Velodrome V3 · Ink

USD₮0-WETH (CL100 - 0.2%)

Overview

The Velodrome V3 USD₮0-WETH pool on Ink is a multi-asset liquidity position that generates yield through trading fees from decentralized exchange activities. The protocol aggregates liquidity for the USD₮0 and WETH token pair, enabling users to earn revenue based on transaction volumes.

Total APY stands at 2.92%, entirely driven by rewards with no base lending component. Over the past week, the APY has decreased by 3.26%, while there is no data available for the 30-day trend. The current rate falls below the 30-day mean of 8.86%.

TVL currently sits at $1.87M with no reported change over the last seven days. Primary exposure includes impermanent loss risk due to the multi-asset nature of the pool. This liquidity depth supports robust trading volumes, enhancing fee generation potential for participants.

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 8.32%; 30-day mean is 14.14%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 68% confidence based on historical patterns.

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