Sky Lending · Ethereum

WSTETH (WSTETH-A)

Overview

The Sky Lending WSTETH pool on Ethereum is a collateralized debt position (CDP) where users deposit wrapped staked ETH to generate yield or borrow against the collateral. The protocol allows for flexible borrowing and lending of WSTETH, enabling users to manage their crypto assets efficiently.

Total APY stands at 0%, with no reward component. Both the 7-day and 30-day trend data are unavailable. Given that there is no historical mean available for comparison, current rates cannot be assessed against past performance.

TVL currently sits at $49M without a specified 7-day change. The primary exposure here is smart-contract risk due to the nature of the CDP mechanism. Users must carefully monitor their collateral levels and borrowing limits to avoid liquidation risks associated with this type of pool.

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.