Native Credit Pool · Ethereum

WBTC (single-side, no-loss LP)

Overview

The Native Credit Pool NWBTC on Ethereum is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed tokens (nwbtc). The protocol generates yield by routing borrowing demand against pooled nwbtc liquidity and paying suppliers from the resulting interest spread. Total APY stands at 21.4%, with no additional reward component. Over the past seven days, there has been no trend change, while over the last thirty days, it has declined by 7%. This places the current rate below the 30-day mean of 44.19%. TVL is $13.76M and remains stable with no reported 7-day change; primary exposure is smart-contract risk due to the lending nature of the pool. The single-asset focus minimizes impermanent loss concerns, focusing instead on the reliability of the underlying protocol's operations.

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 0.27%; 30-day mean is 0.26%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 85% confidence based on historical patterns.

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