Earn / USDT / SWCH-USDT
STE

SWCH-USDT

Steer Protocol Polygon LP High Risk
Updated 4m ago
APY Total
0.24%
Base: 0.24% + Reward: 0.00%
30d avg: 0.24%
TVL
$27.5K
Assets
2
Source
defillama

Pool Assets

SWCH
SWCH
underlying
USDT
USDT Tether USD
underlying RWA Details

Related RWA Assets

About This Pool

SWCH-USDT is a lp yield pool on Steer Protocol, deployed on the Polygon network. It currently offers 0.24% annualized yield with $27.5K in total value locked. This pool is categorized as stablecoins. Risk level: high. Tracked since March 2026.

How This Pool Compares

SWCH-USDT ranks #11 out of 328 USDT yield opportunities by APY.

The best available USDT yield is 118.89% on Uniswap V3, while this pool offers 0.24%.

The average USDT yield across comparable pools is 82.46%. This pool is below average by 82.22%, which may reflect a more conservative risk profile.

Similar USDT Pools

Pool Protocol APY Risk
ZEC-USDT Uniswap V3 118.89% Medium
USDT-RUBT Uniswap V4 111.86% Medium
ADA-USDT Uniswap V3 92.80% Medium
USDT-KGEN Uniswap V3 92.79% Medium
XPL-USDT Uniswap V3 90.78% Medium

Risk Considerations

  • Protocol risk: Steer Protocol smart contracts hold deposited funds. Audit status and TVL serve as trust indicators.
  • APY volatility: Yield rates are variable and change based on supply, demand, and incentive programs.
  • Liquidity risk: This pool has relatively low TVL ($27.5K), which may affect withdrawal availability during high-demand periods.
  • Smart contract risk: All DeFi protocols carry inherent smart contract risk. Consider diversifying across protocols and monitoring positions.

Frequently Asked Questions

What is the current APY for SWCH-USDT?

SWCH-USDT currently offers 0.24% annual percentage yield. It is a lp pool on Steer Protocol, deployed on the Polygon network. Rates are variable and updated in real time.

Is Steer Protocol safe for yield farming?

Steer Protocol is a DeFi protocol with a high risk rating. This pool holds $27.5K in total value locked, which provides some liquidity assurance. As with all DeFi protocols, users should consider smart contract risk, audit status, and market conditions before depositing funds. Diversifying across protocols and monitoring positions regularly is recommended.

SWCH-USDT is a lp pool on Steer Protocol, deployed on Polygon. The pool currently offers 0.24% annual yield. Total value locked is $27.5K. Assets involved: SWCH, USDT.