What changed
APY rose from 7.63% to 17.75%, a 10.12 percentage-point increase, while TVL increased from $404,799 to $413,547, up $8,748 or 2.2%. DefiLlama’s reward-token label changed from sUP only to USDC+sUP. Portals also showed roughly 18.83% APY, roughly $414.99K TVL, and +$12,556.34 one-day flow, broadly corroborating the current level.
Why it matters
The APY increase is large relative to the TVL change, while base APY remains 0.00%, indicating the change is driven by the reward layer rather than organic carry.
Evidence
- DefiLlama — superNVDA: 17.75% supply APY, 0.00% base APY, 17.75% reward APY labeled USDC and sUP, TVL $413,547.
- Portals — NVDA SuperVault: 18.83% APY, $414.99K TVL, and +$12,556.34 1d flow.
Limitations
The observed public pages do not establish the exact start or restart time, route eligibility, end conditions, or whether all displayed rewards accrue to every route. The two data providers differ by roughly one percentage point in displayed APY and may refresh at different times. Risks also include Superform vault/strategy/routing contracts, NVDAc issuer/custody/redemption/eligibility, and the 24/5 equity market versus 24/7 Base price-gap risk.
Disclosure
This is a public-market observation and does not constitute investment advice.