Beefy · Ethereum

MSETH-WETH (Convex)

Overview

The Beefy MSETH-WETH pool on Ethereum is a multi-asset liquidity position within the Convex protocol, part of the broader Yield Aggregator category. This pool aggregates yield from various DeFi protocols for users holding the MSETH-WETH LP token.

Total APY stands at 10.66%, with no separate base or reward components noted. Over the past week, this rate has decreased by 1.98% and over the last month it has increased by 3.92%. This places the current yield slightly above the 30-day mean of 10.04%.

TVL in the pool is $3.08M with no recent change data available. Given its multi-asset nature, primary exposure includes smart-contract risk alongside potential impermanent loss for liquidity providers. The depth and stability of this liquidity position are critical factors influencing overall yield performance.

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 2.98%; 30-day mean is 3.54%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 92% confidence based on historical patterns.

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