Convex Finance · Ethereum

USDT-WBTC-WETH

Overview

The Convex Finance USDT-WBTC-WETH pool on Ethereum is a multi-asset liquidity position where providers earn yield from the protocol's staking and governance token rewards. This pool aggregates liquidity across three tokens—USDT, WBTC, and WETH—to enhance yield opportunities for participants.

Total APY stands at 82.86%, combining base yields with an additional reward layer of 0.86%. Over the past week, this rate increased by 44.75% and over the last month it rose by 14.66%, significantly outpacing the 30-day mean APY of 55.39%.

TVL in the pool is $6.15M with no reported change over the past week, exposing participants to impermanent loss risk due to its multi-asset composition. This liquidity depth supports a robust market for trading and staking activities 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.

• 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 0.29%; 30-day mean is 1.27%. 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.