Junior Vault

WETH · balance yd-jWETH
Vault TVL
WETH
Capacity
0 WETH to cap

Vault APY
Fundamental APY
Borrow rate
Vault TVL WETH
Leverage
LTV / LLTV / 86.00%
Share price

Market APY135%53%0%-29%06-0106-1106-2006-3007-1007-1907-29
junior vault fundamental 7d trailing
Junior Vault13.19%
Fundamental6.66%
7d trailing-5.54%

Senior Vault

WETH · balance yd-sWETH
Vault TVL
WETH
Capacity
0 WETH to cap

Vault APY
APY at target util.
Utilisation0.0% current / 90.0% target
Vault TVL WETH
Available
Share price
Yieldscale market0 WETH   0.0%
Idle (earns 0%)0 WETH   100.0%

Interest rate curve

Reading the rate curve…

YieldBasis markets

Loading chain state…

Protocol stats

StatusDeployed — unaudited
NetworkEthereum mainnet
Launch marketWETH
Junior TVL— WETH
Senior TVL— WETH

Keeper — open to anyone

Leverage
Rebalancewithin band
Senior cap WETH
Target cap WETH
Cap decreases apply immediately; increasesgo through the Senior vault's 1-day timelock, so raising it takes Sync now and Accept a day later.

Risks

LiquidationDebt and collateral are both BTC-denominated, so LTV is near-invariant to the BTC price. The real risk is yb-WBTC drifting against WBTC — rebalancing drag and TRD.
CapacityYieldBasis markets have a hard ceiling. When full, every deposit reverts. cbBTC is full today; WBTC is not.
Exit cost~66 bp round trip. Roughly 21 days at target APY to break even.

Contracts — WETH