WBTC

8/15/2023 - Aave BTC Lending has a 30d APY of 0.09%, a TVL of 265,301,419, and an Exponential Risk Rating of B. This pool allows you to lend your WBTC to borrowers via an overcollateralized loan.

Aave BTC Lending on Ethereum (WBTC)

This pool allows you to lend your WBTC to borrowers via an overcollateralized loan. Your yield comes from earning interest paid by borrowers.

WBTC is a DeFi-compatible version of BTC backed by BTC reserves held by a licensed custodian (BitGo).

This pool serves as a yield-generating savings account for you to earn yield on your BTC

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool`s economic design

Aave BTC Lending

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Aave V3

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Ethereum

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

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Yield Source

Your yield consists of interest earned for lending WBTC on the Ethereum blockchain

No short-term incentives to encourage deposits into the pool