Aerodrome Slipstream · Base

WETH-MSETH (CL50 - 0.05%)

Overview

The Aerodrome Slipstream WETH-MSETH pool on Base is a liquidity position where users earn fees from trading activity between Wrapped Ethereum (WETH) and Miniswap ETH (MSETH). The protocol generates yield by facilitating trades through this liquidity pair.

Total APY stands at 1.81%, composed of a base fee rate of 0.49% and an additional reward layer of 1.32%. Over the past week, the APY has trended down by 0.47%, while over the last month it has decreased by 0.86%, placing current rates below the 30-day mean of 2.93%.

TVL is $26M with no recent change noted; primary exposure here involves smart-contract risk due to the multi-asset nature of the pool. This liquidity pair typically sees moderate trading activity, providing a balance between yield and potential impermanent loss.

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 4.28%; 30-day mean is 5.43%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 59% confidence based on historical patterns.

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