Pangolin V2 · Avalanche

WETH.E-WAVAX

Overview

The Pangolin V2 WETH.E-WAVAX pool on Avalanche is a liquidity position for trading wrapped Ethereum (WETH) against wrapped AVAX (WAVAX). This decentralized exchange protocol generates yield by facilitating trades and earning fees from transaction volumes.

Total APY stands at 15.03% with no additional reward component. Over the past week, this rate has decreased by 6.51%, while over the last month it has fallen further by 4.91%. This current rate is below the 30-day mean of 9.03%.

TVL in the pool totals $192K with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of the liquidity provision. Depth and stability of liquidity are key factors influencing trading performance on this DEX.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 10.07%; 30-day mean is 2.10%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 55% confidence based on historical patterns.

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