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USDM1-USDC (UniswapV3)

USDM1
DeFi poolOpen access· Platform: steer-protocol· Pays in: USDM1
source: StableLens reference & flow dataReport incorrect data

Frequently asked

Is USDM1-USDC (UniswapV3) FDIC or SIPC insured?

No. USDM1-USDC (UniswapV3) is a crypto earn product, not a bank deposit — the USDM1 is held and deployed by steer-protocol, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.

Where does the ~0% yield come from?

USDM1-USDC (UniswapV3) deploys the deposited USDM1 to generate the rate; it is variable, not fixed.

Is USDM1 safe?

USDM1 scores C/40 on StableLens compliance. That is a methodology classification, not a guarantee — see the USDM1 report for reserves, attestations, and peg history.

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