Stake DAO · Ethereum

ETH-STETH (Curve)

Overview

The Stake DAO ETH-STETH pool on Ethereum is a Curve-based yield-generating position that holds both ETH and staked ETH (STETH) tokens, providing liquidity for users to earn interest through the protocol's automated market-making mechanism. Total APY of 1.98% comprises base yield plus an additional reward layer at 0.41%. The 7-day trend shows a decline of -0.38%, and over the past month, it has dropped by -0.27%, placing current rates below the 30-day mean of 2.93%. TVL stands at $401K with no reported change in the last week; primary exposure includes smart-contract risk due to the multi-asset nature of the pool. Given its role within Stake DAO's broader yield strategy, this pool attracts users seeking diversified exposure to ETH and staked ETH liquidity provision, balancing between direct staking rewards and additional protocol incentives.

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 1.84%; 30-day mean is 2.19%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 75% confidence based on historical patterns.

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