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Convex · Ethereum · Liquidity pool
Obs · 52m agoTotal APY
3.25%TVL
$13.7MObserved risk
ModerateBase 1.6900% · Incentive 1.5615%
48% of current APY comes from token incentives.
Reward assets: REWARD, REWARD
Moderate observed risk·Medium evidence confidence
The reported yield primarily comes from trading fees earned by the liquidity pool. Separately reported token incentives account for 1.56 percentage points of the current APY.
Yield may fall if trading volume or token incentives decline.
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.
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Strengths
User deposits WETH. User deposits USDT. User deposits WBTC. Funds enter Convex on ethereum. Contracts are upgradeable or governance-controlled. USDT introduces Tether Limited custodian exposure. WBTC introduces BitGo custodian exposure. Exit via remove liquidity.
Exit terms are not fully reported.
Some product terms are currently incomplete.
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.
Incentive-heavy yield
A large share of this rate comes from token incentives, which can change quickly and may depend on the reward token market value.
Impermanent loss exposure
Multi-asset pool exposure can create impermanent loss relative to holding the underlying assets.
3.2515% · Convex · Ethereum. Not investment advice.
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