Ask about Quell
Logo of QuellQuell
Total Value Locked< $0.0001

TVL by Chain

Arbitrum< $0.0001

Base$0

Protocol Information

Quell is an ERC-4626 USDC yield vault on Base that routes deposits into the Steakhouse USDC MetaMorpho vault via Morpho for RWA-backed yield. Net APY ~3.33% after 0.2% management fee + 10% performance fee. Fees are split 60/40 between QUELL token stakers and treasury

CategoryYield
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Methodology

TVL: TVL is the total USDC deposited in the Quell ERC4626 RWAVaults, measured via totalAssets(). The protocol launched on Base in 2025 routing into the Steakhouse USDC MetaMorpho vault, then migrated to Arbitrum One in March 2026 where it routes into Spark sUSDC. Historical Base + early Arbitrum vaults are retained for chain TVL history; the live yield route on the current Arbitrum RWAVault is Spark sUSDC.View code on GitHub

Competitors

Spark Savings ($2.053b)Pendle ($1.39b)Stake DAO ($115.95m)Multipli.fi ($55.77m)Spectra V2 ($42.48m)Convex Finance ($556.11m)AUTOfinance ($41.66m)Zoo Finance ($38.88m)Aura ($20.15m)Royco V1 ($19.01m)