Uniswap V3 · Ethereum

WBTC-USDT (0.3%)

Overview

The Uniswap V3 WBTC-USDT pool on Ethereum is a liquidity position that attracts traders by providing them with access to the trading pair between Wrapped Bitcoin (WBTC) and Tether (USDT). The protocol generates yield for liquidity providers through transaction fees charged on trades executed against their pooled tokens.

Total APY stands at 3.84%, composed solely of base rewards, as there is no additional incentive layer. Over the past seven days, the rate has declined by 0.02%, and over the last thirty days, it has dropped by 8.87%. This places the current yield below the 30-day mean of 6.78%.

TVL currently sits at $27M with no reported change in the past week. The primary risk for this multi-asset pool is exposure to impermanent loss due to price fluctuations between WBTC and USDT. Liquidity providers benefit from a relatively deep liquidity pool, which helps maintain stable trading conditions and fee generation.

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 3.12%; 30-day mean is 8.78%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 63% confidence based on historical patterns.

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