Aave V3 · MegaETH

WETH

Overview

The Aave V3 WETH pool on MegaETH is a single-asset lending position where suppliers earn variable interest on Ether deposits. The protocol generates yield by routing borrowing demand against pooled WETH liquidity and distributing the resulting interest spread to lenders. Total APY stands at 10.08%, with no additional reward component. Over the past week, the rate has increased by 1.16%, while over the last month it has decreased by 29.83%, placing the current rate below the 30-day mean of 21.51%. TVL is $1.2M with no reported change in the past seven days; primary exposure here is smart-contract risk due to the single-asset nature and volatile underlying asset. Given its lending category, this pool typically sees moderate utilization rates that balance between borrower demand and supplier liquidity.

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 1.06%; 30-day mean is 0.96%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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