HYUSD USDC — 2.10% APY Staking Pool

StablecoinMulti-asset

The HYUSD USDC pool on Kamino Liquidity (Solana) currently yields 2.10% APY with $1.04M in total value locked. Deposit your HYUSD, USDC and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma · Last reviewed: May 2026

Start Earning 2.10%

Pool Statistics

APY

2.10%

Base APY

2.10%

Reward APY

0.00%

TVL

$1.04M

Protocol

Kamino Liquidity

Chain

Solana

Tokens

HYUSDUSDC

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APY & TVL History

Historical APY and TVL data for HYUSD USDC, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.

About HYUSD USDC

The HYUSD USDC pool is a decentralized yield-generating position managed by the Kamino Liquidity protocol on the Solana blockchain. Depositors provide HYUSD, USDC liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.

With 2.10% APY and $1.04M in total value locked, this pool represents an active liquidity opportunities in the Solana DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.

How This Pool Generates Yield

Yield in HYUSD USDC comes from two sources: base APY of 2.10% from trading fees and lending activity, and reward APY of 0.00% from Kamino Liquidity protocol incentives paid in governance tokens. The base APY is more sustainable long-term; the reward APY depends on the token price and incentive program duration.

Unlike centralized staking on exchanges, your deposit in HYUSD USDC is secured by Kamino Liquidity's open-source smart contracts on Solana. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.

Who Should Use HYUSD USDC?

This pool suits investors who already hold HYUSD, USDC and want to put those assets to work beyond simply holding. As a stablecoin pool, it offers yield without price volatility risk on the principal — ideal for conservative DeFi participants.

How to Stake HYUSD, USDC in Kamino Liquidity

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Follow these steps to start earning 2.10% APY in the HYUSD USDC pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking HYUSD, USDC in Kamino Liquidity
Step	Action	Details & Tips
1	Buy HYUSD, USDC	Purchase on Bybit, BINGX, or MEXC. Choose the Solana network for withdrawal to save bridging fees.
2	Set up a wallet	Install MetaMask or use a Ledger hardware wallet. Add the Solana network if not auto-detected.
3	Get Solana for gas	Buy a small amount of Solana's native token to pay transaction fees (usually $1–10 worth).
4	Connect to Kamino Liquidity	Visit the official Kamino Liquidity app. Bookmark the URL. Never use links from DMs or social media.
5	Approve & deposit	Approve the token spend, confirm the deposit transaction. Yield starts accruing in the next block.
6	Track & harvest	Check back regularly. Some pools require manual reward claims — harvest and reinvest to maximize APY.

Gas Costs and Break-Even

On Solana, expect to spend approximately $0.01–$0.10 in gas for the deposit and withdrawal transactions combined. At 2.10% APY, a $86737 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — HYUSD USDC

Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the HYUSD USDC pool. Read carefully before depositing.

HYUSD USDC — Full Risk Analysis
Risk Factor	Level	Description
Impermanent Loss	✅ Low/None	Single-asset or stablecoin pool — impermanent loss risk is minimal or non-existent.
Asset Price Risk	🟢 Low	Stablecoin — principal value is stable regardless of crypto market moves.
Exposure Type	🟡 Multi Asset	Multi-asset exposure increases complexity. Understand how the pool rebalances before depositing.
Smart Contract	⚠️ Inherent	All DeFi protocols carry smart contract risk. Verify Kamino Liquidity's audit history before depositing.
Liquidity Risk	🟢 Adequate	$1.04M TVL supports normal-size positions without significant slippage.
Protocol Risk	🟡 Verify audits	Review Kamino Liquidity's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for HYUSD USDC?

The current APY for the HYUSD USDC pool on Kamino Liquidity is 2.10%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Kamino Liquidity interface before depositing, as rates can shift significantly within hours.

What is the TVL of HYUSD USDC?

The total value locked (TVL) in the HYUSD USDC pool is currently $1.04M. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in HYUSD USDC?

Acquire HYUSD, USDC on a CEX like Bybit or BINGX, withdraw to a Solana-compatible wallet, visit the official Kamino Liquidity interface, connect your wallet, and deposit into the HYUSD USDC pool. Your yield begins accruing immediately.

Is HYUSD USDC safe to use?

Kamino Liquidity is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Kamino Liquidity's audit history before depositing significant funds.

How do I withdraw from HYUSD USDC?

Connect your wallet to the Kamino Liquidity interface, navigate to your position, and select "Withdraw" or "Remove Liquidity." Your principal plus accrued yield returns to your wallet, minus gas fees on the Solana network.

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