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Wrapped NLP: USDC
Merkl campaignMerkl•Vault•Stablecoins
elevated risk
Net APRi
0.00%
- Base APR
- n/a
- Reward APR
- 12.00%
- ↳ WMON
- 12.00%
- Net APR
- 12.00%
TVLi
$638
Updated
12s ago
5.8
Risk breakdown
composite of four axes. Higher is safer.low confidence
Scored per-pool. The same pair on another protocol or at a different TVL can score differently.
Protocolweight 35%
60/100- Protocol: track record (audits, age, TVL, hack history).
- Audits: no public audits
- Age: battle-tested (>2 years)
- Protocol TVL: not available (excluded from score)
Assetweight 35%
65/100- Asset: quality of the underlying tokens + impermanent-loss risk of the pair.
- Tokens: wNLP-USDC=B*
- (* heuristic match, symbolic fallback)
- Exposure: single-asset (no IL)
Yieldweight 15%
35/100- Yield: how sustainable the APR is (real fees/staking vs token incentives).
- Yield: pure incentive emissions (transient)
Liquidityweight 15%
59/100- Liquidity: how easily you can exit (protocol mechanics + this pool's depth).
- default. Assume on-demand withdraw (base 75)
- Pool depth: very thin exit liquidity (<$25k)
History
Deposit on MerklOpen pool ↗
Underlying tokens
About this pool
Wrapped NLP: USDC is a yield vault on Merkl: you deposit once and the vault runs a multi-step strategy (compounding, rebalancing, claiming rewards) on your behalf for a performance fee.
TVL is thin (<$100k) at $638; our risk score rates it 5.8/10 (elevated-risk) and net APR is 12.00%. The underlying is a stablecoin or MON-native asset, so directional risk is minimal: your main concern is protocol-level risk (smart-contract bugs, oracle failure, governance) rather than price volatility.
Click Open pool ↗ to deposit on Merkl's own site. The APR shown here refreshes every 5 minutes from the protocol's feed (or directly on-chain when no public feed exists). Bookmark this page if you want to track changes over time.