Steer Protocol · Ethereum

WETH-ETH+ (UniswapV3)

Overview

The Steer Protocol WETH-ETH+ pool on Ethereum is a liquidity manager that generates yield by facilitating trades between wrapped ether (WETH) and ether (ETH+) through the Uniswap V3 protocol. This multi-asset pool allows users to supply both assets, earning fees from trading activities.

Total APY stands at 18%, with no additional reward component. The 7-day trend shows a decline of 0.14% while the 30-day trend indicates a drop of 0.83%. This places the current rate below the 30-day mean of 1.42%.

TVL is $439,380 with no reported change over the past week; primary exposure includes smart-contract risk due to its multi-asset nature. Liquidity depth in this pool supports efficient trading and fee generation for suppliers.

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 0.56%; 30-day mean is 0.82%. 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.