Pharaoh V3 · Avalanche

WETH.E-WAVAX (CL 0.08%)

Overview

The Pharaoh V3 WETH.E-WAVAX pool on Avalanche is a multi-asset liquidity position that generates yield through decentralized exchange trading fees. This liquidity pool holds both Ethereum and wrapped AVAX tokens, enabling users to provide liquidity for trades between these assets.

Total APY stands at 17.26%, entirely from the reward layer as base lending yields are zero. The 7-day trend shows an increase of 0.45% while the 30-day trend indicates a decline of 0.33%. This current rate is below the 30-day mean APY of 23.31%.

TVL in this pool is $2.7M, with no reported change over the past week. The primary risk exposure for liquidity providers is impermanent loss due to the multi-asset nature of the pool. Additionally, liquidity depth and trading volume on Avalanche influence fee generation stability within Pharaoh V3's decentralized exchange 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.

• 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 265.63%; 30-day mean is 23.18%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 93% confidence based on historical patterns.

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