Ethereum blockchain icon
Ethereum

Yearn ETH Market Making

This pool facilitates trades between stETH and ETH. Your yield is generated from swap fees paid by traders, newly minted stETH and ETH granted to blockchain validators, and blockchain transaction fees.

2.9%
Yield
30d APY
B
Risk
APY
Last 90d
Editor's Take
Investment Rationale

This pool is well suited for investors who want long exposure to ETH while earning yield from both trading fees and staking rewards.

Risk Perspective

This pool is rated B because of its solid underlying assets and protocol.

Pool Performance

Staked ETH (stETH) can trade below 1 ETH as it is less liquid, has less utility, and is not withdrawable until 2023. This pool is subject to impermanent loss if stETH depegs significantly from ETH.

Yield2.9%
30d APY
.
TVL
$0.5M
-27.26%
last 30d
Yield
2.9%
APY 30d
Earnings
<$0.1M
Last 30d
Protocol
The protocol does not report Rewards yield separately from Base yield since third-party rewards are automatically reinvested into the pool.
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
B
Yield Source
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Percentage icon symbol
Your yield consists of trading fees from the buying and selling of stETH and ETH, and staking rewards from validating transactions on the Ethereum blockchain
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There are short-term incentives to encourage more deposits into the pool
Investment Strategy
Asset icon 0
This pool serves as a yield-generating savings account for you to earn yield on your ETH
Risk Details
Pool Fundamentals
B
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