Wrapped NLP: USDC
Merkl campaignMerkl•Vault•Stablecoins
elevated risk
Net APRi
12.00%
- Base APR
- n/a
- Reward APR
- 12.00%
- ↳ WMON
- 12.00%
- Net APR
- 12.00%
TVLi
$628
Updated
29d ago
5.8
Risk breakdown
low confidence
Protocolweight 35%
60/100Assetweight 35%
65/100Yieldweight 15%
35/100Liquidityweight 15%
59/100History
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 $628; 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.