Euler V2 · Unichain

WETH (EVK Vault eWETH-1)

Overview

The Euler V2 WETH pool on Unichain is a single-asset lending position where suppliers earn variable interest on ETH deposits. The protocol generates yield by matching borrowers against the pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 1.43%, with no additional reward component. Over the past week, the rate has decreased by 0.07% and over the last month it is down 0.07%. This places the current APY slightly below the 30-day mean of 1.49%.

TVL in the pool amounts to $276K with no recent change reported. The primary risk here is smart-contract exposure, given that this is a lending protocol. Utilisation rates for WETH on Euler V2 are within normal ranges for similar pools.

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 0.86%; 30-day mean is 1.05%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 67% confidence based on historical patterns.

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