Wrapped Neverland USDT0 (wnUSDT0)

Merkl campaign

Merkl•Vault•Stablecoins

moderate risk

Open pool ↗

Net APRi

0.00%

Base APR: n/a
Reward APR: 1.98%
↳ nWMON: 1.98%
Net APR: 1.98%

TVLi

$4.41M

Updated

1m ago

6.7

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%

85/100

Asset: quality of the underlying tokens + impermanent-loss risk of the pair.
Tokens: wnUSDT0=A*
(* 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%

75/100

Liquidity: how easily you can exit (protocol mechanics + this pool's depth).
default. Assume on-demand withdraw (base 75)

History

Deposit on MerklOpen pool ↗

Underlying tokens

wnUSDT0

0x4e8aae…B04298

About this pool

Wrapped Neverland USDT0 (wnUSDT0) 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 healthy ($1M+) at $4.41M; our risk score rates it 6.7/10 (moderate-risk) and net APR is 1.98%. 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.

Related pools

Wrapped Neverland AUSD (wnAUSD)