Aave V3 · Ethereum

VBILL (Aave Horizon Market)

Overview

The Aave V3 VBILL pool on Ethereum is a liquidity position for the variable-rate bill token, allowing users to earn interest by providing liquidity. The protocol generates yield through borrowing demand against pooled VBILL assets and distributing proceeds from interest spreads.

With no base or reward APY available, the total APY stands at 0%. No trend data is available over both the 7-day and 30-day periods.

TVL currently sits at $7.25M with no recent change noted. The primary exposure here is smart-contract risk due to the nature of the lending protocol. This pool's liquidity depth supports typical borrowing activity within the Aave V3 framework.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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