YieldNest Monthly Report – ynETHx (March 2026)
Vault Asset: ynETHx
Vault Chain: Ethereum Chain
Vault Type: MAX
Vault Launch Date: November 2024
Period Covered: March 1 – March 31, 2026
Report Date: April 1, 2026
1. Executive Summary
ynETHx is YieldNest’s MAX product deployed on Ethereum Chain. It auto-compounds ETH yield through DeFi-native strategies, offering liquid exposure and ETH L1 settlement.
Return accrues as the value of ynETHx increases relative to ETH.
2. Vault Overview Report (as of April 1, 2026)
Monthly Overview Report
- Vault TVL: $10,035,685.39 (4,771.6 WETH)
- APY stats from March:
- 2026-03-24 - 2026-03-31: 4.89%
- 2026-03-01 - 2026-03-31: 4.27%
3. Strategy Breakdown (as of April 1, 2026)
| Asset / Strategy | Allocation | Protocol | Description |
|---|---|---|---|
| wstETH / ynRWAx | 75.33% | AAVE | Supply wstETH on Aave, borrow USD to deposit into ynRWAx. |
| ETH Arbitrage | 17.19% | YieldNest | Delta Neutral Arbitrage Strategy compounding rewards in ETH. |
| ETH Lending | 4.14% | Morpho | Earns rewards by lending ETH to the MEV Capital wETH vault on Morpho while supporting instant withdrawals for ynETHx. |
| WETH | 2.10% | - | Freshly deposited wETH ready to be deployed into strategies. |
| ynETH | 1.24% | YieldNest | A native liquid staking token that earns rewards from ETH validators and AVSs on EigenLayer. |
4. Security & Risk Monitoring
Audited Completed:
On-Chain Protections:
- ERC-4626 modular vaults
- Strategy whitelisting via Guard Engine
- Proxy upgrade system
- Bounded execution for slashing/misallocation defense
5. Notable Events This Month
ynRWAx/USDC Now Live on Contango- YieldNest Launches First Onchain Credit Facility for RWA Liquidity with Cap Protocol & Agra
6. Outlook & Strategy Notes
- Optimized reward collection to improve yield efficiency and auto-compounding