YieldNest Monthly Report – ynUSDx (February 2026)
Vault Asset: ynUSDx
Vault Chain: Ethereum Chain
Vault Type: MAX
Vault Launch Date: June 2025
Period Covered: February 1 – February 28, 2026
Report Date: March 1, 2026
1. Executive Summary
ynUSDx is YieldNest’s MAX product deployed on Ethereum Chain. It auto-compounds USD yield through DeFi-native strategies, offering liquid exposure and ETH L1 settlement.
Return accrues as the value of ynUSDx increases relative to USDC.
2. Vault Overview Report (as of March 1, 2026)
Monthly Overview Report
- Vault TVL: $502,857.21
- APY stats from February:
- 2026-02-21 - 2026-02-28: 7.00%
- 2026-02-01 - 2026-02-28: 5.64%
3. Strategy Breakdown (as of March 1, 2026)
| Asset / Strategy | Allocation | Protocol | Description |
|---|---|---|---|
| USDC | 1.39% | – | Freshly deposited USDC, held as idle capital and ready to be deployed into yield or arbitrage strategies. |
| USDC Lending | 0.01% | Morpho | Earns yield by lending USDC on Morpho with Gauntlet risk management, while supporting instant withdrawals for ynUSDx. |
| USDC Lending | 64.78% | Euler | Earns yield by lending USDC on Euler, enabling borrowing against ynRWAx. |
| USDC Arbitrage | 20.08% | YieldNest | Delta-neutral arbitrage strategy that compounds protocol and market incentives while maintaining USDC exposure. |
| Super USDC | 0.34% | Superform | Optimizes USDC returns across blue-chip Ethereum lending protocols by automatically rebalancing between vaults using predictive on-chain data. |
| f(x) USD Saving | 13.40% | f(x) Protocol | fxSAVE is a high-yield, auto-compounding delta-neutral stablecoin vault managed by f(x) Protocol. |
4. Security & Risk Monitoring
Audited Completed:
On-Chain Protections:
- ERC-4626 modular vaults
- Strategy whitelisting via Guard Engine
- Proxy upgrade system
- Bounded execution for slashing/misallocation defense
5. Notable Events This Month
6. Outlook & Strategy Notes
- Optimized reward collection to improve yield efficiency and auto-compounding