Joe V2.2 · Avalanche

PRIME-WAVAX

Overview

The Joe V2.2 PRIME-WAVAX pool on Avalanche is a liquidity position token (LP token) that generates yield through trading fees accrued from decentralized exchange (DEX) activity. Traders provide liquidity to the DEX, and the protocol distributes trading fees proportionally among LP token holders. This pool competes with other venues for PRIME-WAVAX liquidity on the Avalanche network.

The total APY stands at 42.89%, with no separate reward component. The 7-day trend shows an increase of 36.91%, while 30-day trend data is not available. Currently, the APY is below the 30-day mean of 54.73%. This suggests a recent uptick in trading activity or fee generation.

TVL is $43,305, with no specific change over the past week noted. The primary risk for this pool involves impermanent loss (IL) exposure due to its multi-asset nature. Liquidity depth and trading volume on the DEX are key factors influencing yield stability and IL risk for LP token holders.

Composed 2026-05-22 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 9.76%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 72% confidence based on historical patterns.

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