Yearn Finance · Katana

VBWBTC

Overview

The Yearn Finance VBWBTC pool on the Katana chain is a yield aggregator that generates returns by farming and compounding rewards from various DeFi protocols using wrapped Bitcoin (WBTC) as collateral. The asset role of VBWBTC serves as a liquid-staking receipt, allowing users to participate in staking rewards while maintaining liquidity.

The total APY stands at 1.67%, entirely driven by the reward component since there is no base yield. Over the past seven days, the APY has increased by 0.12% and over the last thirty days, it has risen by 1.51%. This current rate exceeds the 30-day mean of 1.9%.

TVL in this pool amounts to $1.14M with no reported change over the past seven days. The primary risk exposure is smart-contract risk due to its reliance on multiple underlying protocols for generating yield. Given that VBWBTC represents a single-asset position without impermanent loss risk, users are primarily concerned with the performance and security of Yearn Finance's automated strategies.

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.

• Yield variability

  Current APY is 2.10%; 30-day mean is 1.91%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 53% confidence based on historical patterns.

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