Morpho Blue · Ethereum

VBGTWETH

Overview

The Morpho Blue VBGTWETH pool on Ethereum is a lending position for the VBGTWETH token, which represents a variable interest-bearing deposit in the protocol’s vault. This pool generates yield by matching borrowers seeking WBTC and WETH loans with lenders providing VBGTWETH liquidity.

Total APY stands at 1.34%, with no additional reward component. The 7-day trend shows little change at -0.01% while the 30-day trend is down 7.70%, placing the current rate below the 30-day mean of 2.31%.

TVL currently sits at $29.67M with no recent 7-day change data available. The primary risk here is smart-contract exposure, as this pool operates without multi-asset or stablecoin depeg concerns. Given its role in facilitating lending and borrowing for WBTC and WETH, liquidity depth remains a key factor influencing the pool's performance.

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 1.39%; 30-day mean is 1.49%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 61% confidence based on historical patterns.

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