diff --git a/x/incentive/keeper/querier.go b/x/incentive/keeper/querier.go
index 197ddd49..f94352ee 100644
--- a/x/incentive/keeper/querier.go
+++ b/x/incentive/keeper/querier.go
@@ -493,7 +493,10 @@ func GetAPYFromMultiRewardPeriod(
 	// Get USD value of collateral type
 	collateralUSDValue, err := k.pricefeedKeeper.GetCurrentPrice(ctx, getMarketID(collateralType))
 	if err != nil {
-		return sdk.ZeroDec(), err
+		return sdk.ZeroDec(), fmt.Errorf(
+			"failed to get price for incentive collateralType %s with market ID %s: %w",
+			collateralType, getMarketID(collateralType), err,
+		)
 	}
 
 	// Total USD value of the collateral type total supply
@@ -524,9 +527,22 @@ func GetAPYFromMultiRewardPeriod(
 }
 
 func getMarketID(denom string) string {
-	if denom == types.BondDenom {
-		// Rewrite "ukava" to "kava" as pricefeed only has "kava" and not "ukava"
-		return getMarketID("kava")
+	// Rewrite denoms as pricefeed has different names for some assets,
+	// e.g. "ukava" -> "kava", "erc20/multichain/usdc" -> "usdc"
+	// bkava is not included as it is handled separately
+
+	// TODO: Replace hardcoded conversion with possible params set somewhere
+	// to be more flexible. E.g. a map of denoms to pricefeed market denoms in
+	// pricefeed params.
+	switch denom {
+	case types.BondDenom:
+		denom = "kava"
+	case "erc20/multichain/usdc":
+		denom = "usdc"
+	case "erc20/multichain/usdt":
+		denom = "usdt"
+	case "erc20/multichain/dai":
+		denom = "dai"
 	}
 
 	return fmt.Sprintf("%s:usd:30", denom)
diff --git a/x/incentive/keeper/querier_test.go b/x/incentive/keeper/querier_test.go
index a37725aa..2076fbff 100644
--- a/x/incentive/keeper/querier_test.go
+++ b/x/incentive/keeper/querier_test.go
@@ -30,6 +30,13 @@ func (suite *QuerierTestSuite) TestGetStakingAPR() {
 	liquidStakedTokens := int64(60_000_000_000000)
 	totalSupply := int64(289_138_414_286684)
 
+	usdcDenom := "erc20/multichain/usdc"
+	usdcSupply := int64(2_500_000_000000)
+
+	earnKeeper := newFakeEarnKeeper().
+		addVault("bkava-asdf", earntypes.NewVaultShare("bkava-asdf", sdk.NewDec(liquidStakedTokens))).
+		addVault(usdcDenom, earntypes.NewVaultShare(usdcDenom, sdk.NewDec(usdcSupply)))
+
 	suite.keeper = suite.NewTestKeeper(&fakeParamSubspace{}).
 		WithDistrKeeper(
 			newFakeDistrKeeper().setCommunityTax(communityTax),
@@ -44,20 +51,14 @@ func (suite *QuerierTestSuite) TestGetStakingAPR() {
 		WithBankKeeper(
 			newFakeBankKeeper().setSupply(sdk.NewCoin(types.BondDenom, sdk.NewInt(totalSupply))),
 		).
-		WithEarnKeeper(
-			newFakeEarnKeeper().
-				addVault("bkava-asdf", earntypes.NewVaultShare("bkava-asdf", sdk.NewDec(liquidStakedTokens))),
-		).
+		WithEarnKeeper(earnKeeper).
 		WithLiquidKeeper(
 			newFakeLiquidKeeper().addDerivative(suite.ctx, "bkava-asdf", sdk.NewInt(liquidStakedTokens)),
 		).
 		WithPricefeedKeeper(
 			newFakePricefeedKeeper().
-				setPrice(
-					pricefeedtypes.NewCurrentPrice(
-						"kava:usd:30",
-						sdk.MustNewDecFromStr("1.5"),
-					)),
+				setPrice(pricefeedtypes.NewCurrentPrice("kava:usd:30", sdk.MustNewDecFromStr("1.5"))).
+				setPrice(pricefeedtypes.NewCurrentPrice("usdc:usd:30", sdk.OneDec())),
 		).
 		Build()
 
@@ -87,16 +88,47 @@ func (suite *QuerierTestSuite) TestGetStakingAPR() {
 					sdk.NewCoin("ukava", sdk.NewInt(190258)),
 				),
 			},
+			{
+				Active:         true,
+				CollateralType: "erc20/multichain/usdc",
+				Start:          suite.ctx.BlockTime().Add(-time.Hour),
+				End:            suite.ctx.BlockTime().Add(time.Hour),
+				RewardsPerSecond: sdk.NewCoins(
+					sdk.NewCoin("ukava", sdk.NewInt(5284)),
+				),
+			},
 		},
 	}
 
-	aprWithIncentives, err := keeper.GetStakingAPR(suite.ctx, suite.keeper, params)
-	suite.Require().NoError(err)
-	// Approx 10% increase in APR from incentives
-	suite.Require().Equal(sdk.MustNewDecFromStr("0.280711113729177500"), aprWithIncentives)
+	suite.Run("GetStakingAPR", func() {
+		aprWithIncentives, err := keeper.GetStakingAPR(suite.ctx, suite.keeper, params)
+		suite.Require().NoError(err)
+		// Approx 10% increase in APR from incentives
+		suite.Require().Equal(sdk.MustNewDecFromStr("0.280711113729177500"), aprWithIncentives)
 
-	suite.Require().Truef(
-		aprWithIncentives.GT(aprWithoutIncentives),
-		"APR with incentives (%s) should be greater than APR without incentives (%s)",
-	)
+		suite.Require().Truef(
+			aprWithIncentives.GT(aprWithoutIncentives),
+			"APR with incentives (%s) should be greater than APR without incentives (%s)",
+		)
+	})
+
+	suite.Run("GetAPYFromMultiRewardPeriod", func() {
+		vaultTotalValue, err := earnKeeper.GetVaultTotalValue(suite.ctx, usdcDenom)
+		suite.Require().NoError(err)
+		suite.Require().True(vaultTotalValue.Amount.IsPositive())
+
+		apy, err := keeper.GetAPYFromMultiRewardPeriod(
+			suite.ctx,
+			suite.keeper,
+			usdcDenom,
+			params.EarnRewardPeriods[1],
+			vaultTotalValue.Amount,
+		)
+		suite.Require().NoError(err)
+		suite.Require().Equal(
+			sdk.MustNewDecFromStr("0.099981734400000000"),
+			apy,
+			"usdc apy should be approx 10%",
+		)
+	})
 }