WETH Ecosystem

Morpho · Curated by Gauntlet · Mainnet

1.39%

24h APY

1.39%

30d APY

1.76%

TVL

$20.0K

Asset

ETH

Frequently Asked Questions

What is the current APY for WETH Ecosystem?

The current spot APY for WETH Ecosystem on Morpho (Mainnet) is 1.39%. The 30-day average APY is 1.76%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.

How much total value is locked in WETH Ecosystem?

The total value locked (TVL) in WETH Ecosystem is $20.0K. TVL measures the total ETH assets currently deposited in this vault.

Does the WETH Ecosystem 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 WETH Ecosystem?

WETH Ecosystem is curated by Gauntlet. 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 Gauntlet on the Gauntlet curator page on Earnbase.

Compare with Other ETH Strategies

StrategyPlatformNetworkAPYTVL
WETH Lend PoolArcadiaBase34.90%$25.1K
Arcadia - Lend AutocompounderHarvestBase30.59%$24.6K
WETH CoreMorphoBase7.44%$797.5K
stETH LoopingIPOR FusionEthereum7.19%$6.5M
ETH ReactorMorphoBase6.84%$367.2K
PoolIPOR FusionBase6.54%$137.3K
AutopoolTokemakMainnet5.92%$16.4M
Flagship ETHLagoonMainnet4.96%$4.9M
Swaap Lend VaultEulerMainnet4.92%$809.6K
DeTrade Core ETHLagoonBase4.62%$158.2K

More Morpho Strategies

WETH Ecosystem

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Live
ETH Rank#44 of 78
NetworkMainnet
AssetETH
PlatformMorpho
CuratorGauntlet
24H APY
1.39%
30D APY
1.76%
TVL
$20.0K

Yield Overview

WETH Ecosystem is a ETH yield strategy on Morpho, curated by Gauntlet. It currently generates 1.39% APY (24h) with a 30-day average of 1.76%. The vault holds $20.0K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.

Curated by Gauntlet · Mainnet

Market Benchmarking

Within the ETH ecosystem, this product ranks #44 out of 78 strategies. Its 1.39% yield is 44.5% lower than the market average of 2.51%.

Asset Average APY2.51%
This Product APY1.39%
Market Rank#44 / 78
vs. Average-44.5%

How WETH Ecosystem Compares

WETH Ecosystem currently ranks #44 among 78 monitored ETH strategies. However, with a TVL of $20.0K, it holds significantly less capital than higher-TVL alternatives like WETH ($243.2M).

Ecosystem Context

Positioned within the Mainnet ecosystem, this product's yield is 9.8% lower than the network average for ETH strategies. This strategy is curated by Gauntlet, with 12 Gauntlet strategies tracked on Earnbase across 2 networks. Within Morpho, it competes against 16 other ETH strategies. By TVL, this product ranks #42 of 44 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 17 strategies on Morpho.

Yield Sustainability

Current yield of 1.39% shows a 21.2% variance from the 30-day average, well within normal operating bands.

Sustainability Score75 / 100
StatusStable

Yield Trajectory

WETH Ecosystem recorded a 24h APY of 1.39% in the most recent data point. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have declined by 32.9%. The strongest 7-day period was May 05May 11 averaging 2.01%, while the weakest was May 12May 18 at 1.35%. Current 24h APY of 1.39% is 21.7% below the product's own 30-day average.

Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 1.35%.

Current Streak
Days With Yield30 / 30
vs. 30D Average-21.7%
Week-over-Week-32.9%

Weekly Breakdown

PeriodAvg APYvs. Previous
May 12May 181.35%-32.9%
May 05May 112.01%+4.4%
Apr 28May 041.93%-0.0%
Apr 21Apr 271.93%(baseline)

Historical APY Statistics

30D Low0.94%
30D High5.12%
30D Average1.77%
Lifetime Avg APY(166d)1.96%
Median APY1.72%
Days Above Average12 / 30
Best Day3.60%May 07, 2026
Volatility0.68Moderate
TrendDownward (-5.3%)
Data Points166 days
APY Range2.34pp
Worst Day1.26%May 15, 2026
Current Percentile44th

Over the past 166 days, WETH Ecosystem's yield has shown a downward trend, with yields compressing from 1.81% to 1.72%, a 5.3% decline. The sustainability score of 75/100 aligns with a period of relative yield stability.

Historical TVL Statistics

30D Low$17.6K
30D High$73.0K
30D Average$27.5K
Median TVL$21.8K
Days of Inflows13 / 30
Largest Inflow+$2.1KApr 23, 2026
Current TVL$20.0K
Net Change-73.0%
TrendDeclining
TVL per APY Point$11.3K
Days of Outflows15 / 30
Largest Outflow-$773May 07, 2026

Over the past 166 days, WETH Ecosystem's total value locked has experienced a contraction, declining from $41.8K to $21.0K, a 49.7% reduction.

History

30-Day SummaryAvg: 1.96% | High: 5.12% | Low: 0.94%
2026-05-201.45%
2026-05-191.33%
2026-05-181.34%
2026-05-171.27%
2026-05-161.29%
2026-05-151.26%
2026-05-141.35%
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FAQ

Yield & Performance

WETH Ecosystem on Morpho offers a 24-hour APY of 1.39%, a 30-day average of 1.76% on ETH. Yields are variable and update daily based on protocol activity.

WETH Ecosystem ranks #44 out of 78 monitored ETH strategies. Its current yield of 1.39% is 44.5% below the market average of 2.51%.

Earnbase rates the yield sustainability of WETH Ecosystem at 75/100, classified as "Stable". Current yield of 1.39% shows a 21.2% variance from the 30-day average, well within normal operating bands.

Over the past 166 days, WETH Ecosystem has shown a downward yield trajectory. The average APY moved from 1.81% to 1.72%.

WETH Ecosystem has a yield volatility rating of "Moderate" (standard deviation: 0.68pp over 166 days). The APY has ranged from 0.94% to 5.12% in the tracked period, with an average of 1.96%.

Liquidity & TVL

WETH Ecosystem currently has a total value locked (TVL) of $20.0K in ETH deposits.

WETH Ecosystem holds $20.0K in ETH deposits. Across all 78 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $20.0K places it within the broader spectrum of ETH opportunities tracked on Earnbase.

By total value locked, WETH Ecosystem ranks #42 of 44 ETH strategies on Mainnet. It currently holds $20.0K.

WETH Ecosystem's TVL is currently declining. Over the past 166 days, TVL moved from $41.8K to $21.0K, a -49.7% change. The 30-day high was $73.0K and the 30-day low was $17.6K.

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 Ecosystem had 13 days of inflows and 15 days of outflows. The largest single-day inflow was +$2.1K (Apr 23, 2026) and the largest outflow was -$773 (May 07, 2026). Net 30-day TVL change: -5.4%.

Strategy & Access

WETH Ecosystem operates on the Mainnet network and is managed by Morpho. It accepts ETH deposits. The strategy is curated by Gauntlet.

To deposit into WETH Ecosystem, you need ETH tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.

WETH Ecosystem ranks among 44 monitored ETH strategies on Mainnet. Its yield of 1.39% is 9.8% below the Mainnet average of 1.54%.

WETH Ecosystem 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 WETH Ecosystem operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.

Earnings Estimate
$
Daily$0.1891
Monthly$5.76
Yearly$69.51

For illustrative purposes only. Based on the current 1.39% 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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