Exploring Stable Income Strategies Amid Market Volatility

In April 2025, global financial markets were thrown into turmoil due to Trump's tariff policy. 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 policy triggered a strong market reaction, with the S&P 500 losing $5.8 trillion in market value within just four days, marking the largest single-week loss in over 70 years. Bitcoin's price also experienced significant fluctuations between $80,000 and $90,000.

In the face of such an uncertain market environment, how should investors respond? This article will introduce four low-risk yield products based on stablecoins, providing investors with options for stable returns during turbulent times.

Spark Saving USDC (Ethereum)

Investors can deposit USDC through the Spark platform to participate in the Savings USDC product. The returns of this product come from the Sky Savings Rate (SSR), supported by revenues generated from cryptocurrency collateral loan fees, investments in U.S. Treasury bonds, and providing liquidity to liquidity protocols. USDC is exchanged at a 1:1 ratio for USDS deposited in the SSR treasury to earn returns, and the value of sUSDC tokens increases as returns accumulate.

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

Berachain BYUSD|HONEY (Berachain)

Investors can provide liquidity for the BYUSD/HONEY pool on the Berachain BEX platform. The earnings mainly come from BGT rewards and transaction fees within the pool. BGT is the non-transferable governance token of Berachain, which can be burned 1:1 for BERA and share the fee income of core dApps.

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

Uniswap V4 USDC-USDT0 (Uniswap V4)

Through the Merkl platform, investors can provide liquidity for the USDC/USDT pool on Uniswap V4. Uniswap V4 introduces a "hook" mechanism that allows for customized pool features such as dynamic fee adjustments and automatic rebalancing, enhancing capital efficiency and yield potential.

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

Echelon Market USDC (Aptos)

Investors can participate in supplying in the USDC liquidity pool on the Aptos mainnet through the Echelon Market platform. 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 within the Aptos ecosystem and the impact of thAPT redemption fees on returns.

Summary

During periods of market volatility, stablecoin yield products provide investors with a relatively safe haven. The four products mentioned above each have their own characteristics, allowing investors to choose based on their risk preferences and investment goals. However, even low-risk products carry potential risks, and investors should carefully assess and manage these risks.

Please note that this article is for reference only and does not constitute investment advice. Investors should conduct their own research and bear the corresponding risks.