Apollo Crypto will oversee the yield strategy behind
#mEVUSD , a new USDC-denominated tokenized product created in collaboration with Midas and Everstake, aimed at institutional stablecoin investors.
The strategy targets 7–12% annual returns by combining diversified DeFi lending across protocols such as Aave, Morpho, and Pendle, along with market-neutral basis trading, with Apollo serving as the risk manager.
mEVUSD will initially be offered to institutional clients in the EU and selected jurisdictions, reflecting a broader push to deliver higher on-chain yields beyond traditional tokenized money market funds.
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