Curve DEX · Ethereum

MSETH-WETH

Overview

The Curve DEX MSETH-WETH pool on Ethereum is a multi-asset liquidity position that generates yield through trading fees and incentives from the decentralized exchange. Users deposit both WETH and mStable ETH (MSETH) to provide liquidity for trades between these assets, earning revenue from transaction volumes.

Total APY of 5.52% consists of a base rate of 0.20% plus an additional reward layer of 5.32%. Over the past week, the APY has declined by 1.20%, while over the last month it increased by 1.04%, placing current rates below the 30-day mean of 5.85%.

TVL stands at $13.47M with no reported change over the previous seven days. The primary risk for this pool is impermanent loss due to price fluctuations between WETH and MSETH. This liquidity depth supports robust trading activity on Curve DEX, enhancing fee generation potential.

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 7.66%; 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 "Down" with 58% confidence based on historical patterns.

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