Ethereum Icon
ETH
Amethyst
Recommended Deposit
1 Month
Risk
Moderate
Underlying Asset
LUSD Icon
LUSD
Protocol
Liquity
This metavault
a close-up of a server room
places a trailing stop
loss order on all collateral obtained at a
discount from liquidations and compounds
your deposit periodically
a white clock on a white surface
.
This metavault
a close-up of a server room
places a trailing stop
.
loss order on all collateral obtained at a
discount from liquidations and compounds
your deposit periodically
a white clock on a white surface
.
.
amth arrow icon
Imagine this
You deposit your crypto
1
USDC Icon
USDC
LUSD Icon
LUSD
DAI Icon
DAI
Ethereum IconUSDC IconLUSD IconDAI IconLUSD Icon
Convert
curve fee + slippage
LUSD Icon
LUSD
2
Deposit into the stability pool with frequent checks
3
When there's a liquidation, the backend places a stop loss order
4
Then, liquidation profits are distributed as yield between users on Sandclock
Yield
a woman with long hair
You
Sandclock Logo
Sandclock
Your yield is split between your allocation
You get to
Wallet Icon
Keep
40%
Hand Icon
Donate
20%
Allocate Icon
Allocate
40%

How our strategy works

Your yield consists of interest earned from Liquity’s stability pool liquidations.
Liquity
Probabilistic APY Cloud
Yield Chart
This metavault places a trailing stop loss order on all collateral obtained at a discount from liquidations and compounds your deposit periodically.
Liquity
Strategy
Strategy Data
This is an example graph not real data.
This strategy is suited for bear markets or times of high volatility.
APR (%)
LUSD Chart
$1.6M
↗ 42.4%
Our Share
last 30d
$104M
↗ 4.40%
Liquity TVL
last 30d
Your yield consists of interest earned from Liquity’s stability pool liquidations.
Liquity
Probabilistic APY Cloud
Yield Chart
This metavault places a trailing stop loss order on all collateral obtained at a discount from liquidations and compounds your deposit periodically.
Liquity
Strategy
Strategy Data
This is an example graph not real data.
This strategy is suited for bear markets or times of high volatility.
APR (%)
LUSD Chart
$1.6M
↗ 42.4%
Our Share
last 30d
$104M
↗ 4.40%
Liquity TVL
last 30d
Liquity
Protocol Codebase Quality
A
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation
Protocol Maturity
A
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation
Protocol Design
A
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation
Blockchain Security
A
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation
Protocol Economics
Asset Liquidity
A
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation
Yield Outlook
B
Arrow Icon
Codebase reviewed by top tier auditors like Trail of Bits
No documented protocol exploits
Chainlink ETH/USD feeds to mitigate oracle price manipulation

Historical data of the strategy performance of last year

1,861,446
Total Value locked

TVL includes all the coins deposited in all the functions that DeFi protocols offer, including staking, lending, and liquidity pools.

TBA
All yield generated by the vault

Yield represents the excess of assets generated by this strategy.

%
Dynamic APY

Given that we cannot time when liquidations will take place, APY estimates based on historical performance can be inaccurate. Our probabilistic APY combines different historical data.

TBA
Amount of Metavaults created

All the metavaults created by our users since this strategy was deployed.

amth arrow icon

The Risk

It’s all risky. Here’s how users can incur a loss.

Liquidations

ETH goes down. A liquidation takes place and a trailing stop loss order is put in place. ETH's price drops faster than we check its price and that particular trade causes a small loss of principal.

Unknown smart contract exploit of our contracts, or the contracts of the underlying protocols.

Frequently asked
Questions

How many loans are made per day?
Arrow icon

The quantity of loans made per day vary depending on market conditions. Historically, bull markets have resulted in a higher average number of loan origination.

How frequent is yield distributed to users?
Arrow icon

Yield is distributed whenever either the trailing stop loss is activated, or a week has elapsed, whichever comes first.

How does Sandclock earn revenue?
Arrow icon

A performance fee is charged on the yield generated.

What’s the average collateralization on loans?
Arrow icon

The average collateralization on loans is <collateralization ratio> The MODE is much more important for yield though (if it's high, you can expect more frequent liquidations; but we do not currently have this number, though we can do it via dune or perhaps some backend work that should be fairly easy: it just fetches all active troves and respective LTV like trove1:LTV, rounds the LTV up (e.g. if 75, round up to 80), count instances of each (e.g. 80% LTV: 70 troves) and sort by most frequent.

Get started with Sandclock

Future generations will thank you for it.