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. Morpho Blue generates yield by routing borrowing demand against pooled WSTETH liquidity and paying suppliers from the resulting interest spread. Total APY stands at 0%, with no reward component, and there is no trend data available for both the 7-day and 30-day periods since the mean APY over the past 30 days is also 0%. TVL currently sits at $49M without a reported 7-day change. The primary risk exposure here is smart-contract risk due to the single-asset nature of the pool, with no impermanent loss or depeg concerns present.

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.