The APY (Annual Percentage Yield) represents the projected annual return on an investment or deposit, taking into account interest compounding.
Interest rates are dynamically adjusted based on several factors:
Market supply and demand
When there’s high demand for loans in a specific currency (for example, USDT or USDC), the system automatically increases the APY for lenders to encourage more users to provide liquidity. Conversely, if demand decreases or there’s an excess of supply, the APY is reduced accordingly.
Crypto market conditions
Volatility, overall market confidence, and major news events can influence interest rates — adjusting returns to reflect current risks and opportunities.
Asset or protocol risk
APY rates also take into account the inherent risk of the asset or protocol used for lending, adjusting yields to compensate investors for higher risk exposure.
To check the latest yields, click the following link.