stETH Looping
IPOR Fusion · Mainnet
Frequently Asked Questions
What is the current APY for stETH Looping?
The current spot APY for stETH Looping on IPOR Fusion (Mainnet) is 8.11%. The 30-day average APY is 4.17%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in stETH Looping?
The total value locked (TVL) in stETH Looping is $5.5M. TVL measures the total ETH assets currently deposited in this vault.
Does the stETH Looping 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 stETH Looping deployed on?
stETH Looping 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 |
|---|---|---|---|---|
| ETH | Morpho | Mainnet | 474.95% | $1.2M |
| WETH (Alterscope) | Euler | Base | 14.92% | $7.1K |
| wstETH Looping | IPOR Fusion | Base | 8.14% | $1.3M |
| ETH Reactor | Morpho | Base | 6.93% | $564.6K |
| Swaap Lend Vault | Euler | Mainnet | 4.92% | $809.6K |
| Flagship ETH | Lagoon | Mainnet | 4.58% | $5.3M |
| Pool | IPOR Fusion | Base | 4.12% | $149.3K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 3.75% | $2.4M |
| Staking Product | mETH Protocol | Mainnet | 3.68% | $575.2M |
| DeTrade Core ETH | Lagoon | Base | 3.58% | $172.9K |
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stETH Looping
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Yield Overview
stETH Looping is a ETH yield strategy on IPOR Fusion (Mainnet). It currently generates 8.11% APY (24h) with a 30-day average of 4.17%. The vault holds $5.5M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
IPOR Fusion · Mainnet
Market Benchmarking
Within the ETH ecosystem, this product ranks #4 out of 79 strategies. Its 8.11% yield is 0.31pp above the market average of 7.80%. While not the highest available, this strategy outperforms the majority of tracked ETH opportunities.
How stETH Looping Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 32.2% lower than the network average for ETH strategies. Within IPOR Fusion, it competes against 6 other ETH strategies. By TVL, this product ranks #26 of 46 ETH strategies on Mainnet.
About IPOR Fusion
IPOR Fusion is a yield optimization protocol that enables complex strategies including leveraged looping. Earnbase tracks 7 strategies on IPOR Fusion.
ETH on Mainnet#2 of 46
Yield Sustainability
An extreme 94.4% deviation from the historical average suggests the current yield level is unlikely to persist. This pattern is often driven by temporary incentive programs, one-off events, or rapid capital reallocation.
Yield Trajectory
stETH Looping has been on a 4-day upward streak, with APY rising from 6.82% to 7.18% over this period. Over the past 30 days, the product delivered positive yields on 26 out of 30 days. Week-over-week, yields have increased by 21.3%. The strongest 7-day period was Apr 19–Apr 25 averaging 4.97%, while the weakest was Apr 12–Apr 18 at 3.33%. Current 24h APY of 8.11% is 85.2% above the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 4.61% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 200 days, stETH Looping's yield has shown a downward trend, with yields compressing from 7.84% to 5.54%, a 29.3% decline. The sustainability score of 10/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 218 days, stETH Looping's total value locked has experienced a growth phase, growing from $4.1M to $5.6M, a 35.7% increase.
History
FAQ
Yield & Performance
stETH Looping on IPOR Fusion offers a 24-hour APY of 8.11%, a 30-day average of 4.17% on ETH. Yields are variable and update daily based on protocol activity.
stETH Looping ranks #4 out of 79 monitored ETH strategies. Its current yield of 8.11% is 3.9% above the market average of 7.80%.
Earnbase rates the yield sustainability of stETH Looping at 10/100, classified as "Very Low Stability". An extreme 94.4% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 200 days, stETH Looping has shown a downward yield trajectory. The average APY moved from 7.84% to 5.54%.
stETH Looping has a yield volatility rating of "High" (standard deviation: 3.29pp over 200 days). The APY has ranged from 1.92% to 26.25% in the tracked period, with an average of 6.79%.
Liquidity & TVL
stETH Looping currently has a total value locked (TVL) of $5.5M in ETH deposits.
stETH Looping holds $5.5M in ETH deposits. Across all 79 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $5.5M places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, stETH Looping ranks #26 of 46 ETH strategies on Mainnet. It currently holds $5.5M.
stETH Looping's TVL is currently on an upward trajectory. Over the past 218 days, TVL moved from $4.1M to $5.6M, a +35.7% change. The 30-day high was $7.0M and the 30-day low was $1.1M.
Rising yields have attracted capital, with both APY and TVL trending upward over the past 30 days. 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, stETH Looping had 15 days of inflows and 13 days of outflows. The largest single-day inflow was +$125.7K (Apr 21, 2026) and the largest outflow was -$168.5K (Apr 15, 2026). Net 30-day TVL change: +5.0%.
Strategy & Access
stETH Looping operates on the Mainnet network and is managed by IPOR Fusion. It accepts ETH deposits.
To deposit into stETH Looping, you need ETH tokens on the Mainnet network. Visit the IPOR Fusion platform directly to connect your wallet and make a deposit.
stETH Looping ranks among 46 monitored ETH strategies on Mainnet. Its yield of 8.11% is 32.2% below the Mainnet average of 11.95%.
stETH Looping is deployed on IPOR Fusion's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
IPOR Fusion is the DeFi protocol infrastructure that stETH Looping 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 8.11% 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 IPOR Fusion before depositing.
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