LoopscalePoints

5.84%

Current APY

5.79%

7D avg

5.06%

30D avg

$1.5M

TVL

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Strategy overview

Deposit USDG into a Loopscale managed strategy. The vault deploys the capital, manages the position, and compounds its returns.

Low–moderate risk · Grade B

30/100

The strategy is more complex than plain lending — an automated looping vault adds moving parts that can each go wrong.
Where the return comes from adds risk — yield comes from over-collateralized lending.
100% of supplied liquidity is borrowed — when nearly everything is lent out, withdrawals can be delayed.

Strategy

risk 33/100

Strategy type30
Looped vault
Leverage0
No leverage.
Yield source45
Yield comes from over-collateralized lending.
Pool usage78
100% of supplied liquidity is borrowed.
Pool size34
~$1.5M pool.
Lock-up & yield stability0
30d APR volatility 0.4pp.

What can go wrong

Leverage amplifies losses as well as gains, and an adverse move can put the position near liquidation.
If the looped asset depegs, the vault's effective risk rises sharply.
Returns depend on the spread between the earned yield and the borrowing cost, which can compress.

The assets

risk 12/100

What your deposit is held in, and how steady its value is.

USDG

CG CMC

Backing model10
USDG: fiat-backed.
Peg history8
USDG: worst recorded peg deviation informs this score (2 recorded event(s)).
Issuer size9
USDG: ~$2.7B market cap.
Exit liquidity4
USDG: ~$33.9M DEX depth.
Token age32
USDG: live since 2024.
Freeze authority35
USDG: issuer can freeze token accounts.

About USDG

Each asset in this position — what it is, how reliable it is, and any past depegs.

USDGGlobal DollarStablecoin

Low Risk

CG CMC

By Paxos. Regulated dollar stablecoin issued by Paxos (Global Dollar Network), backed by cash and short-term US Treasuries. · Live since 2024

·Worst deviation from $1 peg: 0.24% (tracked window).
·Held its peg 99.9% of the time.

Peg adherence (7d): 99.5%Worst deviation (7d): 0.244%DEX liquidity: $33.9M

Audited: Yes — Attestations

Past depeg events

▼ $1.65 · 2025-01-30 — 65.44% above peg, recovered source
▼ $1.30 · 2025-01-30 — 29.61% above peg, recovered source

Show all 5

▼ $0.93 · 2025-02-28 — 6.80% below peg, recovered source
▼ $1.05 · 2024-11-21 — 5.38% above peg, recovered source
▼ $1.05 · 2024-11-27 — 4.99% above peg, recovered source

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Token notes & warnings

Permanent delegate — This token's owner has the ability to control this token, even if it is in your wallet
Freezable — The authority's owner has the ability to freeze your token account, preventing you from further trading
Mutable transfer fees — This token's transfer fees can be updated by the owner
Mintable — The authority's owner has the ability to mint more tokens

Who runs it

Loopscale X Docs DefiLlama

risk 34/100

The team and protocol behind this, and their track record.

Matches lenders and borrowers through an order book and curated vaults. Multiply positions loop a deposit against borrowed assets for higher yield.

Admin controls25
Upgradeable behind a 3/5 multisig.
Exploit history45
Recovered from a past exploit (funds were returned).
Track record55
Live for ~19 months.
Price feeds0
Multiple robust price feeds (Pyth, Switchboard, Chainlink, RedStone).
Scale16
$91.6M TVL — limited adoption so far.
Safety reserves · no data40
No disclosed treasury/insurance backstop.
Bug bounty15
Live bug bounty up to $250k.
Audits0
Audited (OShield, Sec3, Highland Security, Adevar Labs).

How we rate risk

Stablecoin strategies get a 0–100 risk score (lower is safer) built from three areas — Protocol (audits, incident history, track record and admin controls), Strategy (leverage, lock-ups, pool size and yield source) and Asset (the token's peg record, backing, and exit liquidity) — weighted by strategy type — and the weakest area can push the overall number higher (riskier) on its own. The score maps to a grade: A ≤ 22, B ≤ 35, C ≤ 50, D ≤ 70, E above. Grades compare opportunities within our stablecoin catalog — an A is the strongest thing we list (blue-chip stablecoin lending), not a promise of safety. Live events (an active depeg, a reported exploit, a sharp deposit outflow) override the score immediately. Where we lack data, the factor says so and scores cautiously. Non-stablecoin opportunities are not rated. A comparison aid, not advice.

Risk levels are Akashi's own assessment to help you compare opportunities — not financial advice or a safety guarantee. Every DeFi position carries smart-contract and market risk.

Non-custodial · Akashi never holds your funds

USDG OnRe Protected