YIELD
HIGH RISK · 7/10
● Verified by CRR
Supply COREUSDT0 to mystic-finance-lending for 16.29% APY on Flare
N/A
Updated recently · Source: defillama
Est. first-hour value
—
$100 test · 25 min setup
APY
N/A
Volatile · incentive-driven
Test capital
$100
Suggested minimum
Risk score
7 / 10
High risk
The deal
What you do
Earn lending yield on Flare by supplying COREUSDT0 to mystic-finance-lending, with a headline 16.29% APY and about $20.2M TVL in the pool.
Why it's 7/10 risk
- mystic-finance-lending is being used for a Flare lending pool, but the source data provided does not include provenance details like governance, insurance, or operating history.
- No audit reports, audit dates, or coverage scope are provided here, so you must independently verify security reviews for the lending contracts.
- Even with ~$20.2M TVL reported for the pool, liquidity/utilization can still shift and affect effective yield and withdrawal experience.
Minimum viable path
Hold required asset · amount varies by participant
→ 25 min setup → 3-day test period
→ expected ~$1.43 before APY decay
Activity Rules Snapshot
| Headline lending APYVerified | 16.29% APY |
| Pool TVL on FlareVerified | $20.2M |
| DefiLlama snapshot TVL (market_data) | $148,088,256 |
| DefiLlama snapshot APY (market_data) | 8.11643% APY |
How to participate
01 Confirm you can use Flare and the COREUSDT0 market
Check you have a Flare-compatible wallet and sufficient COREUSDT0 (or the ability to acquire it) for supplying into the mystic-finance-lending COREUSDT0 market.
02 Supply COREUSDT0 to mystic-finance-lending on Flare
Open the lending pool page for mystic-finance-lending on Flare and choose the COREUSDT0 lending market, then deposit COREUSDT0 to start earning the displayed APY.
03 Verify your supplied position and accrual
After depositing, confirm the transaction succeeded and that your supplied balance appears in the wallet/pool UI so you can monitor interest accrual.
04 Withdraw to recover COREUSDT0 when needed
Use the pool’s withdraw function when you want to exit; verify the received asset amount and any fees/spread reflected by the protocol UI.
Risk breakdown
Weighted average of 6. Every factor is a risk score — higher means worse, same direction as the total. See rubric →
LEGEND: 1–3 LOW · 4–6 MED · 7–10 HIGH
| Factor | Score | Reasoning |
|---|---|---|
| Legitimacy |
6/10
|
mystic-finance-lending is being used for a Flare lending pool, but the source data provided does not include provenance details like governance, insurance, or operating history. |
| Audits |
7/10
|
No audit reports, audit dates, or coverage scope are provided here, so you must independently verify security reviews for the lending contracts. |
| Liquidity |
6/10
|
Even with ~$20.2M TVL reported for the pool, liquidity/utilization can still shift and affect effective yield and withdrawal experience. |
| Token unlocks |
1/10
|
This is a lending supply position rather than a token-vesting campaign, so there is no explicit reward unlock cliff indicated. |
| Concentration |
5/10
|
Concentration risk exists if the lending market relies on a small set of borrowers or assets, but exact borrower concentration is not stated. |
| Regulatory |
4/10
|
The activity is on-chain DeFi lending and does not reference explicit regulatory restrictions, but jurisdictional compliance risk remains for participants. |
WEIGHTED SCORE
7 / 10
Regenerated on every primary-source change.
Before You Participate
- APY can change quickly: the pool’s displayed 16.29% headline may not match future rates (market_data shows 8.11643% at the time of fetch).
- Lending yield exposes you to lending/credit risk and smart-contract risk; if borrowers default or contracts fail, supplied COREUSDT0 may be impaired.
- TVL and utilization can shift: lower liquidity in the lending market can reduce effective yield and affect withdrawal experience.
- COREUSDT0 balance risk: if COREUSDT0 has its own market mechanics (pricing/pegs/transfer behavior), you carry that risk in addition to the lending contract risk.
✓ Who it's for
- Users comfortable taking smart-contract and lending/credit risk for yield
- DeFi users already holding COREUSDT0 who want to supply on Flare for yield
✗ Not for
- Conservative users seeking low-volatility, near risk-free returns
- Users who need predictable withdrawal timing or want explicit clarity on lending terms/lockups
Affiliate disclosure.
Some outbound links on this page are affiliate links — we may earn a small commission if you sign up, at no extra cost to you.
Rankings are never paid.
Affiliate status never affects an opportunity's score or position.
Read our full policy →
Frequently asked questions
What does supplying COREUSDT0 to mystic-finance-lending mean?
It means you deposit COREUSDT0 into the lending market on Flare so the protocol can lend it to borrowers; you earn interest as APY.
Is 16.29% APY guaranteed?
No. APY is a snapshot/estimate and can change with utilization, borrower demand, and protocol parameters; market_data shows a different APY figure at the time of retrieval.
What determines how much I earn?
Your deposit size and the pool’s current interest rate dynamics; if rates drop or liquidity/utilization changes, your earned yield will also change.
Can I withdraw anytime?
Most lending markets allow withdrawals, but execution, timing, and received amounts can vary based on liquidity and protocol mechanics; check the pool UI for withdrawal behavior.
Resources
Primary source
defillama — defillama.com