USDC Clearstar Reactor V2
About USDC Clearstar Reactor V2
USDC Clearstar Reactor V2 is an autocompounder on Base with USDC as its underlying token, in which the yield is distributed. It earns yield from its underlying lending venue and automatically converts any claimed rewards into more USDC, removing the manual claim and conversion steps a user would otherwise need to perform on their own.
Rewards earned by the strategy (MORPHO) are periodically converted into USDC and added back to the vault. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders rather than borne by each user individually.
Live since July 2025. Currently indexed at $142 TVL across 8 holders, with a 2.65% 24-hour APY and 2.65% since launch.
Performance Overview
Historical indexer data. Past onchain performance is not a predictive forecast.
Market benchmarking
USDC Theo Frontier
Arbitrum21.78%$16K#2USDC MEV PTs
Ethereum19.51%$10K#3USDC Api3 dCOMP V2Ethereum8.10%$151#51USDC Aave
Polygon2.72%$457USDC Clearstar Reactor V2You are here
Base2.65%$142USDC Alpha Prime V2Base2.53%$31#62USDC OpenEdenEthereum0.09%$51Among the 62 USDC strategies we currently monitor, this product ranks #52. Its 2.65% yield runs 50.3% lower than the cohort average of 5.34%. On a $1,000 position, that's ~$2.24 per month lower than the cohort average. 51 strategies in the cohort are currently delivering higher APY. It currently holds $142 in TVL, ranking #28 of 62 by TVL.
Ecosystem context
On Base, this product's yield runs 47.1% lower than the network average across the USDC strategies we monitor. By APY it ranks #22 of 23 in that set. Yields on Base for USDC have averaged 5.01% in our index.
USDC on Base#22 of 23See all 23 USDC strategies on BaseBy TVL, this product ranks #11 of 23 USDC strategies on Base in our index.
Yield trajectory
Historical indexer data. Past onchain performance is not a predictive forecast.
Strategy stability
Based on APY volatility since launch. Higher scores indicate steadier yields.
Insufficient APY history to score stability for this strategy yet. At least 5 daily observations in the last 30 days are required.
This strategy currently holds $142, below our $50K liquidity mark. Thin liquidity can mean higher slippage on entry and exit, and the headline yield can be skewed by a small number of holders.
Long-term performance
- TVL experienced a 99% drawdown from its $816K peak, bottoming at $141 over 6 days. It currently stands at $142, <1% of the peak value.
Historical statistics
Tracked for 6 days. APY data is still accumulating; the first meaningful summary requires at least a week of readings.
Total value locked currently sits at $142, which is <1% of its all-time peak of $816K reached on October 2025.
APY
| Lifetime avg (6d) | 7.23% |
|---|
TVL
| 6D Low | $142 |
|---|---|
| 6D High | $80K |
| 6D Average | $48K |
| Lifetime avg (6d) | $350K |
| Median TVL | $60K |
| Best day | $80K · Jun 1 |
| Worst day | $142 · Jun 10 |
| Current TVL | $142 |
| Largest daily change | $34K |
Historical Data
| Date | APY |
|---|---|
| Jul 23, 2025 | 7.34% |
| Jul 21, 2025 | 9.99% |
| Jul 19, 2025 | 6.13% |
| Jul 17, 2025 | 5.44% |
Strategy details
Frequently Asked Questions
What's the current APY for USDC Clearstar Reactor V2?
USDC Clearstar Reactor V2 is showing a 24-hour APY of 2.65%, with an average of 2.65% since launch. Rates are variable and move with market conditions, liquidity, and the underlying protocol's incentives. The figures reflect the realised yield over the trailing window; they are not a forward guarantee.
How does the autocompounding work?
The strategy holds positions in its underlying lending venue and periodically claims any rewards that accrue. Those rewards (MORPHO) are then converted into more USDC and added back to the vault, increasing the value of each holder's share. The process repeats automatically; holders are not required to claim, swap, or add anything back themselves. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders.
Can I withdraw at any time?
There are no withdrawal periods or lockups. If the underlying strategy holds enough liquidity to satisfy the request, exits are instant. During periods of liquidity stress in the underlying venue, withdrawal capacity can be limited until liquidity returns. See the risk page for details on how this works.
Where does the yield come from?
Yield is sourced from its underlying lending venue. The income stream is a combination of interest paid by the underlying market and reward emissions in MORPHO, which the strategy claims and converts back into USDC on a recurring basis. The rate moves with the underlying venue's utilisation and incentive schedule.
How stable has the APY been?
Since launch, this vault's APY has ranged from 5.44% to 9.99%, averaging 7.23%, with measured volatility of ±1.74%. The Strategy stability section above shows where this falls on the scale from very volatile to very consistent.
How much is currently in the vault?
The vault currently holds $142 in TVL across 8 holders. The Historical statistics section above shows how this compares to the vault's range since launch and lifetime peak.
What are the risks?
Like any onchain yield strategy, this vault is exposed to smart contract risk in both the Harvest contracts and its underlying lending venue, market risk in the underlying venue it routes to, and protocol-specific risks of the assets it interacts with. Harvest's core vault infrastructure was audited by Halborn in January 2025. Audits reduce but do not eliminate risk.
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Latest data point: June 10, 2026 (19 hours ago)
Harvest is an independent onchain yield index. Performance data reflects historical onchain activity and is not a forecast. See the methodology, risk framework, terms, and disclosures for details on how data is calculated and the risks associated with onchain yield strategies.