IPOR Derivatives · Base

WSTETH

Overview

The IPOR Derivatives WSTETH pool on Base is a single-asset derivative position where users earn yield from staked ETH derivatives. The protocol generates returns by leveraging the underlying WSTETH tokens in various financial instruments.

Total APY stands at 6.14%, with no additional reward component. Over the past week, this rate has risen by 1.23% and over the last month it increased by 2.96%, placing current yields above the 30-day mean of 4.43%.

TVL is $137K without a reported change over the previous seven days; primary exposure here is smart-contract risk due to the derivative nature of the pool. Given its size, this pool offers moderate liquidity depth for trading and hedging activities.

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 3.29%; 30-day mean is 3.93%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 51% confidence based on historical patterns.

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