The Ethereum mainnet holds more deployed smart contracts than addresses that have ever signed a transaction.
The Ethereum mainnet holds more deployed smart contracts than addresses that have ever signed a transaction.
19% of this vault is in higher-risk collateral, earning +162 bps over a plain WETH vault.
The WETH Core Vault will list a range of liquid collateral markets and continuously optimize risk-adjusted yield across those markets.
The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.
Weighted LLTV across markets is 93.1%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.
Vault has meaningful collateral exposure to liquid restaking tokens. A discount to ETH (>2%) propagates directly through liquidation cascades.