USDC Aave
About USDC Aave
USDC Aave is an autocompounder on zkSync with USDC as its underlying token, in which the yield is distributed. It earns yield from its underlying lending venue and automatically converts any claimed rewards into more USDC, removing the manual claim and conversion steps a user would otherwise need to perform on their own.
Rewards earned by the strategy (ZK) are periodically converted into USDC and added back to the vault. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders rather than borne by each user individually.
Live since January 2025. Currently indexed at $251 TVL across 2 holders, with a 0.48% 24-hour APY and 0.48% across the trailing 30 days.
Performance Overview
Historical indexer data. Past onchain performance is not a predictive forecast.
Market benchmarking
USDC Theo Frontier
Arbitrum21.78%$16K#2USDC MEV PTs
Ethereum19.51%$10K#3USDC Api3 dCOMP V2Ethereum8.10%$151#59USDC Hypurr
HyperEVM0.62%$3USDC AaveYou are here
zkSync0.48%$251USDC ZeroLendzkSync0.38%$9#62USDC OpenEdenEthereum0.09%$51Among the 62 USDC strategies we currently monitor, this product ranks #60. Its 0.48% yield runs 91.0% lower than the cohort average of 5.34%. On a $1,000 position, that's ~$4.05 per month lower than the cohort average. 59 strategies in the cohort are currently delivering higher APY. It currently holds $251 in TVL, ranking #26 of 62 by TVL.
Ecosystem context
On zkSync, this product's yield runs 11.6% higher than the network average across the USDC strategies we monitor. By APY it ranks #1 of 2 in that set. Yields on zkSync for USDC have averaged 0.43% in our index.
USDC on zkSync#1 of 2See all 2 USDC strategies on zkSyncCurrently the top-yielding USDC opportunity on zkSync across the 2 products we monitor.
Yield trajectory
Historical indexer data. Past onchain performance is not a predictive forecast.
Strategy stability
Based on APY volatility over the last 30 days. Higher scores indicate steadier yields.
Insufficient APY history to score stability for this strategy yet. At least 5 daily observations in the last 30 days are required.
This strategy currently holds $251, below our $50K liquidity mark. Thin liquidity can mean higher slippage on entry and exit, and the headline yield can be skewed by a small number of holders.
Long-term performance
- Share price has grown 3.34% over 42 days, from 1.0000 to 1.0334.
- TVL experienced a 99% drawdown from its $66K peak, bottoming at $251 over 42 days. It currently stands at $251, <1% of the peak value.
Historical statistics
Total value locked currently sits at $251, which is <1% of its all-time peak of $66K reached on February 2025.
APY
| Lifetime avg (42d) | 16.97% |
|---|
TVL
| Current TVL | $251 |
|---|---|
| Lifetime avg (42d) | $32K |
Historical Data
Last data point: Mar 12, 2026 (3mo ago). Some on-chain data feeds update at different intervals.
| Date | APY |
|---|---|
| Mar 4, 2025 | 1.91% |
| Mar 3, 2025 | 15.65% |
| Mar 1, 2025 | 14.67% |
| Feb 28, 2025 | 12.56% |
| Feb 27, 2025 | 25.88% |
| Feb 26, 2025 | 25.32% |
| Feb 25, 2025 | 1.92% |
Strategy details
Frequently Asked Questions
What's the current APY for USDC Aave on zkSync?
USDC Aave on zkSync is showing a 24-hour APY of 0.48%, with a 30-day average of 0.48%. Rates are variable and move with market conditions, liquidity, and the underlying protocol's incentives. The figures reflect the realised yield over the trailing window; they are not a forward guarantee.
How does the autocompounding work?
The strategy holds positions in its underlying lending venue and periodically claims any rewards that accrue. Those rewards (ZK) are then converted into more USDC and added back to the vault, increasing the value of each holder's share. The process repeats automatically; holders are not required to claim, swap, or add anything back themselves. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders.
Can I withdraw at any time?
There are no withdrawal periods or lockups. If the underlying strategy holds enough liquidity to satisfy the request, exits are instant. During periods of liquidity stress in the underlying venue, withdrawal capacity can be limited until liquidity returns. See the risk page for details on how this works.
Where does the yield come from?
Yield is sourced from its underlying lending venue. The income stream is a combination of interest paid by the underlying market and reward emissions in ZK, which the strategy claims and converts back into USDC on a recurring basis. The rate moves with the underlying venue's utilisation and incentive schedule.
How stable has the APY been?
Over the last 30 days, this vault's APY has ranged from 0.11% to 61.63%, averaging 19.47%, with measured volatility of ±15.11%. The Strategy stability section above shows where this falls on the scale from very volatile to very consistent.
How much is currently in the vault?
The vault currently holds $251 in TVL across 2 holders. The Historical statistics section above shows how this compares to the vault's 30-day range and lifetime peak.
What are the risks?
Like any onchain yield strategy, this vault is exposed to smart contract risk in both the Harvest contracts and its underlying lending venue, market risk in the underlying venue it routes to, and protocol-specific risks of the assets it interacts with. Harvest's core vault infrastructure was audited by Halborn in January 2025. Audits reduce but do not eliminate risk.
Other USDC opportunities
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Links
Latest data point: March 12, 2026 (90 days ago)
Harvest is an independent onchain yield index. Performance data reflects historical onchain activity and is not a forecast. See the methodology, risk framework, terms, and disclosures for details on how data is calculated and the risks associated with onchain yield strategies.