Convex Finance · Ethereum

ETH-STETH

Overview

The Convex Finance ETH-STETH pool on Ethereum is a multi-asset position that combines Ethereum (ETH) with staked Ether (STETH). This protocol generates yield by participating in the Curve liquidity mining program, which rewards participants for providing liquidity to specific pools.

Total APY stands at 1.31%, with no additional reward component. The 7-day trend shows a slight decline of -0.12% and the 30-day trend indicates a decrease of -4.03%. This current rate is below the 30-day mean of 2.13%.

TVL remains at $469M, with no reported change over the past week. The primary risk here involves smart-contract exposure due to the multi-asset nature of the pool. Additionally, liquidity depth in this pool supports stable performance within the yield farming 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

  Current APY is 1.17%; 30-day mean is 1.44%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 91% confidence based on historical patterns.

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