Aave V4 · Ethereum

CBBTC (Core)

Overview

The Aave V4 CBBTC pool on Ethereum is a single-asset lending position where suppliers earn variable interest on BTC-backed borrowing tokens (CBBTC). The protocol generates yield by routing borrowing demand against pooled CBBTC liquidity and pays suppliers from the resulting interest spread. Total APY stands at 0.43%, with no reward component. Over the past week, the rate has decreased by 0.46% and over the last month it increased by 0.16%, placing the current rate below the 30-day mean of 0.57%. TVL is $1.4M; primary exposure is smart-contract risk due to the single-asset nature of the pool. Utilisation on this core lending pool reflects typical levels for Aave V4's protocol category.

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.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 76% confidence based on historical patterns.

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