RaydiumOpen at source4.89%
4.56%
4.46%
$1.9M
Already have a position?
Connect to see its value, earnings, activity, and live risk.
Strategy overview
Provide USDC/USDT liquidity through Raydium. Your position earns trading fees when users swap between the two pool assets.
- How it works:
- You deposit both pool assets into a DEX market. Traders swap against that liquidity, and the fees they pay accrue to liquidity providers; rewards may add extra yield.
- What you hold:
- LP shares representing your contribution to the USDC/USDT pool and the fees it has earned.
- Who runs it:
- Raydium — live since 2021 · audited by 2 firms · recovered from a past incident
Position details
- APY Now
- 4.89%
- 7D Avg
- 4.56%
- 30D Avg
- 4.46%
- TVL
- $1.9M
- Pool Pair
- USDC – USDT
- Underlying Tokens
USDC–
USDT- Pool Type
- Raydium CLMM (concentrated)
- Tick Spacing
- 1
- Bins / Pools
- 2
- Fee APR
- 4.89%
- Pool Fee
- 0.01%
- 24h Volume
- $2,598,739.25
Lower risk · Grade A
20/100
- Control over the protocol's code matters — upgradeable behind a multisig (threshold undisclosed).
- Recovered from a past exploit (funds were returned).
- The strategy is more complex than plain lending — a two-token pool adds moving parts that can each go wrong.
Strategy
- Strategy type35
Two-token pool
- Leverage0
No leverage.
- Yield source40
Yield comes from trading fees.
- Pool usage0
Not a utilization-driven product.
- Pool size31
~$1.9M pool.
- Lock-up & yield stability12
30d APR volatility 3.8pp.
What can go wrong
- If either asset loses its peg, the pool can leave you holding more of the weaker asset.
- Concentrated positions stop earning fees while the market price sits outside their selected range.
- Yield varies with trading volume, fee rates, and any temporary reward emissions.
The assets
What your deposit is held in, and how steady its value is.
- Backing model10
USDC: fiat-backed.
- Peg history6
USDC: worst recorded peg deviation informs this score (12 recorded event(s)).
- Issuer size0
USDC: ~$70.4B market cap.
- Exit liquidity0
USDC: ~$379.2M DEX depth.
- Token age0
USDC: live since 2018.
- Freeze authority35
USDC: issuer can freeze token accounts.
These rows show USDC. The overall score counts the weaker token on each measure.
About USDC
Each asset in this position — what it is, how reliable it is, and any past depegs.
By Circle. Backed 1:1 by cash and short-term US Treasuries held in regulated reserves. · Live since 2018
- ·Worst deviation from $1 peg: 0.17% (tracked window).
- ·Held its peg 99.8% of the time.
Past depeg events
Token notes & warnings
- Freezable — The authority's owner has the ability to freeze your token account, preventing you from further trading
- Mintable — The authority's owner has the ability to mint more tokens
The team and protocol behind this, and their track record.
Provides two-sided liquidity to a stablecoin pair via CLMM (concentrated) or standard AMM pools, earning a share of swap fees.
- Admin controls45
Upgradeable behind a multisig (threshold undisclosed).
- Exploit history45
Recovered from a past exploit (funds were returned).
- Track record0
Live for ~69 months.
- Price feeds10
Pool-priced AMM — no external price-feed dependency.
- Scale0
$972.4M TVL — battle-tested at scale.
- Safety reserves · no data40
No disclosed treasury/insurance backstop.
- Bug bounty15
Live bug bounty up to $505k.
- Audits0
Audited (OtterSec, MadShield).
How we rate risk
Stablecoin strategies get a 0–100 risk score (lower is safer) built from three areas — Protocol (audits, incident history, track record and admin controls), Strategy (leverage, lock-ups, pool size and yield source) and Asset (the token's peg record, backing, and exit liquidity) — weighted by strategy type — and the weakest area can push the overall number higher (riskier) on its own. The score maps to a grade: A ≤ 22, B ≤ 35, C ≤ 50, D ≤ 70, E above. Grades compare opportunities within our stablecoin catalog — an A is the strongest thing we list (blue-chip stablecoin lending), not a promise of safety. Live events (an active depeg, a reported exploit, a sharp deposit outflow) override the score immediately. Where we lack data, the factor says so and scores cautiously. Non-stablecoin opportunities are not rated. A comparison aid, not advice.
Risk levels are Akashi's own assessment to help you compare opportunities — not financial advice or a safety guarantee. Every DeFi position carries smart-contract and market risk.
Non-custodial · Akashi never holds your funds