Overview

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Overview

L2Pass Liquid Yield is a non-custodial yield product that enables users to earn yield on stablecoin liquidity without lockups or withdrawal cooldowns. The protocol is designed to:

• Maximize capital efficiency
• Preserve full liquidity at all times
• Abstract underlying DeFi interactions through a simplified user experience

In its current version, L2Pass Liquid Yield operates on the TRON network, targeting the largest USDT liquidity environment. Users deposit USDT (TRC20) into the L2Pass Smart Liquid Vault, which programmatically routes liquidity through established on-chain mechanisms to generate yield. While the yield strategy is abstracted from the user, all accounting and interactions remain transparent and verifiable on-chain. Additional networks and yield sources may be supported in future versions.

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Key Properties

• No lockups
• No withdrawal cooldowns
• Non-custodial by design
• Automated yield routing
• On-chain transparency
• NFT-based position accounting
• Weekly reward distribution

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Fees

• No deposit fees
• No withdrawal fees (excluding PSM conversion spread)
• No protocol performance fees in the current version *A performance fee applied only to yield may be introduced in future versions via protocol parameters

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Yield Sources (USDT Strategy on TRON)

Primary Yield Source

• USDD lending yield generated through JustLend

Secondary Incentives

• Weekly incentive distributions from L2Pass and/or JustLend

Future roadmap considerations include:

• Cross-chain yield aggregation
• Dynamic strategy optimization

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Learn more

Explore the core documentation for L2Pass Liquid Yield.

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