WETH

frxETH

8/20/2025 - Curve ETH Market Making has a 30d APY of 0.4%, a TVL of 8,628,099, and an Exponential Risk Rating of B. This pool facilitates trades between WETH - frxETH.

Curve ETH Market Making on Ethereum (WETH, frxETH)

This pool facilitates trades between WETH - frxETH. Your yield is generated from swap fees paid by traders when an exchange happens.

WETH is a DeFi-compatible version of ETH. ETH is the native currency of the Ethereum chain used for gas fees and security.

frxETH is a derivative asset that is soft-pegged to ETH and can always be redeemed 1:1 for ETH. Holding frxETH does not earn any yield on its own. Instead, users can stake frxETH in the staking vault for sfrxETH to accrue staking yield of the Frax ETH validators. 

This pool has been receiving protocol incentives to encourage more user deposits

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

Curve ETH Market Making

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

Curve

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

This pool serves as a yield-generating account for you to earn yield on your ETH, subject to market conditions

Your yield consists of trading fees from the buying and selling of WETH - frxETH on the Ethereum blockchain

Discover the best DeFi opportunities with expert research and risk insights.

Curve ETH Market Making

This pool facilitates trades between WETH - frxETH. Your yield is generated from swap fees paid by traders when an exchange happens.