Yield Clearstar USDC
90% of this vault is in exotic / elevated-risk collateral, earning +98 bps over a plain USDC vault.
The High Yield Clearstar USDC vault aims to provide liquidity to volatile and frontier assets on Base. Potential higher volatility markets mean higher implied risks in exchange for high yields. This vault has automated reallocation to maximize APR within static risk parameters and also monitors active on-chain risks through the use of Hypernative to reduce exposure to collaterals that might be at risk of suffering exploits.
The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.
Cap-weighted utilization is 87.5%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.
Primary loan or collateral asset is a stablecoin. A sustained depeg below 99 cents impacts NAV and disables liquidation routing for non-USD collateral.