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Additional boost on top of base APY

Updated on May 30, 2026

Action

Deposit wstETH into the cp0x pool and farm passive APY.

cp0x and Gearbox launched a permissionless wstETH v3 pool offering passive yield from lending. Users can simply earn from wstETH deposits or amplify returns through looping strategies with cp0xLRT.

Description

Gearbox – cp0x Lending Pool & Looping Strategy (wstETH v3)

cp0x, in collaboration with Gearbox, launched one of the first permissionless pools for wstETH / cp0xLRT, offering passive annual yield.

Current APY:

  • Organic APY: yield from lending funds in the pool 2.50%

  • Intrinsic APY: base yield from holding wstETH 2.56%

  • wstETH Incentive: additional boost until October 18, 2025 2.33%

The effective APY is the sum of all components. It changes in real time on the protocol side.

What it offers:

  • Lending market: users can deposit wstETH into the pool and earn passive yield without managing strategies.

  • Looping strategy: users can collateralize cp0xLRT (or wstETH converted into cp0xLRT) and borrow wstETH from the pool to leverage their yield. In this strategy, cp0x retains 50% of the points as compensation for providing incentives to the pool.
    Bonuses: Mellow Points ~19x and Symbiotic Points ~9.5x.