Alpha WETH Vault
Morpho · Mainnet
Frequently Asked Questions
What is the current APY for Alpha WETH Vault?
The current spot APY for Alpha WETH Vault on Morpho (Mainnet) is 2.60%. The 30-day average APY is 3.00%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Alpha WETH Vault?
The total value locked (TVL) in Alpha WETH Vault is $1.1M. TVL measures the total ETH assets currently deposited in this vault.
Does the Alpha WETH Vault yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Which network is Alpha WETH Vault deployed on?
Alpha WETH Vault is deployed on Mainnet. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Mainnet directly.
Compare with Other ETH Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| WSTETH | Morpho | Mainnet | 6.69% | $4.4M |
| WETH Autopilot | Harvest | Base | 5.93% | $1.3M |
| Gami ETH | Lagoon | Ethereum | 5.80% | $181.4K |
| Swaap Lend Vault | Euler | Mainnet | 4.92% | $809.6K |
| stETH Looping | IPOR Fusion | Ethereum | 4.67% | $5.6M |
| Pool | IPOR Fusion | Base | 4.66% | $111.2K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 3.75% | $23.6K |
| Autopool | Tokemak | Mainnet | 3.60% | $8.4M |
| DeTrade Core ETH | Lagoon | Base | 3.52% | $107.0K |
| yoETH Looper | IPOR Fusion | Mainnet | 3.05% | $13.7K |
More Morpho Strategies
Alpha WETH Vault
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Yield Overview
Alpha WETH Vault is a ETH yield strategy on Morpho (Mainnet). It currently generates 2.60% APY (24h) with a 30-day average of 3.00%. The vault holds $1.1M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Morpho · Mainnet
Market Benchmarking
Within the ETH ecosystem, this product ranks #14 out of 77 strategies. Its 2.60% yield is 62.0% higher than the market average of 1.60%. While not the highest available, this strategy outperforms the majority of tracked ETH opportunities.
How Alpha WETH Vault Compares
Alpha WETH Vault currently ranks #14 among 77 monitored ETH strategies. However, with a TVL of $1.1M, it holds significantly less capital than higher-TVL alternatives like cbETH ($256.3M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 63.1% higher than the network average for ETH strategies. Within Morpho, it competes against 15 other ETH strategies. By TVL, this product ranks #29 of 45 ETH strategies on Mainnet.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 16 strategies on Morpho.
ETH on Mainnet#9 of 45
Yield Sustainability
Current yield of 2.60% shows a 13.5% variance from the 30-day average, well within normal operating bands.
Yield Trajectory
Alpha WETH Vault has been on a 5-day downward streak, with APY falling from 2.74% to 2.60% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 5.4%. The strongest 7-day period was Jun 05–Jun 11 averaging 6.13%, while the weakest was Jun 19–Jun 25 at 3.03%. Current 24h APY of 2.60% is 32.5% below the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 3.19% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 114 days, Alpha WETH Vault's yield has shown a upward trend, with yields expanding from 2.54% to 3.66%, a 44.1% increase. The sustainability score of 84/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 114 days, Alpha WETH Vault's total value locked has experienced a contraction, declining from $3.0M to $1.3M, a 54.4% reduction.
History
FAQ
Yield & Performance
Alpha WETH Vault on Morpho offers a 24-hour APY of 2.60%, a 30-day average of 3.00% on ETH. Yields are variable and update daily based on protocol activity.
Alpha WETH Vault ranks #14 out of 77 monitored ETH strategies. Its current yield of 2.60% is 62.0% above the market average of 1.60%.
Earnbase rates the yield sustainability of Alpha WETH Vault at 84/100, classified as "Stable". Current yield of 2.60% shows a 13.5% variance from the 30-day average, well within normal operating bands.
Over the past 114 days, Alpha WETH Vault has shown an upward yield trajectory. The average APY moved from 2.54% to 3.66%.
Alpha WETH Vault has a yield volatility rating of "High" (standard deviation: 4.04pp over 114 days). The APY has ranged from 1.84% to 24.43% in the tracked period, with an average of 4.07%.
Liquidity & TVL
Alpha WETH Vault currently has a total value locked (TVL) of $1.1M in ETH deposits.
Alpha WETH Vault holds $1.1M in ETH deposits. Across all 77 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.1M places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, Alpha WETH Vault ranks #29 of 45 ETH strategies on Mainnet. It currently holds $1.1M.
Alpha WETH Vault's TVL is currently declining. Over the past 114 days, TVL moved from $3.0M to $1.3M, a -54.4% change. The 30-day high was $3.3M and the 30-day low was $916.7K.
Both yield and TVL are declining, and depositors may be exiting in response to falling returns. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, Alpha WETH Vault had 11 days of inflows and 18 days of outflows. The largest single-day inflow was +$212.7K (Jun 15, 2026) and the largest outflow was -$368.4K (Jun 12, 2026). Net 30-day TVL change: -40.3%.
Strategy & Access
Alpha WETH Vault operates on the Mainnet network and is managed by Morpho. It accepts ETH deposits.
To deposit into Alpha WETH Vault, you need ETH tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.
Alpha WETH Vault ranks among 45 monitored ETH strategies on Mainnet. Its yield of 2.60% is 63.1% above the Mainnet average of 1.59%.
Alpha WETH Vault is deployed on Morpho's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Morpho is the DeFi protocol infrastructure that Alpha WETH Vault operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 2.60% on-chain APY for ETH. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Morpho before depositing.
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