Frequently Asked Questions
What is the current APY for Flagship ETH?
The current spot APY for Flagship ETH on Lagoon (Mainnet) is 4.96%. The 30-day average APY is 4.06%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Flagship ETH?
The total value locked (TVL) in Flagship ETH is $4.9M. TVL measures the total ETH assets currently deposited in this vault.
Does the Flagship ETH 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.
Who curates Flagship ETH?
Flagship ETH is curated by 9Summits. Curators set the risk parameters, asset allocations, and rebalancing strategy for the vault. They are responsible for selecting which lending markets or protocols receive deposits. You can view all strategies curated by 9Summits on the 9Summits curator page on Earnbase.
Compare with Other ETH Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| WETH Lend Pool | Arcadia | Base | 39.72% | $13.7K |
| Arcadia - Lend Autocompounder | Harvest | Base | 35.49% | $24.0K |
| stETH Looping | IPOR Fusion | Ethereum | 6.20% | $6.4M |
| Pool | IPOR Fusion | Base | 5.83% | $135.2K |
| ETH Reactor | Morpho | Base | 5.74% | $354.2K |
| Swaap Lend Vault | Euler | Mainnet | 4.92% | $809.6K |
| WETH Autopilot | Harvest | Base | 4.16% | $1.2M |
| Gami ETH | Lagoon | Ethereum | 3.86% | $279.7K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 3.75% | $1.7K |
| DeTrade Core ETH | Lagoon | Base | 3.58% | $161.5K |
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Flagship ETH
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Yield Overview
Flagship ETH is a ETH yield strategy on Lagoon, curated by 9Summits. It currently generates 4.96% APY (24h) with a 30-day average of 4.06%. The vault holds $4.9M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by 9Summits · Mainnet
Market Benchmarking
Within the ETH ecosystem, this product ranks #6 out of 77 strategies. Its 4.96% yield is 98.1% higher than the market average of 2.50%. While not the highest available, this strategy outperforms the majority of tracked ETH opportunities.
How Flagship ETH Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 244.9% higher than the network average for ETH strategies. Currently the highest-yielding ETH opportunity on Mainnet among 45 tracked products. This strategy is curated by 9Summits, with 1 9Summits strategies tracked on Earnbase. Within Lagoon, it competes against 3 other ETH strategies. By TVL, this product ranks #26 of 45 ETH strategies on Mainnet.
About Lagoon
Lagoon is a DeFi vault infrastructure protocol that enables curated yield strategies. Earnbase tracks 4 strategies on Lagoon.
ETH on Mainnet#1 of 45
Yield Sustainability
Yield is 22.1% above the monthly average.
Yield Trajectory
Flagship ETH has been on a 7-day flat streak, with APY rising from 4.96% to 4.96% 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 5.7%. The strongest 7-day period was May 12–May 18 averaging 4.90%, while the weakest was Apr 21–Apr 27 at 3.64%. Current 24h APY of 4.96% is 16.5% above the product's own 30-day average.
Weekly yields have improved for 3 consecutive weeks, with the most recent 7-day average of 4.90% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 164 days, Flagship ETH's yield has shown a downward trend, with yields compressing from 4.69% to 3.61%, a 23.1% decline. The sustainability score of 74/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 165 days, Flagship ETH's total value locked has experienced a contraction, declining from $14.4M to $5.8M, a 59.7% reduction.
History
FAQ
Yield & Performance
Flagship ETH on Lagoon offers a 24-hour APY of 4.96%, a 30-day average of 4.06% on ETH. Yields are variable and update daily based on protocol activity.
Flagship ETH ranks #6 out of 77 monitored ETH strategies. Its current yield of 4.96% is 98.1% above the market average of 2.50%.
Earnbase rates the yield sustainability of Flagship ETH at 74/100, classified as "Moderate". Yield is 22.1% above the monthly average.
Over the past 164 days, Flagship ETH has shown a downward yield trajectory. The average APY moved from 4.69% to 3.61%.
Flagship ETH has a yield volatility rating of "Moderate" (standard deviation: 1.08pp over 164 days). The APY has ranged from 1.82% to 5.84% in the tracked period, with an average of 4.18%.
Liquidity & TVL
Flagship ETH currently has a total value locked (TVL) of $4.9M in ETH deposits.
Flagship ETH holds $4.9M in ETH deposits. Across all 77 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $4.9M places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, Flagship ETH ranks #26 of 45 ETH strategies on Mainnet. It currently holds $4.9M.
Flagship ETH's TVL is currently declining. Over the past 165 days, TVL moved from $14.4M to $5.8M, a -59.7% change. The 30-day high was $17.7M and the 30-day low was $4.9M.
Despite rising yields, capital has been flowing out. This may indicate concerns about sustainability or broader market rotation. 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, Flagship ETH had 5 days of inflows and 11 days of outflows. The largest single-day inflow was +$109.5K (May 11, 2026) and the largest outflow was -$1.1M (May 05, 2026). Net 30-day TVL change: -24.3%.
Strategy & Access
Flagship ETH operates on the Mainnet network and is managed by Lagoon. It accepts ETH deposits. The strategy is curated by 9Summits.
To deposit into Flagship ETH, you need ETH tokens on the Mainnet network. Visit the Lagoon platform directly to connect your wallet and make a deposit.
Yes, Flagship ETH offers the highest ETH yield on Mainnet at 4.96% APY.
Flagship ETH is deployed on Lagoon's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Lagoon is the DeFi protocol infrastructure that Flagship ETH 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 4.96% 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 Lagoon before depositing.
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