Blackhole CLMM · Avalanche

WETH.E-WAVAX (CL - 200)

Overview

The Blackhole CLMM WETH.E-WAVAX pool on Avalanche is a multi-asset liquidity position where providers earn yield from trading fees generated by the protocol's automated market-making mechanism. This pool facilitates swaps between wrapped Ethereum (WETH) and wrapped Avalanche (WAVAX), creating liquidity for users to trade these assets.

The total APY stands at 244.27%, entirely driven by rewards with no base lending component. Over the past week, this rate has increased by 36.12% and over the last month, it rose by 130.81%. This current yield is well above the 30-day average of 162.41%.

TVL in the pool amounts to $1.31M with no reported change over the past week. The primary risk exposure here is impermanent loss due to the multi-asset nature of the liquidity provision, which can occur if asset prices diverge while funds are locked in the pool. This liquidity depth supports a robust trading environment on Blackhole CLMM's decentralized exchange platform.

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 435.06%; 30-day mean is 831.75%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 82% confidence based on historical patterns.

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