Euler V2 · Arbitrum

TETH (EVK Vault etETH-1)

Overview

The Euler V2 TETH pool on Arbitrum is a single-asset lending position where suppliers earn variable interest on deposits of tetherized ether (etETH). The protocol generates yield by routing borrowing demand against pooled etETH liquidity and paying suppliers from the resulting interest spread.

Total APY stands at 0.0%, with no reward component added to base lending. There is no trend data available for both the 7-day and 30-day periods, so current rates cannot be compared to historical performance.

TVL currently sits at $202K, with no recent change noted over the past week. Primary exposure here involves smart-contract risk due to the nature of the lending protocol. This pool offers a direct channel for users to lend etETH and earn interest without the complexity of staking or liquidity provision.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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