WETH
Aave · Base
Frequently Asked Questions
What is the current APY for WETH?
The current spot APY for WETH on Aave (Base) is 1.70%. The 30-day average APY is 1.57%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in WETH?
The total value locked (TVL) in WETH is $25.2M. TVL measures the total ETH assets currently deposited in this vault.
Does the WETH 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 WETH deployed on?
WETH is deployed on Base. 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 Base directly.
Compare with Other ETH Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| stETH Looping | IPOR Fusion | Mainnet | 6.81% | $6.4M |
| ETH Reactor | Morpho | Base | 6.37% | $461.9K |
| Pool | IPOR Fusion | Base | 6.31% | $134.8K |
| Swaap Lend Vault | Euler | Mainnet | 4.92% | $809.6K |
| WETH Pool | Across | Mainnet | 4.78% | $8.9M |
| Autopool | Tokemak | Mainnet | 4.72% | $16.2M |
| WETH Core | Morpho | Base | 4.53% | $756.0K |
| DeTrade Core ETH | Lagoon | Base | 4.20% | $146.8K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 3.75% | $6.3K |
| Gami ETH | Lagoon | Ethereum | 3.53% | $278.5K |
More Aave Strategies
WETH
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Yield Overview
WETH is a ETH yield strategy on Aave (Base). It currently generates 1.70% APY (24h) with a 30-day average of 1.57%. The vault holds $25.2M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Aave · Base
Market Benchmarking
Within the ETH ecosystem, this product ranks #33 out of 77 strategies. Its 1.70% yield is 0.05pp above the market average of 1.65%. While not the highest available, this strategy outperforms the majority of tracked ETH opportunities.
How WETH Compares
WETH currently ranks #33 among 77 monitored ETH strategies. However, with a TVL of $25.2M, it holds significantly less capital than higher-TVL alternatives like EigenLayer Restaking ($158.1M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 5.3% lower than the network average for ETH strategies. Within Aave, it competes against 7 other ETH strategies. By TVL, this product ranks #4 of 27 ETH strategies on Base.
About Aave
Aave is one of the largest DeFi lending protocols by total value locked, offering variable and stable rate lending pools. Earnbase tracks 8 strategies on Aave.
ETH on Base#13 of 27
Yield Sustainability
The 24h APY of 1.70% is nearly identical to the 30-day mean, with only a 8.5% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
WETH has been on a 2-day upward streak, with APY rising from 1.65% to 1.71% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have declined by 3.1%. The strongest 7-day period was May 02–May 08 averaging 2.55%, while the weakest was May 16–May 22 at 1.52%. Current 24h APY of 1.70% is 10.4% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 1.52%.
Weekly Breakdown
Historical APY Statistics
Over the past 169 days, WETH's yield has shown a upward trend, with yields expanding from 1.37% to 1.76%, a 28.5% increase. The sustainability score of 90/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 157 days, WETH's total value locked has experienced a contraction, declining from $82.6M to $39.4M, a 52.3% reduction.
History
FAQ
Yield & Performance
WETH on Aave offers a 24-hour APY of 1.70%, a 30-day average of 1.57% on ETH. Yields are variable and update daily based on protocol activity.
WETH ranks #33 out of 77 monitored ETH strategies. Its current yield of 1.70% is 2.9% above the market average of 1.65%.
Earnbase rates the yield sustainability of WETH at 90/100, classified as "Very Stable". The 24h APY of 1.70% is nearly identical to the 30-day mean, with only a 8.5% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 169 days, WETH has shown an upward yield trajectory. The average APY moved from 1.37% to 1.76%.
WETH has a yield volatility rating of "Low" (standard deviation: 0.36pp over 169 days). The APY has ranged from 0.87% to 2.70% in the tracked period, with an average of 1.64%.
Liquidity & TVL
WETH currently has a total value locked (TVL) of $25.2M in ETH deposits.
WETH holds $25.2M in ETH deposits. Across all 77 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $25.2M places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, WETH ranks #4 of 27 ETH strategies on Base. It currently holds $25.2M.
WETH's TVL is currently declining. Over the past 157 days, TVL moved from $82.6M to $39.4M, a -52.3% change. The 30-day high was $98.9M and the 30-day low was $9.4M.
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, WETH had 4 days of inflows and 11 days of outflows. The largest single-day inflow was +$34.7M (May 11, 2026) and the largest outflow was -$43.0M (Apr 29, 2026). Net 30-day TVL change: -42.4%.
Strategy & Access
WETH operates on the Base network and is managed by Aave. It accepts ETH deposits.
To deposit into WETH, you need ETH tokens on the Base network. Visit the Aave platform directly to connect your wallet and make a deposit.
WETH ranks among 27 monitored ETH strategies on Base. Its yield of 1.70% is 5.3% below the Base average of 1.80%.
WETH is deployed on Aave's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Aave is the DeFi protocol infrastructure that WETH operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Base network.
For illustrative purposes only. Based on the current 1.70% 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 Aave before depositing.
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