Uniswap V3 · Ethereum

MKR-WETH (0.3%)

Overview

The Uniswap V3 MKR-WETH pool on Ethereum is a multi-asset liquidity position that generates yield from trading fees. Users supply both MakerDAO (MKR) and Wrapped Ether (WETH) to facilitate trades, earning a share of the transaction fees collected by the protocol.

Total APY stands at 0.56%, with no additional reward component. The 7-day trend shows a decline of -1.57% while the 30-day trend indicates a drop of -8.42%. This current rate is below the 30-day mean of 6.27%.

TVL currently sits at $362,247 with no recent change data available. The primary risk for this pool involves impermanent loss due to its multi-asset nature. Liquidity providers are exposed to price fluctuations between MKR and WETH, which can lead to losses if they withdraw their funds before the asset prices stabilize.

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 23.08%; 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 96% confidence based on historical patterns.

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