
10% discount
The USDC FLOAT pool on Arrakis V1 (Ethereum) currently yields 0.62% APY with $61.0K in total value locked. Deposit your USDC, FLOAT and earn passive DeFi yield — no KYC, no lockup, self-custodied.
By APY Hub · Reviewed by Ankit Sharma ·
Start Earning 0.62%Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

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Historical APY and TVL data for USDC FLOAT, 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.
The USDC FLOAT pool is a decentralized yield-generating position managed by the Arrakis V1 protocol on the Ethereum blockchain. Depositors provide USDC, FLOAT 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 0.62% APY and $61.0K in total value locked, this pool represents an active liquidity opportunities in the Ethereum 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.
Yield in USDC FLOAT comes from trading fees and protocol activity (0.62% base APY). This fee-based yield is more sustainable than token-emission models since it directly reflects real economic activity through the pool.
Unlike centralized staking on exchanges, your deposit in USDC FLOAT is secured by Arrakis V1's open-source smart contracts on Ethereum. 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.
This pool suits investors who already hold USDC, FLOAT 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.
Follow these steps to start earning 0.62% APY in the USDC FLOAT pool. The entire process takes 15–30 minutes for first-time DeFi users.
| Step | Action | Details & Tips |
|---|---|---|
| 1 | Buy USDC, FLOAT | Purchase on Bybit, BINGX, or MEXC. Choose the Ethereum network for withdrawal to save bridging fees. |
| 2 | Set up a wallet | Install MetaMask or use a Ledger hardware wallet. Add the Ethereum network if not auto-detected. |
| 3 | Get Ethereum for gas | Buy a small amount of Ethereum's native token to pay transaction fees (usually $1–10 worth). |
| 4 | Connect to Arrakis V1 | Visit the official Arrakis V1 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. |
On Ethereum, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 0.62% APY, a $294626 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.
Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the USDC FLOAT pool. Read carefully before depositing.
| 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 Arrakis V1's audit history before depositing. |
| Liquidity Risk | 🟡 Monitor | Lower TVL means larger deposits may face slippage on entry/exit. Check current depth before depositing. |
| Protocol Risk | 🟡 Verify audits | Review Arrakis V1's documentation, audit reports, and community reputation before committing large positions. |
The current APY for the USDC FLOAT pool on Arrakis V1 is 0.62%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Arrakis V1 interface before depositing, as rates can shift significantly within hours.
The total value locked (TVL) in the USDC FLOAT pool is currently $61.0K. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.
Acquire USDC, FLOAT on a CEX like Bybit or BINGX, withdraw to a Ethereum-compatible wallet, visit the official Arrakis V1 interface, connect your wallet, and deposit into the USDC FLOAT pool. Your yield begins accruing immediately.
Arrakis V1 is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Arrakis V1's audit history before depositing significant funds.
Connect your wallet to the Arrakis V1 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 Ethereum network.
Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

10% discount

Fast delivery