Aave pays lenders a rate that rises and falls with demand to borrow. On-Chain Yield deposits 1,000 USDC from your wallet while Aave's USDC rate is 4% a year or more, and withdraws everything, interest included, once it falls below 2.5%. Between the two rates it leaves things as they are, and it waits while gas is above 20 gwei.
What it costs
This strategy is open on every plan. What it trades is fixed by its design, so every plan runs the same scope; Standard is free.
Recommended minimum vault: Standard · See all store pricing →
How it works
The strategy runs on an Ethereum vault, your own wallet. Every round it reads Aave's yearly supply rate for USDC. When the rate is at or above your deposit rate and nothing is deposited yet, it deposits the amount you pick, first allowing Aave to take the USDC if needed. When the rate falls below your withdraw rate, it withdraws everything deposited, interest included. Between the two rates it leaves things as they are, and it waits while gas is above your limit. The platform has to register the Aave pool, the USDC token and Aave's USDC deposit token for the vault.
Key Features
Strategy profile
A snapshot of how this strategy behaves and who it suits, not a forecast of returns.
These are our assessments of strategy character, not user-specific performance figures.
Lending on chain carries risks an exchange account does not: a flaw in Aave's contracts, USDC losing its peg, or a mistake in the wallet setup can cost the deposit. Every approval, deposit and withdrawal pays gas, so small amounts can lose more in fees than they earn. The profile starts with a placeholder wallet address; enter the vault's own address before it runs.
All figures on this page are simulated or historical backtest results, shown for information and education only. They are not real customer results, they do not include your specific fees and slippage, and past performance does not guarantee future returns. Your capital is at risk.
Frequently Asked Questions
Quick glossary
Definitions for the trading terms used on this page.
- Backtest
- A simulation of how a strategy would have performed on historical price data. Past results never guarantee future returns - markets change.
- Slippage
- The difference between the price you expect and the price you actually get when an order fills. Worse on illiquid pairs and during fast markets.
- Spread
- The gap between the best buy price (bid) and the best sell price (ask). Tight spreads = liquid market, wider spreads = more cost per round trip.
- Stop-loss
- An automatic exit order that closes a losing position when price hits a chosen threshold. Caps how much one bad trade can hurt you.
- Take-profit
- An automatic exit order that closes a winning position once price reaches a chosen target. Locks in gains without relying on you to watch the chart.
- Volatility
- How sharply price moves. High volatility = bigger swings in both directions, which means more opportunity but also more drawdown risk.
Want your USDC lent on chain while it pays?
Start with a small amount, watch the first deposit and withdrawal on the strategy page, and raise it once the plan reads the way you expect.
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