Morpho Blue · Monad

WSTETH

Overview

The Morpho Blue WSTETH pool on Monad is a single-asset lending position where suppliers earn variable interest on Wrapped Staked ETH deposits. The protocol matches borrowing demand against pooled liquidity and distributes the resulting interest to lenders. Total APY stands at 0%, with no reward component noted, and there is no trend data available for either the 7-day or 30-day periods. TVL currently sits at $224K without a reported change over the past week. The primary exposure here is smart-contract risk due to the single-asset nature of the pool, which can be heightened by the volatility associated with ETH derivatives.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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