Yearn v3 USDC Vault (yvUSDC-1) stablecoin analytics
yvUSDC is a Yearn v3 ERC-4626 vault routing USDC through whitelisted strategies, currently concentrated in the Sky ecosystem (sUSDS and Spark Lend).
Static Profile
Static stablecoin profile
Yearn v3 USDC Vault (yvUSDC-1) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Variant Relationship
Yearn v3 USDC Vault (yvUSDC-1) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated May 15, 2026
Canonical Yearn v3 USDC vault routing through Aave, Compound, Morpho, and Sky; ~$30M Ethereum AUM with queue-based withdrawals and centralized strategy selection. yvUSDC-1 is the canonical Yearn v3 USDC vault: an ERC-4626 yield-bearing share token whose price appreciates...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- USDC allocated by the Yearn v3 strategy allocator across Yearn-whitelisted yield strategies selected by Yearn governance; as of the latest review the funded allocation is concentrated in the Sky ecosystem (sUSDS savings and Spark Lend), the Morpho leg having been revoked
- Peg Mechanism
- ERC-4626 Yearn v3 vault shares accrue value against USDC as the underlying strategies generate yield; redemptions return USDC subject to the v3 queue and strategy liquidity
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is yvUSDC-1 safe?
Pharos does not mark yvUSDC-1 as absolutely safe. Static metadata says Yearn v3 USDC Vault uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety yvusdc-yearn
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
yvUSDC-1 quick answers
What is Yearn v3 USDC Vault (yvUSDC-1)?
yvUSDC is a Yearn v3 ERC-4626 vault routing USDC through whitelisted strategies, currently concentrated in the Sky ecosystem (sUSDS and Spark Lend). The static profile records its US Dollar peg mechanism as: ERC-4626 Yearn v3 vault shares accrue value against USDC as the underlying strategies generate yield; redemptions return USDC subject to the v3 queue and strategy liquidity
What backs yvUSDC-1?
Pharos classifies yvUSDC-1 backing as Crypto-Collateralized. Collateral, per the static profile: USDC allocated by the Yearn v3 strategy allocator across Yearn-whitelisted yield strategies selected by Yearn governance; as of the latest review the funded allocation is concentrated in the Sky ecosystem (sUSDS savings and Spark Lend)... Reserve evidence: live reserve feed configured.
Can yvUSDC-1 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for yvUSDC-1, when applicable, appear in the dossier below.