SparkDEX V4 · Flare

WETH-USD₮0

Overview

The SparkDEX V4 WETH-USD€0 pool on Flare is a liquidity position for the decentralized exchange, where users provide WETH and USD€0 tokens to facilitate trades between them. The protocol generates yield by charging trading fees from transactions that use this liquidity.

Total APY stands at 19.57%, combining base returns of 4.95% with an additional reward layer yielding 14.61%. Over the past week, the APY has declined by 15.16%, and over the last month, it has dropped by 2.94%, placing the current rate below the 30-day mean of 20.42%.

TVL is $324,801 with no reported change over the past week; primary exposure includes impermanent loss risk due to the multi-asset nature of the pool. This liquidity depth supports trading activity on SparkDEX V4, contributing to its role in facilitating decentralized exchange functions.

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 11.79%; 30-day mean is 22.39%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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