Wrapped Neverland USDC (wnUSDC)

Merkl campaign

Neverland•Vault•Stablecoins

moderate risk

Open pool ↗

Net APRi

0.00%

Base APR: n/a
Reward APR: 2.02%
↳ nWMON: 2.02%
Net APR: 2.02%

TVLi

$1.29M

Updated

2m ago

7.3

Risk breakdown

composite of four axes. Higher is safer.

Scored per-pool. The same pair on another protocol or at a different TVL can score differently.

Protocolweight 35%

75/100

Protocol: track record (audits, age, TVL, hack history).
Audits: 2 audits
Age: established (<6 months) (since we first tracked the protocol)
Protocol TVL: high TVL (<$50M)

Assetweight 35%

85/100

Asset: quality of the underlying tokens + impermanent-loss risk of the pair.
Tokens: USDT0=A
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%

80/100

Liquidity: how easily you can exit (protocol mechanics + this pool's depth).
lending: instant withdraw (base 80)

History

Deposit on NeverlandOpen pool ↗

Underlying tokens

wnUSDC

0x8d5c2D…05f642

About this pool

Wrapped Neverland USDC (wnUSDC) is a yield vault on Neverland: you deposit once and the vault runs a multi-step strategy (compounding, rebalancing, claiming rewards) on your behalf for a performance fee.

TVL is healthy ($1M+) at $1.29M; our risk score rates it 7.3/10 (moderate-risk) and net APR is 2.02%. 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 Neverland'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.

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