Aerodrome V1 · Base

WETH-FAI

Overview

The Aerodrome V1 WETH-FAI pool on Base is a multi-asset liquidity position that generates yield through automated market-making trades. Users deposit and trade wrapped Ethereum (WETH) against the FAI token, with the protocol splitting fees from these transactions to reward liquidity providers.

Total APY stands at 21.11%, entirely driven by rewards since there is no base lending component. Over the past seven days, this rate has risen by 17.96%, while over the last thirty days it has dropped significantly by 126.34%. This places the current yield well below the 30-day mean of 31.14%.

TVL in the pool is $2.5M with no reported change over the past week. The primary risk exposure here involves impermanent loss due to the multi-asset nature of the liquidity provision, which can occur if token prices diverge while funds are locked in the pool.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 19.04%; 30-day mean is 10.25%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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