Opportunities / Ethereum
Best Ethereum liquidity pools by net APR after impermanent loss
Ethereum concentrated-liquidity pools (Uniswap v3, Uniswap v4 and PancakeSwap v3) ranked by net APR: the fees of each pool's best price range minus impermanent loss, backtested every hour on exact on-chain fees. Updated hourly. Ranked by the net APR of each pool's best range over the last 7 days, pools with TVL of at least $100k, as of 2026-10-02T12:00 UTC. ≈ = some hours estimated from swaps.
| # | Pool | DEX · fee | TVL | Best range | Net APR | Fee APR | Impermanent loss | In range |
|---|---|---|---|---|---|---|---|---|
| 1 | WETH/USDT | Uniswap v3 · 0.05% | $10.1M | ±5% | 94.9% | 97.8% | 2.9% | 100% |
| 2 | USDC/WETH | Uniswap v3 · 0.05% | $99.1M | ±5% | 70.2% | 73.1% | 2.9% | 100% |
| 3 | wstETH/USDC | Uniswap v3 · 0.3% | $142k | ±5% | ≈64.2% | 65.4% | 1.2% | 100% |
| 4 | ETH/USDT | Uniswap v4 · 0.05% | $210k | ±5% | 60.7% | 63.5% | 2.8% | 100% |
| 5 | ETH/USDC | Uniswap v4 · 0.05% | $923k | ±5% | 59.8% | 62.8% | 2.9% | 100% |
| 6 | WETH/USDT | Uniswap v3 · 0.3% | $111.7M | ±5% | 58.3% | 59.6% | 1.3% | 100% |
| 7 | USDC/WETH | Uniswap v3 · 0.3% | $47.4M | ±5% | 58.0% | 59.2% | 1.2% | 100% |
| 8 | ETH/USDT | Uniswap v4 · 0.3% | $3.7M | ±5% | 57.3% | 58.7% | 1.3% | 100% |
| 9 | ETH/USDC | Uniswap v4 · 0.3% | $3.0M | ±5% | 57.3% | 58.6% | 1.3% | 100% |
| 10 | WETH/USDT | Uniswap v3 · 0.01% | $4.0M | ±5% | ≈54.9% | 57.9% | 2.9% | 100% |
| 11 | DAI/WETH | Uniswap v3 · 0.05% | $1.1M | ±5% | 54.5% | 57.3% | 2.8% | 100% |
| 12 | DAI/WETH | Uniswap v3 · 0.3% | $3.7M | ±5% | 54.2% | 55.6% | 1.3% | 100% |
| 13 | USDC/WETH | Uniswap v3 · 0.01% | $6.6M | ±5% | ≈54.1% | 57.1% | 3.1% | 100% |
| 14 | USDC/WETH | Uniswap v3 · 1% | $871k | ±5% | 42.5% | 45.4% | 2.9% | 100% |
| 15 | USDC/cbBTC | Uniswap v4 · 0.3% | $344k | ±5% | 40.1% | 46.9% | 6.8% | 100% |
| 16 | USDC/WETH | PancakeSwap v3 · 0.01% | $633k | ±5% | ≈36.6% | 39.7% | 3.1% | 100% |
| 17 | WETH/USDT | PancakeSwap v3 · 0.05% | $244k | ±5% | 35.5% | 38.4% | 2.9% | 100% |
| 18 | WBTC/USDC | Uniswap v4 · 0.3% | $606k | ±5% | 31.6% | 38.0% | 6.4% | 100% |
| 19 | WBTC/USDC | Uniswap v3 · 0.3% | $22.7M | ±5% | 31.6% | 38.5% | 6.9% | 100% |
| 20 | WETH/USDT | Uniswap v3 · 1% | $393k | ±5% | 31.4% | 34.3% | 3.0% | 100% |
| 21 | WBTC/USDT | Uniswap v4 · 0.3% | $2.0M | ±5% | 31.2% | 37.4% | 6.2% | 100% |
| 22 | WBTC/USDT | Uniswap v3 · 0.3% | $25.6M | ±5% | 29.8% | 37.0% | 7.1% | 100% |
| 23 | USDC/cbBTC | Uniswap v3 · 0.3% | $168k | ±5% | 29.2% | 35.8% | 6.6% | 100% |
| 24 | USDC/WETH | PancakeSwap v3 · 0.05% | $291k | ±5% | 27.8% | 30.0% | 2.2% | 100% |
| 25 | WBTC/USDT | Uniswap v3 · 0.05% | $27.7M | ±5% | 25.0% | 36.5% | 11.5% | 100% |
| 26 | WBTC/USDT | Uniswap v4 · 0.05% | $330k | ±5% | 19.8% | 31.1% | 11.3% | 100% |
| 27 | WBTC/USDC | Uniswap v3 · 0.05% | $351k | ±5% | ≈18.5% | 30.5% | 12.0% | 100% |
| 28 | WETH/USDT | PancakeSwap v3 · 0.01% | $109k | ±5% | ≈17.6% | 20.7% | 3.1% | 100% |
