Convex Finance · Ethereum

ETH+-WETH

Overview

The Convex Finance ETH+-WETH pool on Ethereum is a multi-asset liquidity position that generates yield through the protocol's staking and governance token incentives. Users deposit WETH and earn rewards in CRV, CVX, and other tokens, which are distributed based on participation in various liquidity mining programs.

Total APY stands at 4.43%, composed of a base yield of 1.41% and an additional reward component of 3.02%. Over the past week, the rate has declined by 0.47%, while over the last month it has dropped by 3.56%, placing the current APY below the 30-day mean of 5.80%.

TVL is $7.9M with no reported change in the past seven days; primary exposure includes smart-contract risk due to the multi-asset nature of the pool. This liquidity position benefits from deep market participation, enhancing reward distribution and stability within Convex Finance's ecosystem.

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 12.12%; 30-day mean is 8.20%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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