Research

STETH Lending (Euler)

Euler · Ethereum · Lending

Obs · 57m ago

Total APY

0.02%

TVL

$3.4M

Observed risk

Insufficient

Rate

Base: 0.02%
Incentive: 0.0%
Fee: n/a
Total: 0.02%

Base 0.0175% · Incentive 0.0000%

Liquidity

TVL: $3,429,082
7D change: -2.3%
30D change: -14.9%

Risk

Insufficient evidence·Insufficient evidence confidence

Contract identity could not be verified.
An emergency pause authority exists with broad scope.

Risk methodology

Historical yield

Current: 0.02%
7D median: 0.02%
30D median: 0.02%
30D range: 0.02% to 0.02%
30D trend: -0.0%

Loading history

Loading 30-day APY history…

Where the yield comes from

The reported yield primarily comes from borrower interest paid into this lending market.

What can reduce the rate

Yield may fall if borrowing demand decreases or token incentives are reduced.

Risk detail

Yield.ly's risk assessment summarizes observable factors and data coverage. It is not an audit, credit rating, guarantee, or recommendation. Smart contracts, assets, protocols, custodians, and market conditions can fail in ways the model does not detect.

Watch

Contract identity could not be verified.
An emergency pause authority exists with broad scope.
Oracle appears to rely on a single manipulable source.
Contract identity could not be verified from authoritative sources.

Strengths

Predominantly base yield rather than token incentives.
Thirty-day observation history available.

Risk dimensions

Principal risks

Contract identity could not be verified.
An emergency pause authority exists with broad scope.
Oracle appears to rely on a single manipulable source.
Contract identity could not be verified from authoritative sources.
Overall evidence coverage is below the minimum required for a tier.

Exposure

Exposure type: Single asset
Assets: STETH

User deposits STETH. Funds enter Euler on ethereum. Euler depends on Chainlink oracle. Contracts are upgradeable or governance-controlled. Exit via withdrawal from lending market.

Exit conditions

Flexible withdrawal is typical for lending markets unless a lockup is reported.

Qualification notes

Meets Yield.ly's current requirements for default discovery where qualified. Learn how qualification works

Delayed data
Source data is delayed. The displayed rate may not reflect the latest provider observation.
Risk flag
Contract identity could not be verified from authoritative sources.
Risk flag
Overall evidence coverage is below the minimum required for a tier.
Insufficient evidence
Observed-risk coverage is incomplete for this opportunity.

Data sources

Source observed: Oct 21, 2026, 4:00 PM UTC
Yield.ly refresh: Oct 21, 2026, 4:22 PM UTC
Data generated: Oct 21, 2026, 4:37 PM UTC

DefiLlama · total APY, base APY, reward APY, TVL
CoinGecko · token icon

How data works · Source registry · Report a data issue

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Share opportunity

0.0175% · Euler · Ethereum. Not investment advice.

www.euler.finance

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