ETH Compound V3
About ETH Compound V3
ETH Compound V3 is an autocompounder on Arbitrum with ETH as its underlying token, in which the yield is distributed. It earns yield from its underlying lending venue and automatically converts any claimed rewards into more ETH, removing the manual claim and conversion steps a user would otherwise need to perform on their own.
Rewards earned by the strategy (COMP) are periodically converted into ETH and added back to the vault. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders rather than borne by each user individually.
Live since November 2024. Currently indexed at $20K TVL across 6 holders, with a 1.73% 24-hour APY and 1.48% across the trailing 30 days.
Performance Overview
Historical indexer data. Past onchain performance is not a predictive forecast.
Market benchmarking
Among the 29 ETH strategies we currently monitor, this product ranks #9. Its 1.73% yield runs 47.5% lower than the cohort average of 3.30%. On a 1 ETH position, that's ~0.001306 ETH per month lower than the cohort average. 8 strategies in the cohort are currently delivering higher APY; 20 are delivering lower. It currently holds $20K in TVL, ranking #9 of 29 by TVL.
Ecosystem context
On Arbitrum, this product's yield runs 64.2% higher than the network average across the ETH strategies we monitor. By APY it ranks #1 of 6 in that set. Yields on Arbitrum for ETH have averaged 1.05% in our index.
Currently the top-yielding ETH opportunity on Arbitrum across the 6 products we monitor.
Yield trajectory
Historical indexer data. Past onchain performance is not a predictive forecast.
Strategy stability
Based on APY volatility over the last 30 days. Higher scores indicate steadier yields.
This strategy currently holds $20K, below our $50K liquidity mark. Thin liquidity can mean higher slippage on entry and exit, and the headline yield can be skewed by a small number of holders.
Long-term performance
- Share price has compounded at an annualized rate of 5.73% over 556 days, growing from 1.0000 to 1.0887. This represents a gain of ~0.0887 ETH per 1 ETH supplied at launch.
- TVL experienced a 34% drawdown from its $31K peak, bottoming at $20K over 34 days. It currently stands at $20K, 66% of the peak value.
- Best performing month was January 2025 at 7.56% average APY; weakest was March 2026 at 1.49%. The spread between best and worst months represents ~0.00506 ETH per 1 ETH per month.
Historical statistics
Over the past 556 days, this vault's APY has moved from an early average of 3.00% to a recent average of 1.57%, a 47.5% decrease. At the start of the window, 1 ETH would have earned ~0.002501 ETH/mo at then-current rates; at recent rates, ~0.001312 ETH/mo.
Total value locked currently sits at $20K, which is 66% of its all-time peak of $31K reached on May 2026.
APY
| 30D Low | 1.20% |
|---|---|
| 30D High | 2.07% |
| 30D Average | 1.48% |
| Lifetime avg (556d) | 2.22% |
| Median APY | 1.40% |
| Best day | 2.07% · May 10 |
| Worst day | 1.20% · May 28 |
| Volatility | ±0.23% |
| APY range | 0.88pp |
TVL
| 30D Low | $20K |
|---|---|
| 30D High | $29K |
| 30D Average | $24K |
| Lifetime avg (556d) | $6K |
| Median TVL | $26K |
| Best day | $29K · May 25 |
| Worst day | $20K · Jun 9 |
| Current TVL | $20K |
| Largest daily change | $6K |
Historical Data
| Date | APY |
|---|---|
| Jun 9, 2026 | 1.40% |
| Jun 7, 2026 | 1.40% |
| Jun 5, 2026 | 1.77% |
| Jun 4, 2026 | 1.71% |
| Jun 2, 2026 | 1.45% |
| Jun 1, 2026 | 1.39% |
| May 30, 2026 | 1.30% |
Strategy details
Frequently Asked Questions
What's the current APY for ETH Compound V3 on Arbitrum?
ETH Compound V3 on Arbitrum is showing a 24-hour APY of 1.73%, with a 30-day average of 1.48%. Rates are variable and move with market conditions, liquidity, and the underlying protocol's incentives. The figures reflect the realised yield over the trailing window; they are not a forward guarantee.
How does the autocompounding work?
The strategy holds positions in its underlying lending venue and periodically claims any rewards that accrue. Those rewards (COMP) are then converted into more ETH and added back to the vault, increasing the value of each holder's share. The process repeats automatically; holders are not required to claim, swap, or add anything back themselves. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders.
Can I withdraw at any time?
There are no withdrawal periods or lockups. If the underlying strategy holds enough liquidity to satisfy the request, exits are instant. During periods of liquidity stress in the underlying venue, withdrawal capacity can be limited until liquidity returns. See the risk page for details on how this works.
Where does the yield come from?
Yield is sourced from its underlying lending venue. The income stream is a combination of interest paid by the underlying market and reward emissions in COMP, which the strategy claims and converts back into ETH on a recurring basis. The rate moves with the underlying venue's utilisation and incentive schedule.
How stable has the APY been?
Over the last 30 days, this vault's APY has ranged from 1.20% to 2.07%, averaging 1.48%, with measured volatility of ±0.23%. The Strategy stability section above shows where this falls on the scale from very volatile to very consistent.
How much is currently in the vault?
The vault currently holds $20K in TVL across 6 holders. The Historical statistics section above shows how this compares to the vault's 30-day range and lifetime peak.
What are the risks?
Like any onchain yield strategy, this vault is exposed to smart contract risk in both the Harvest contracts and its underlying lending venue, market risk in the underlying venue it routes to, and protocol-specific risks of the assets it interacts with. Harvest's core vault infrastructure was audited by Halborn in January 2025. Audits reduce but do not eliminate risk.
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Latest data point: June 9, 2026 (1 day ago)
Harvest is an independent onchain yield index. Performance data reflects historical onchain activity and is not a forecast. See the methodology, risk framework, terms, and disclosures for details on how data is calculated and the risks associated with onchain yield strategies.
