NAVI Lending · Sui

WBTC

Overview

The NAVI Lending WBTC pool on Sui is a single-asset lending position where suppliers earn variable interest on Bitcoin (BTC) wrapped tokens deposited as WBTC. The protocol generates yield by matching borrower demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY of 144.58% comes from base lending plus an additional reward layer, with a base rate of 10.08% and a reward rate of 134.5%. The 7-day trend is down by 15.02%, while the 30-day trend shows a decline of 21.99%, placing the current APY below the 30-day mean of 34.15%.

TVL stands at $1.95M with no reported change over the past week; primary exposure is smart-contract risk given the protocol's lending nature. NAVI Lending operates in a competitive market, and the utilization rate on this pool reflects typical levels for its asset class within the broader DeFi ecosystem.

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 1.50%; 30-day mean is 1.60%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 59% confidence based on historical patterns.

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