Fluid Lending · Ethereum

WBTC

Overview

The Fluid Lending WBTC pool on Ethereum is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed token deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders. Total APY stands at 5%, with no additional reward component. Over the past week, the rate has declined by 1% but increased slightly over the last month by 1%. This current rate is below the 30-day mean of 7.22%. TVL in the pool amounts to $25M, showing a slight decrease from the previous week. The primary risk here involves smart-contract vulnerabilities rather than impermanent loss or depegging, given that this is not a multi-asset liquidity pool or stablecoin-based asset.

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 0.28%; 30-day mean is 0.11%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 99% confidence based on historical patterns.

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