WETH
Aave · Mainnet
Frequently Asked Questions
What is the current APY for WETH?
The current spot APY for WETH on Aave (Mainnet) is 1.51%. The 30-day average APY is 2.95%. 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 $335.7M. 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 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 |
| stETH Looping | IPOR Fusion | Mainnet | 8.11% | $5.5M |
| 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 |
More Aave Strategies
WETH
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Yield Overview
WETH is a ETH yield strategy on Aave (Mainnet). It currently generates 1.51% APY (24h) with a 30-day average of 2.95%. The vault holds $335.7M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Aave · Mainnet
Market Benchmarking
Within the ETH ecosystem, this product ranks #36 out of 79 strategies. Its 1.51% yield is 80.7% lower than the market average of 7.80%.
How WETH Compares
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 87.4% lower than the network average for ETH strategies. Within Aave, it competes against 6 other ETH strategies. By TVL, this product ranks #7 of 46 ETH strategies on Mainnet.
About Aave
Aave is one of the largest DeFi lending protocols by total value locked, offering variable and stable rate lending pools. Earnbase tracks 7 strategies on Aave.
ETH on Mainnet#22 of 46
Yield Sustainability
Yield has deviated meaningfully from its 30-day baseline, with a 49.0% gap between the current rate and the historical mean.
Yield Trajectory
WETH has been on a 4-day downward streak, with APY falling from 2.55% to 1.53% 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 25.6%. The strongest 7-day period was Apr 19–Apr 25 averaging 5.51%, while the weakest was Apr 12–Apr 18 at 1.74%. Current 24h APY of 1.51% is 57.0% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 3.12%.
Weekly Breakdown
Historical APY Statistics
Over the past 156 days, WETH's yield has shown a upward trend, with yields expanding from 1.26% to 2.73%, a 116.9% increase. The sustainability score of 41/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 156 days, WETH's total value locked has experienced a contraction, declining from $2.56B to $460.1M, a 82.0% reduction.
History
FAQ
Yield & Performance
WETH on Aave offers a 24-hour APY of 1.51%, a 30-day average of 2.95% on ETH. Yields are variable and update daily based on protocol activity.
WETH ranks #36 out of 79 monitored ETH strategies. Its current yield of 1.51% is 80.7% below the market average of 7.80%.
Earnbase rates the yield sustainability of WETH at 41/100, classified as "Low Stability". Yield has deviated meaningfully from its 30-day baseline, with a 49.0% gap between the current rate and the historical mean.
Over the past 156 days, WETH has shown an upward yield trajectory. The average APY moved from 1.26% to 2.73%.
WETH has a yield volatility rating of "Moderate" (standard deviation: 1.18pp over 156 days). The APY has ranged from 1.05% to 7.10% in the tracked period, with an average of 2.00%.
Liquidity & TVL
WETH currently has a total value locked (TVL) of $335.7M in ETH deposits.
WETH holds $335.7M in ETH deposits. Across all 79 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $335.7M places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, WETH ranks #7 of 46 ETH strategies on Mainnet. It currently holds $335.7M.
WETH's TVL is currently declining. Over the past 156 days, TVL moved from $2.56B to $460.1M, a -82.0% change. The 30-day high was $3.17B and the 30-day low was $15.
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, WETH had 16 days of inflows and 10 days of outflows. The largest single-day inflow was +$115.2M (May 08, 2026) and the largest outflow was -$832.2M (Apr 20, 2026). Net 30-day TVL change: -56.4%.
Strategy & Access
WETH operates on the Mainnet network and is managed by Aave. It accepts ETH deposits.
To deposit into WETH, you need ETH tokens on the Mainnet network. Visit the Aave platform directly to connect your wallet and make a deposit.
WETH ranks among 46 monitored ETH strategies on Mainnet. Its yield of 1.51% is 87.4% below the Mainnet average of 11.95%.
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 Mainnet network.
For illustrative purposes only. Based on the current 1.51% 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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