USDT/MATIC Quickswap
About USDT/MATIC Quickswap
USDT/MATIC Quickswap is an LP-token autocompounder on Polygon, with USDT paired with MATIC in the underlying LP position. The strategy provides liquidity to the USDT/MATIC pool on Quickswap and earns yield from both trading fees on the pair and dQUICK emissions distributed to liquidity providers.
Any claimed dQUICK rewards are automatically converted into more of the underlying LP position and added back to the vault, removing the manual claim and conversion steps a user would otherwise need to perform on their own. 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 February 2024. Currently indexed at $1K TVL across 34 holders, with a 0.00% 24-hour APY and 0.00% across the trailing 30 days.
Performance Overview
Historical indexer data. Past onchain performance is not a predictive forecast.
Market benchmarking
Among the 12 USDT strategies we currently monitor, this product ranks #12. Its 0.00% yield runs 100.0% lower than the cohort average of 3.29%. On a $1,000 position, that's ~$2.74 per month lower than the cohort average. 11 strategies in the cohort are currently delivering higher APY. It currently holds $1K in TVL, ranking #3 of 12 by TVL.
Ecosystem context
On Polygon, this product's yield runs 100.0% lower than the network average across the USDT strategies we monitor. By APY it ranks #3 of 3 in that set. Yields on Polygon for USDT have averaged 1.13% in our index.
By TVL, this product ranks #2 of 3 USDT strategies on Polygon in our index.
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 $1K, 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 compounded at an annualized rate of 59.94% over 727 days, growing from 1.0000 to 2.5482. This represents a gain of ~1.548 USDT per 1 USDT supplied at launch.
- TVL experienced a 89% drawdown from its $11K peak, bottoming at $1K over 547 days. It currently stands at $1K, 11% of the peak value.
Historical statistics
Total value locked currently sits at $1K, which is 11% of its all-time peak of $11K reached on December 2024.
APY
| Lifetime avg (727d) | 45.12% |
|---|
TVL
| Current TVL | $1K |
|---|---|
| Lifetime avg (727d) | $4K |
Historical Data
| Date | APY |
|---|---|
| Mar 21, 2026 | 0.00% |
| Dec 6, 2025 | 29.48% |
| Dec 3, 2025 | 47.93% |
| Nov 30, 2025 | 19.23% |
| Nov 26, 2025 | 3.31% |
| Nov 18, 2025 | 15.91% |
| Nov 11, 2025 | 30.18% |
Strategy details
Frequently Asked Questions
What's the current APY for USDT/MATIC Quickswap?
USDT/MATIC Quickswap is showing a 24-hour APY of 0.00%, with a 30-day average of 0.00%. Rates are variable and move with trading volume on the USDT/MATIC pair, the dQUICK emission schedule, and overall liquidity in the pool. The figures reflect the realised yield over the trailing window; they are not a forward guarantee.
How does the autocompounding work?
The strategy holds an LP position in the USDT/MATIC pool on Quickswap and periodically claims any dQUICK rewards that accrue. Those rewards are then converted in the proportions needed to add liquidity back into the same pool, increasing the size of the LP position held by the vault and the value of each holder's share. The process repeats automatically; holders are not required to claim, swap, or add liquidity 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 pool holds enough liquidity to satisfy the request, exits are instant. During periods of low pool liquidity, 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 comes from two sources. First, trading fees on the USDT/MATIC pool on Quickswap: every swap between the two assets pays a fee, a share of which accrues to liquidity providers. Second, dQUICK emissions distributed by Quickswap to incentivise liquidity in the pool, which the strategy claims and adds back into the position. Both move with conditions: trading fees scale with volume, and emissions scale with the platform's emission schedule.
How stable has the APY been?
There isn't yet enough 30-day APY history to score stability for this vault. The Strategy stability section above will populate once a meaningful window of records is available.
How much is currently in the vault?
The vault currently holds $1K in TVL across 34 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 the underlying Quickswap pool, and protocol-specific risks of the assets it holds. Because the position holds both USDT and MATIC, the value of the position also moves with the relative price of the two assets in the pair: when the two prices diverge, the LP position is worth less than holding the two tokens separately would have been. This is commonly referred to as impermanent loss. dQUICK rewards partially offset this, but the offset is not guaranteed and depends on emission rates and the magnitude of price divergence. Harvest's core vault infrastructure was audited by Halborn in January 2025. Audits reduce but do not eliminate risk.
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Latest data point: June 9, 2026 (1 day 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.