| 29 | ETH/WBTC | Uniswap v4 · 0.3% | $1.3M | ±5% | 12.4% | 13.2% | 0.8% | 100% |
| 30 | WBTC/WETH | Uniswap v3 · 0.3% | $45.7M | ±5% | 12.0% | 13.1% | 1.1% | 100% |
| 31 | WETH/cbBTC | Uniswap v3 · 0.3% | $829k | ±5% | 11.7% | 12.9% | 1.2% | 100% |
| 32 | WBTC/wstETH | Uniswap v4 · 0.25% | $695k | ±5% | 11.5% | 12.6% | 1.1% | 100% |
| 33 | WBTC/WETH | PancakeSwap v3 · 0.25% | $145k | ±5% | 11.2% | 12.4% | 1.3% | 100% |
| 34 | WBTC/WETH | Uniswap v3 · 0.05% | $42.8M | ±5% | 10.1% | 12.7% | 2.6% | 100% |
| 35 | ETH/WBTC | Uniswap v4 · 0.05% | $1.2M | ±5% | ≈8.3% | 11.0% | 2.7% | 100% |
| 36 | WBTC/WETH | Uniswap v3 · 0.01% | $621k | ±5% | 8.0% | 10.7% | 2.7% | 100% |
| 37 | USDC/USDT | Uniswap v3 · 0.05% | $658k | ±0.05% | ≈2.9% | 3.0% | 0.1% | 100% |
| 38 | USDC/USDT | Uniswap v4 · 0.01% | $297k | ±0.05% | ≈2.9% | 2.9% | 0.0% | 99% |
| 39 | DAI/USDT | Uniswap v3 · 0.01% | $1.3M | ±0.05% | ≈2.3% | 2.4% | 0.0% | 98% |
| 40 | DAI/USDC | Uniswap v3 · 0.05% | $521k | ±0.05% | 2.2% | 2.2% | 0.0% | 100% |
| 41 | DAI/USDT | Uniswap v4 · 0.0068% | $694k | ±0.05% | ≈1.8% | 1.8% | 0.0% | 98% |
| 42 | USDC/USDT | PancakeSwap v3 · 0.01% | $17.6M | ±0.05% | 1.3% | 1.3% | 0.0% | 98% |
| 43 | DAI/USDC | Uniswap v3 · 0.01% | $1.4M | ±0.05% | ≈1.2% | 1.2% | 0.0% | 100% |
| 44 | USDC/USDT | Uniswap v3 · 0.01% | $34.2M | ±0.05% | ≈1.1% | 1.1% | 0.0% | 97% |
| 45 | wstETH/WETH | Uniswap v3 · 0.01% | $6.7M | ±1% | 0.8% | 0.8% | 0.0% | 100% |
| 46 | USDC/USDT | Uniswap v4 · 0.0007% | $3.5M | ±0.5% | ≈0.6% | 0.6% | 0.0% | 100% |
| 47 | ETH/wstETH | Uniswap v4 · 0.01% | $580k | ±0.5% | 0.6% | 0.6% | 0.0% | 100% |
| 48 | USDC/USDT | Uniswap v4 · 0.0008% | $3.8M | ±0.05% | ≈0.5% | 0.5% | 0.0% | 91% |
| 49 | USDC/USDT | Uniswap v4 · 0.001% | $5.0M | ±0.05% | ≈0.5% | 0.5% | 0.0% | 91% |
| 50 | DAI/USDT | Uniswap v3 · 0.05% | $131k | ±0.05% | 0.5% | 0.9% | 0.5% | 100% |
Questions
What is the best liquidity pool on Ethereum right now?
By net APR after impermanent loss over the last 7 days, among pools with at least $100k of liquidity, the top pool is WETH/USDT 0.05% on Uniswap v3: its ±5% range earned 94.9% (fees 97.8%, impermanent loss 2.9%) as of 2026-10-02T12:00 UTC. The ranking is recomputed every hour; a high recent APR is not a forecast.
Which Ethereum DEXes does LPSignal cover?
Uniswap v3, Uniswap v4 and PancakeSwap v3 concentrated-liquidity pools whose two tokens are both established assets (stablecoins, ETH and BTC wrappers and staking tokens, and tokens of at least $100M market cap). Uniswap v4 pools are covered when they have no hooks and a static fee.
How is this ranking different from the APR on DEX sites?
DEX sites rank pools by fee APR: recent fees divided by all the liquidity in the pool. LPSignal ranks the best price range of each pool by what one unit of liquidity in that range actually earned (from the pool's fee-growth counters) minus its impermanent loss against holding the tokens — the return an LP would have kept.