Joe V2.1 · Avalanche

BTC.B-WAVAX

Overview

The Joe V2.1 BTC.B-WAVAX pool on Avalanche is a liquidity position that generates yield through trading fees from decentralized exchange activities. Users deposit BTC.B-WAVAX, a wrapped Bitcoin token paired with WAVAX, to provide liquidity and earn returns based on transaction volumes.

Total APY stands at 1.43%, consisting solely of base earnings without any additional reward incentives. Over the past week, the APY has decreased by 1.60%, while no trend data is available for the last 30 days. This current rate falls below the 30-day mean of 2.54%.

TVL in this pool totals $178,772 with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of the liquidity provision. Liquidity depth is crucial for maintaining competitive trading fees and minimizing slippage for users engaging in trades on Joe V2.1's decentralized exchange platform.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 0.01%; 30-day mean is 0.09%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 62% confidence based on historical patterns.

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