Ethereum blockchain icon
Ethereum

Yearn BTC Market Making

This pool facilitates trades between HBTC and WBTC. Your yield is generated from swap fees paid by traders when an exchange happens.

-0.9%
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 BTC.

Risk Perspective

This pool is rated B because of the compounding of risks related to three protocols (if any protocol fails, the entire pool fails).

Pool Performance

Yield outlook is unsustainable as over two-thirds of the total yield comes from protocol incentives.

Yield-0.9%
30d APY
.
TVL
$0
0
last 30d
Yield
-0.9%
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
Geometric spirals as the background of the yield source card header
Percentage icon symbol
Your yield consists of trading fees from the buying and selling of HBTC and WBTC 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 BTC
Risk Details
Pool Fundamentals
B
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