Market-makes the USDC/USDT 0.01% pool on Uniswap v3 with Lobster's automated engine, earning swap fees around the $1 peg with no directional crypto exposure.
Chain
Ethereum
Deposit Token
USDC
Total deposited
$1.16M
Net APR
ALL14.16%
30D14.16%
7D15.49%
Strategy
The vault provides concentrated liquidity to the USDC/USDT 0.01% pool on Uniswap v3, in a tight band around the $1 peg, and rebalances the range as the pair drifts, earning swap fees on near-par flow. Positions are sized and rebalanced by Lobster's automated market-making engine; σ-Labs holds custody, values the book from on-chain state and settles twice daily (10:00 and 22:00 UTC). Both legs are dollar stablecoins, so the vault carries no directional crypto exposure: its main risks are a USDC/USDT de-peg and rebalancing costs. Every role and position is verifiable on-chain.