OrcaOpen at source1.08%
1.05%
0.58%
$3.9M
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Strategy overview
Provide JupUSD/USDC liquidity through Orca. 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 JupUSD/USDC pool and the fees it has earned.
- Who runs it:
- Orca — live since 2021 · audited by 3 firms · no known incidents
Position details
- APY Now
- 1.08%
- 7D Avg
- 1.05%
- 30D Avg
- 0.58%
- TVL
- $3.9M
- Pool Pair
- JupUSD – USDC
- Underlying Tokens
JupUSD–
USDC- Pool Type
- Orca Whirlpool (concentrated)
- Tick Spacing
- 1
- Fee APR
- 1.08%
- Pool Fee
- 0.01%
Low–moderate risk · Grade B
27/100
- A smaller token is easier to destabilize — JupUSD: ~$43.7M market cap.
- Control over the protocol's code matters — upgradeable behind a multisig (threshold undisclosed).
- JupUSD has slipped off its target price before — that history is priced in here.
Strategy
- Strategy type35
Two-token pool
- Leverage0
No leverage.
- Yield source40
Yield comes from trading fees.
- Pool usage0
Not a utilization-driven product.
- Pool size22
~$3.9M pool.
- Lock-up & yield stability0
30d APR volatility 0.9pp.
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
JupUSD: rwa-backed.
- Peg history42
JupUSD: worst recorded peg deviation informs this score (7 recorded event(s)).
- Issuer size70
JupUSD: ~$43.7M market cap.
- Exit liquidity11
JupUSD: ~$18.9M DEX depth.
- Token age51
JupUSD: live since 2025.
- Freeze authority35
JupUSD: issuer can freeze token accounts.
These rows show JupUSD. The overall score counts the weaker token on each measure.
About JupUSD
Each asset in this position — what it is, how reliable it is, and any past depegs.
By Jupiter. Jupiter's dollar stablecoin (built with Ethena), backed by Ethena's USDtb — short-term US Treasuries held via BlackRock's BUIDL fund. · Live since 2025
- ·Worst deviation from $1 peg: 0.19% (tracked window).
- ·Held its peg 94.1% of the time.
- ·Small market cap — thinner liquidity makes a depeg more likely under stress.
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 Whirlpools' concentrated liquidity, earning a share of swap fees while the price stays in the chosen range.
- Admin controls45
Upgradeable behind a multisig (threshold undisclosed).
- Exploit history0
No known exploits.
- Track record0
Live for ~69 months.
- Price feeds10
Pool-priced AMM — no external price-feed dependency.
- Scale5
$278.1M TVL — limited adoption so far.
- Safety reserves · no data40
No disclosed treasury/insurance backstop.
- Bug bounty15
Live bug bounty up to $500k.
- Audits0
Audited (Neodyme, OtterSec, Kudelski).
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