Euler V2 · Unichain

WEETH (EVK Vault eweETH-1)

Overview

The Euler V2 WEETH pool on Unichain is a single-asset lending position where suppliers earn variable interest on eweETH deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and paying lenders from the resulting interest spread.

Total APY stands at 0.01%, with no additional reward layer. Both the 7-day and 30-day trend data are unavailable, making it difficult to assess recent performance relative to historical averages.

TVL is $1.78M without a reported change over the past week. The primary exposure here is smart-contract risk due to the single-asset nature of the pool. Utilisation rates for this lending position typically reflect borrower demand and liquidity depth within the protocol category.

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 0.00%; 30-day mean is 0.00%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 60% confidence based on historical patterns.

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