Aave V3 · Base

CBETH

Overview

The Aave V3 CBETH pool on Base is a single-asset lending position where suppliers earn variable interest on deposits of Convex staked ETH (cbETH). The protocol generates yield by routing borrowing demand against pooled cbETH liquidity and paying suppliers from the resulting interest spread. Total APY stands at 1.13%, with no additional reward component. Over the past week, the APY has trended down by 0.326% and over the last month it has declined by 0.624%, placing the current rate below the 30-day mean of 5.79%. TVL currently sits at $17.5M with no reported change in the past week; primary exposure is smart-contract risk due to the protocol's reliance on automated market-making logic. This pool benefits from deep liquidity, supporting stable borrowing rates for users seeking cbETH loans.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.00%; 30-day mean is 0.00%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 92% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.