Deposit USDC into Aave V3's $2.0B reserve — lent against blue-chip ETH/BTC/stable collateral on proven liquidation machinery (S1 FLAT x P1); the only ding is 89.7% utilization (highest of the giant stables, ~10% withdrawable now), so a+ 96 minus 2 = A+ 94.
Risk profile
- ProtocolAaveA⁺ (95)
- StrategySingle-asset lendingA⁺ (96)
- Collateralno collateral flagA (90)
- Liquidity10.3% withdrawable at snapshotC⁺ (58)
- Governanceno flags foundA (92)
- Concentrationtop-5 = 21.64%A⁻ (85)
- Exposureblue-chip ETH/BTC/stable drawable set
Profile shown. The grade is computed with hard caps, not an average of these axes. Risks
- Medium
Reserve utilization 89.73%
the highest among the giant stables; in a coordinated withdrawal/borrow-spike, only ~$206.96M (10.27%) is instantly withdrawable before the IRM forces rates up and a withdrawal queue forms (the structural pooled-lending exit risk, priced by the -2 band).
- Low
Withdrawal liquidity is a function of borrower repayment, not idle cash
~90% of supplied USDC is lent against ETH/BTC/stable collateral and frees only as loopers/borrowers repay or are liquidated; a sharp collateral drawdown could stress redemptions even though the drawable set is blue-chip.
- Low
Bad-debt socialization is pool-wide
a liquidation shortfall on ANY drawable collateral (e.g. an LST/LRT depeg cascade) accrues to all USDC suppliers, not just the offending market — Aave's deep audits + 1d/7d executor timelocks + 5-of-9 Guardian mitigate but do not eliminate this.
What makes the score
- AnchorS1 single-asset lending × P1 institutional96
- Adjustmentsutilization withdrawal liquidity −2−2
- Score / 100Composite grade A+94
- −2 · utilization_withdrawal_liquidity
Contract & governance
- Contract age
- —
- Audited
- YesOpenZeppelin, Trail of Bits, ABDK Consulting, Spearbit, SigmaPrime, MixBytes, Peckshield, Certora
- Verified
- —
- Depositor concentrationShare of the vault held by the top 5 wallets. Lower = more distributed. High concentration means one large depositor exiting can drain liquidity.
- —
- Depeg risk
- known-safe
- Stablecoin safety (Pharos)Pharos.watch grades major stablecoins; this token isn't in their coverage. Shown verbatim from Pharos — not a Yeelds score.
- Not graded by Pharos
- Admin key
- —
Audited
