Joe V2.1 · Avalanche

WAVAX-USDC

Overview

The Joe V2.1 WAVAX-USDC pool on Avalanche is a liquidity position token for a decentralized exchange, generating yield through trading fees earned by providing liquidity to the WAVAX-USDC pair. Total APY stands at 33.09%, with no separate reward component. Over the past week, the APY has risen significantly by 32.71%, while over the last month it has decreased by 9.67%, placing it below the 30-day mean of 13.75%. TVL in this pool is $204K with no reported change over the past week. The primary risk exposure for liquidity providers is impermanent loss due to the multi-asset nature of the pool. This liquidity depth supports trading activity on the platform, enhancing fee generation potential for participants.

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 8.12%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 53% confidence based on historical patterns.

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