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About This Pool
WMATIC-USDT is a lp yield pool on Steer Protocol, deployed on the Polygon network. It currently offers 37.02% annualized yield with $17.1K in total value locked. This pool is categorized as stablecoins. Risk level: high. Tracked since March 2026.
How This Pool Compares
WMATIC-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 37.02%.
The average USDT yield across comparable pools is 82.46%. This pool is below average by 45.44%, which may reflect a more conservative risk profile.
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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 ($17.1K), 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 WMATIC-USDT?
WMATIC-USDT currently offers 37.02% 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 $17.1K 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.