V3
Aave · Arbitrum
Frequently Asked Questions
What is the current APY for V3?
The current spot APY for V3 on Aave (Arbitrum) is 0.05%. The 30-day average APY is 0.05%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in V3?
The total value locked (TVL) in V3 is $183.8M. TVL measures the total WBTC assets currently deposited in this vault.
Does the V3 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 V3 deployed on?
V3 is deployed on Arbitrum. 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 Arbitrum directly.
Compare with Other WBTC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Carry trade yield WBTC | Lagoon | Ethereum | 108.09% | $1.4K |
| Gami WBTC | Lagoon | Ethereum | 1.60% | $1.4M |
| WBTC Pool | Across Protocol | Mainnet | 1.39% | $11.2M |
| WBTC Core | Morpho | Mainnet | 1.14% | $5.5M |
| BTCfi | Euler | Mainnet | 0.42% | $70 |
| Dolomite Autocompounder | Harvest | Arbitrum | 0.40% | $198.4K |
| WBTC Vault | Euler | Arbitrum | 0.05% | $38.3K |
| Lending (Vault 22) | Fluid | Mainnet | 0.05% | $24.7M |
| Vault Bridge WBTC | Morpho | Mainnet | 0.04% | $56.4M |
| Earn | Dolomite | Mainnet | 0.01% | $805.3K |
More Aave Strategies
V3
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Yield Overview
V3 is a WBTC yield strategy on Aave (Arbitrum). It currently generates 0.05% APY (24h) with a 30-day average of 0.05%. The vault holds $183.8M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Aave · Arbitrum
Market Benchmarking
Within the WBTC ecosystem, this product ranks #9 out of 17 strategies. Its 0.05% yield is 99.3% lower than the market average of 6.66%.
How V3 Compares
Ecosystem Context
Positioned within the Arbitrum ecosystem, this product's yield is 71.9% lower than the network average for WBTC strategies. Within Aave, it competes against 1 other WBTC strategy. By TVL, this product ranks #1 of 3 WBTC strategies on Arbitrum.
About Aave
Aave is one of the largest DeFi lending protocols by total value locked, offering variable and stable rate lending pools. Earnbase tracks 2 strategies on Aave.
WBTC on Arbitrum#3 of 3
Yield Sustainability
The 24h APY of 0.05% is nearly identical to the 30-day mean, with only a 1.2% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
V3 has been on a 11-day flat streak, with APY rising from 0.05% to 0.05% 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 3.6%. The strongest 7-day period was May 05–May 11 averaging 0.05%, while the weakest was Apr 21–Apr 27 at 0.05%. Current 24h APY of 0.05% is 0.9% below the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 0.05%.
Weekly Breakdown
Historical APY Statistics
Over the past 166 days, V3's yield has shown a upward trend, with yields expanding from 0.03% to 0.05%, a 73.1% increase. The sustainability score of 99/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 166 days, V3's total value locked has experienced a contraction, declining from $226.0M to $188.1M, a 16.8% reduction.
History
FAQ
Yield & Performance
V3 on Aave offers a 24-hour APY of 0.05%, a 30-day average of 0.05% on WBTC. Yields are variable and update daily based on protocol activity.
V3 ranks #9 out of 17 monitored WBTC strategies. Its current yield of 0.05% is 99.3% below the market average of 6.66%.
Earnbase rates the yield sustainability of V3 at 99/100, classified as "Very Stable". The 24h APY of 0.05% is nearly identical to the 30-day mean, with only a 1.2% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 166 days, V3 has shown an upward yield trajectory. The average APY moved from 0.03% to 0.05%.
V3 has a yield volatility rating of "Low" (standard deviation: 0.01pp over 166 days). The APY has ranged from 0.02% to 0.05% in the tracked period, with an average of 0.04%.
Liquidity & TVL
V3 currently has a total value locked (TVL) of $183.8M in WBTC deposits.
V3 holds $183.8M in WBTC deposits. Across all 17 tracked WBTC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $183.8M places it within the broader spectrum of WBTC opportunities tracked on Earnbase.
By total value locked, V3 ranks #1 of 3 WBTC strategies on Arbitrum. It currently holds $183.8M.
V3's TVL is currently declining. Over the past 166 days, TVL moved from $226.0M to $188.1M, a -16.8% change. The 30-day high was $244.3M and the 30-day low was $154.3M.
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, V3 had 14 days of inflows and 15 days of outflows. The largest single-day inflow was +$3.8M (Apr 23, 2026) and the largest outflow was -$4.2M (May 08, 2026). Net 30-day TVL change: -1.7%.
Strategy & Access
V3 operates on the Arbitrum network and is managed by Aave. It accepts WBTC deposits.
To deposit into V3, you need WBTC tokens on the Arbitrum network. Visit the Aave platform directly to connect your wallet and make a deposit.
V3 ranks among 3 monitored WBTC strategies on Arbitrum. Its yield of 0.05% is 71.9% below the Arbitrum average of 0.17%.
V3 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 V3 operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Arbitrum network.
For illustrative purposes only. Based on the current 0.05% on-chain APY for WBTC. 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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