Earn

Deposit USDC and Earn!

Nekodex Earn vaults are live! Earning yield with top DeFi protocols using your USDC has never been easier.

Just deposit USDC, and start earning 🙌

USDM Vault

USDM is not available to US residents, citizens or users located in the US.

Deposit USDC and receive USDM. USDM is a yield bearing stablecoin, meaning

  • It is pegged to the US dollar (1 USDM = $1 USD, assuming normal liquidity and market conditions)

  • While holding USDM, you'll automatically receive more USDM according to the current APY.

APY for the USDM vault is typically around 5%. Check in the Nekodex app to see the current APY.

Learn more about USDM, created by Mountain Protocol.

USDe Vault

Deposit USDC and receive yPT-USDe. This product uses Yearn's auto-rolling (auto-renewing) Pendle PT vault.

  • The vault pays interest in USDe, a US dollar-pegged stable coin from Ethena.

  • The value of the yPT-USDe you hold will increase over time to reflect your interest income.

Nekodex Earn makes it easy to earn yield from Pendle fixed-interest markets, and thanks to Yearn, your earnings aren't interrupted by expiry. Learn more about it.

Yearn risk statement

Read the Pendle Docs to learn about the associated risks. Withdrawals may result in a loss depending on withdrawal size and current market conditions.

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