Morpho Blue · Ethereum
STEAKUSDTBETHENA
Current APY
2.91%
base 2.90% · reward 0.01%
TVL
$40.59M
APY +0.36% 7d
Risk signals
Overview
Morpho Blue's STEAKUSDTBETHENA pool on Ethereum is a stablecoin lending pool that deposits assets into the protocol's lending infrastructure. The pool generates a base APY of 1.48% and reward APY of 3.4%, combining for a total APY of 4.88%. Over the past 30 days, APY has averaged 5.11%, representing a 3.22% increase from the 30-day mean, though the 7-day trend shows a slight decline of 0.37%. The pool currently holds 105.2 million USD in total value locked, with trend data over the past 7 days unavailable. As a stablecoin pool, the primary risk consideration is depeg exposure across the underlying assets.
Composed 2026-05-18 from the structured data above. See methodology for the full pipeline.
Risk profile
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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.
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Depeg risk
The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.
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Yield variability
Current APY is 2.91%; 30-day mean is 4.51%. Yields can change as TVL and incentive emissions change.
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DefiLlama yield prediction
DefiLlama's model classifies this pool's yield as "Stable/Up" with 57% confidence based on historical patterns.
These notes are derived from the pool's structured data, not editorial advice. See our methodology.
Similar pools
FAQ
› What is the current APY for Morpho Blue STEAKUSDTBETHENA on Ethereum?
The current total APY is 2.91%. Base yield: 2.90%. Reward yield: 0.01%.
› What is the TVL of this pool?
Total value locked is $40.59M as of the last data refresh.
› Is there impermanent loss risk?
No. This pool is single-asset and has no impermanent loss exposure.
› Is this a stablecoin pool?
Yes. The pool is built on stablecoins, so the primary risk is depeg events rather than directional price moves.
› How often is this APY updated?
We refresh APY and TVL hourly from DefiLlama. Daily snapshots are stored to power the historical chart on this page.
Last updated 2026-07-06. See methodology for how we collect and refresh this data.