here is read from the chain or from a fourteen day sweep of every swap. Nothing on this page is illustrative.
Four steps, and none of them is a forecast.
One asset in, one share token out. The share is a plain ERC-20, so it stays usable elsewhere while it earns.
The deposit goes straight into spUSDG. The vault holds a position, not an opinion, and does not trade.
Price per share rises as the underlying vault earns. Your balance does not change, its value does.
Burn the share, take USDG back. No lockup is added on our side beyond whatever the underlying vault imposes.
The things a careful reader would find anyway, stated first.
This is a router, not a strategy. It does not try to beat the rate it finds, and it cannot earn more than the vault underneath it does. If you can reach spUSDG yourself, you do not need this.
The yield is somebody else's contract. spUSDG is third party. Its rate is theirs to change, its deposit door is theirs to close, and its risk is yours to carry.
The rate is measured, not fixed. 3.44% is what it paid over the sampling window shown above, on one day. This chain's node keeps about nine minutes of state, so a longer history cannot be read, only accumulated going forward.
At least six fake USDGs exist here, including an eighteen decimal one with six figures of holders. We pin the real address. Verify it yourself rather than trusting the symbol.
Nothing here is audited. The vault is live on mainnet and unaudited. It has taken real deposits and paid them back in full, but only ever a few dollars. It holds $0.00 right now.