WealthVille

FRAX-USDE

HOLD · 60%

Convex Finance · Ethereum · Stablecoin · Informational — not executable

46D · Weak

Wealthville Score

Verdict HOLD · 60% confidence

ai_engine=hold
How this score works →
Enter41

new capital

Hold53

keep position

Exit26

urgency to leave

The FRAX-USDE pool offers stablecoin-pair exposure on Ethereum, with returns driven by rewards rather than trading fees, distinguishing it from fee-generating pools and single-asset lending. It holds $33.92M of liquidity and yields 4.9%; WealthVille's AI verdict is HOLD at 62% confidence, reflecting the trade-off between reward income and depeg risk.

Computed 2026-09-04 11:25 UTC from on-chain yield, liquidity-depth, and risk signals. Not financial advice.

Liquidityhelp

lock

$33.92M

Total value locked

$0.00

24h volume

Yieldhelp

trending_up

4.9%

total APY

Base 0.0% + rewards 4.9%

0.0%

adjusted · trailing 7d base (est.)

Deposit

account_balance_wallet

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The FRAX-USDE pool offers stablecoin-pair exposure on Ethereum, with returns driven by rewards rather than trading fees, distinguishing it from fee-generating pools and single-asset lending. It holds $33.92M of liquidity and yields 4.9%; WealthVille's AI verdict is HOLD at 62% confidence, reflecting the trade-off between reward income and depeg risk.

History

30d Low

$33.89M

Latest

$33.92M

30d High

$33.93M

Daily snapshots · data via DefiLlama

#662 of 673 EVM pools · top 98%#427 of 436 on Ethereum#12 of 13 on Convex Finance

Performance

Base APY (24h)0.01%
Base APY (7d avg)0.02%
Fees earned (24h, est.)$9.29
Volume (24h)$0.00
Volume (7d)$0.00
Volume (30d)$0.00

Efficiency & Flow

TVL change (24h)+0.0%
TVL change (7d)+0.0%
Volume / TVL (24h)0.00x
Fee yield per $1 TVL / day$0.000000
Fee APR sustainability0% from feesvs rewards
Reward dependency100% of APRfrom emissions
TVL stability (30d CV)0.000lower is steadier

Pool Analysis

Yield breakdown

The quoted yield consists of 0.0% in base or fee income and 4.9% in incentives. With no current base yield, the return depends on reward emissions, token prices, program duration, and liquidity participation, so the displayed rate may decline or become less valuable if incentives are reduced or their market value falls.

Risk profile

The principal family-specific risk is depeg risk: FRAX or USDE can trade below its intended dollar value, and a divergence between them can create impermanent loss, adverse rebalancing, or losses when liquidity is withdrawn. The HOLD verdict at 62% confidence reflects that uncertainty alongside the reward-dependent return, rather than treating the pair as cash-equivalent. Ethereum gas costs can materially reduce returns for small positions, and this page is informational only; WealthVille does not execute on EVM and executes on Solana.

Assets

FRAX and USDE are dollar-oriented assets with different issuance, collateral, and stabilization mechanisms, so the pair is not equivalent to holding two identical dollars. Their liquidity and exchange depth determine slippage during entry or exit; if either asset moves below its target or the two prices diverge, the position can accumulate more of the weaker asset and realize impermanent loss.

Strategy note

Before entering, compare the FRAX-USDE price spread and current reward composition, then set a review trigger for a sustained peg deviation or a material fall in 4.9%; withdraw or reduce exposure if that trigger is reached after accounting for Ethereum gas.

In plain English

This pool puts two dollar-linked crypto assets together and pays mostly through incentives rather than trading fees. You can lose money if either asset stops tracking the dollar or if Ethereum transaction costs outweigh the rewards.

Why this verdict

  • ai_engine=hold

Frequently asked questions

Is the FRAX-USDE pool on convex-finance (Ethereum) safe for stablecoin yield?

It is not risk-free: the pool has smart-contract, liquidity, reward, and depeg risks, and its 4.9% is primarily incentive-based. The HOLD verdict at 62% confidence indicates a cautious assessment rather than a safety guarantee.

What is the depeg risk in the FRAX-USDE pool?

FRAX and USDE use different mechanisms to target the dollar, so either can trade below its target or diverge from the other. That can produce impermanent loss and leave the pool concentrated in the weaker asset; this risk is a central reason for the HOLD verdict.

How does this APY compare to lending FRAX on Ethereum?

The pool currently offers 4.9%, composed of 0.0% base or fee income and 4.9% rewards. Lending FRAX may have different utilization-driven rates and avoids the second-asset LP exposure, so comparison should include depeg, smart-contract, reward, and gas costs rather than APY alone.

Are the rewards on this pool sustainable?

The 4.9% component depends on ongoing incentive emissions, reward-token prices, and the number of participating liquidity providers, while 0.0% provides no current fee cushion. It can therefore decline without any change to the pool's token balances.

What are the gas costs of providing liquidity on Ethereum?

Gas is variable and can make deposits, withdrawals, and position adjustments uneconomic for small balances, especially when the pool's 4.9% is modest. Estimate the full round-trip Ethereum transaction cost before entering; this is informational, and WealthVille executes on Solana rather than EVM.

Token Details

FRA

FRAX

Ethereum

Explorer ↗
USD

USDE

Ethereum

Explorer ↗

Pool Details

ProtocolConvex Finance
ChainEthereum
CategoryYield
Stablecoin poolYes
Tracked since6/25/2026
Data updated2h ago

Verdict from WealthVille’s multi-signal reconciliation engine. Informational only — not financial advice.

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