Low-Risk Yield Options During Market Volatility

In April 2025, global financial markets experienced severe fluctuations due to new tariff policies. Trump announced the implementation of "reciprocal tariffs" on major trading partners, setting a baseline tariff of 10% and imposing higher rates on specific countries. This decision triggered a strong market reaction, with the S&P 500 losing $5.8 trillion in market value in just four days, setting a historical low. Bitcoin's price also fluctuated violently between $80,000 and $90,000.

Federal Reserve Chairman Powell stated that tariffs could drive up inflation and suppress economic growth, but the Fed will not intervene in the market by cutting interest rates, instead focusing its policy on long-term data. Several large investment banks have raised their expectations for the probability of a recession in the U.S. In this market environment, how should investors respond? Low-risk yield products based on stablecoins may be a good choice, and below we will introduce four such products.

It is important to note that the following content is for reference only and does not constitute investment advice. Investors should conduct their own research and bear the corresponding risks.

Spark Saving USDC (Ethereum)

Users can deposit USDC into the Spark platform to participate in savings. The earnings mainly come from the Sky Savings Rate (SSR), supported by income generated from cryptocurrency collateral loan fees, U.S. Treasury investments, and liquidity provision to other platforms. USDC is exchanged for USDS at a 1:1 ratio through the Sky PSM to earn income deposited into the SSR vault, and the value of sUSDC tokens increases as earnings accumulate.

Risk assessment: Low. The stability of USDC is high, and Spark has undergone multiple audits to reduce the risk of smart contracts. However, attention should still be paid to the potential impact of market volatility on liquidity.

Berachain BYUSD|HONEY (Berachain)

Users can provide liquidity for the BYUSD/HONEY liquidity pool on Berachain's native DEX BEX. The earnings mainly come from BGT rewards and trading fees within the pool. BGT is Berachain's non-transferable governance token, which can be burned 1:1 for BERA, and share the revenue from core dApp fees.

Risk Assessment: Low to Medium. BYUSD and HONEY are stablecoins, with relatively stable prices. Berachain's PoL mechanism has been professionally audited, and the risk of smart contracts is low. However, BGT rewards may fluctuate due to emission adjustments.

Uniswap V4 USDC-USDT0 (Uniswap V4)

Users can provide liquidity for the USDC/USDT pool on Uniswap V4 through investment aggregation platforms. Uniswap V4 introduces the "hook" mechanism, allowing developers to customize pool functionalities, such as dynamic fee adjustments and automatic rebalancing, to enhance capital efficiency and yield potential.

Risk assessment: Low to moderate. The USDC/USDT pool is a stablecoin pair, with lower price fluctuation risks, but attention should be paid to smart contract risks and the potential decline in returns after the incentive period ends.

Echelon Market USDC (Aptos)

Users can deposit USDC into the liquidity pool of the Aptos mainnet on the Echelon Market platform to participate in supply. Earnings include USDC supply interest and Thala's thAPT rewards. thAPT is Thala's deposit certificate, which can be exchanged for APT at a 1:1 ratio.

Risk Assessment: Low to Moderate. USDC has high stability, but attention should be paid to the smart contract risks in the Aptos ecosystem and the impact of thAPT redemption fees on returns. Instant withdrawal offers high liquidity, but market volatility may affect the value of thAPT rewards.

Summary

During the current period of market volatility, these low-risk yield products based on stablecoins may provide investors with a relatively safe choice. However, each product has its unique risk and return characteristics, and investors should make choices based on their own risk tolerance and investment objectives. At the same time, it is also crucial to keep a close eye on market dynamics and product performance.