IPOR Derivatives · Ethereum

STETH

Overview

The IPOR Derivatives STETH pool on Ethereum is a single-asset position that generates yield from staked ETH derivatives. The protocol allows users to earn interest by depositing staked Ether tokens, which are then used in derivative contracts. Total APY stands at 3.94%, with no additional reward component. Over the past week, the rate has increased by 3.76% and over the last month it has risen by 0.14%, placing current yields above the 30-day mean of 0.91%. TVL is $428K, with no reported change in the past seven days. The primary risk here is smart-contract exposure due to the derivative nature of the asset. Users should be aware that this pool involves complex financial instruments and associated risks.

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 5.39%; 30-day mean is 6.49%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 75% confidence based on historical patterns.

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