SushiSwap V3 · Ethereum

MKR-WETH (0.3%)

Overview

The SushiSwap V3 MKR-WETH pool on Ethereum is a liquidity position for the MKR-WETH pair, where providers earn fees from trades executed against their pooled tokens. The protocol generates yield by facilitating swaps and collecting trading fees.

Total APY stands at 0.40%, with no additional reward component. Over the past week, this rate has decreased by 1.34% and over the month, it has fallen by 6.79%. This current rate is below the 30-day mean of 4.26%.

TVL in the pool amounts to $346K with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of the liquidity provision. Depth of liquidity for MKR-WETH pairs is crucial, as it affects the slippage and trading fees earned by providers.

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 19.47%; 30-day mean is 10.82%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 92% confidence based on historical patterns.

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