Convex Finance · Ethereum

USDT-WBTC-WETH

Overview

The Convex Finance USDT-WBTC-WETH pool on Ethereum is a multi-asset liquidity position that generates yield through the protocol's staking and governance token rewards. Users deposit a mix of USDT, WBTC, and WETH to earn from the protocol’s incentives.

Total APY stands at 1.51%, comprising base yields of 9% and additional reward-based returns of 0.62%. Over the past week, this rate has trended down by 0.35%, while over the last month it has declined further by 0.55%, placing current rates below the 30-day mean of 2%.

TVL in the pool is $13.48M with no reported change over the past week; primary exposure includes impermanent loss risk due to the multi-asset composition. This liquidity depth supports robust trading and staking activities within the Convex Finance 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 3.39%; 30-day mean is 3.70%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 79% confidence based on historical patterns.

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