Curve DEX · Ethereum

USDT-WBTC-WETH

Overview

The Curve DEX USDT-WBTC-WETH pool on Ethereum is a multi-asset liquidity position that attracts traders seeking to provide liquidity across three tokens: Tether (USDT), Wrapped Bitcoin (WBTC), and Ether (WETH). This pool generates yield from trading fees charged by the protocol when users swap between these assets.

The total APY stands at 82.42%, comprising a base return of 82% and an additional reward layer contributing 0.42%. Over the past seven days, this rate has increased by 44.91%, while over the last thirty days it has risen by 14.92%, placing the current APY above the 30-day mean of 54.54%.

TVL in the pool is $11.3M with no reported change over the past seven days. The primary risk for liquidity providers here is impermanent loss due to the multi-asset composition, exposing participants to price fluctuations between USDT, WBTC, and WETH. This liquidity depth supports a robust trading environment on Curve DEX.

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 0.28%; 30-day mean is 1.25%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 89% confidence based on historical patterns.

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