Fusion by IPOR · Ethereum

STETH (Fusion stETH looping Ethereum)

Overview

The Fusion by IPOR STETH pool on Ethereum is a single-asset position that generates yield through looping staked ETH (stETH) tokens. The protocol aggregates and optimizes returns from various DeFi lending platforms for users holding stETH.

Total APY stands at 6.48%, with no separate reward component. Over the past seven days, this rate has decreased by 1.05% while over the last thirty days it has increased by 6.48%. This places the current yield above the 30-day mean of 5.24%.

TVL in the pool is $6.43M with no reported change over the past seven days. The primary risk here is smart-contract exposure, given that this is not a multi-asset or stablecoin pool. This liquidity structure supports the protocol's looping mechanism for stETH tokens, enhancing yield opportunities for users.

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 4.46%; 30-day mean is 5.71%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 80% confidence based on historical patterns.

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