Uniswap V2 · Ethereum

USDC-WETH

Overview

The Uniswap V2 USDC-WETH pool on Ethereum is a liquidity provider (LP) token that generates yield from trading fees earned by supplying liquidity to the decentralized exchange. Traders pay fees for each trade executed, and these fees are distributed among LPs based on their share of the pool.

Total APY stands at 1.56%, with no additional reward component. Over the past week, the APY has decreased by 2.94% and over the last month it has fallen by 4.84%. This current rate is below the 30-day mean of 2.95%.

TVL in this pool totals $18.6M with no reported change over the past week. The primary risk for LPs here is impermanent loss due to price fluctuations between USDC and WETH. Depth of liquidity ensures that traders can enter and exit positions without significantly impacting prices, which helps mitigate some volatility risks.

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 2.08%; 30-day mean is 5.40%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 64% confidence based on historical patterns.

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