EarnETH

PROTECTED

EarnETH is an ETH growth vault allocating ETH and stETH across leading, blue-chip DeFi protocols meant to optimize for capital efficiency

APY* (7d avg.) 
TVL 
 
 
Performance fee10%
Platform fee1%

General Information

CuratorsMellow ↗
Vault contract deployed02 Feb 2026
Last audit date02 March 2026
Withdrawal wait timeup to 72 hours

Risk Disclosures

The EarnETH vault is designed to optimize ETH-based returns by allocating capital across a diversified selection of DeFi protocols and strategies within the broader ecosystem.
The vault provides exposure to multiple DeFi positions, each carrying smart contract risk and different levels of market and economic risk. Its strategies include liquidity provision, which may lead to impermanent loss, and the use of leverage, introducing potential liquidation risk. Please note that the vault is not available to U.S. persons, U.S. residents, or individuals located in other restricted jurisdictions. See this for further disclosures.

Lido EarnETH relies on third-party infrastructure provided by Mellow. By proceeding, you are subject to Mellow's Terms of Service and Privacy Notice.

By depositing cryptoassets into the Lido EarnETH vault you:
- acknowledge and accept Mellow's Terms of Use and Privacy Notice, Lido's Terms of Use and the Risk Disclosures.
- acknowledge and agree that the Lido EarnETH vault relies on third-party infrastructure provided by Mellow ("Third-Party Services") and that : (a) the operation, performance, security, legality, or continued availability of any such Third-Party Services cannot be guaranteed; (b) any integration, routing, or utilisation of cryptoassets through such Third-Party Services may result in partial or total loss, inaccessibility, or impairment of cryptoassets, whether due to malfunction, insolvency, security breach, exploit, hack, de-peg, or other technical or operational failure; and (‌c) you assume all such risks fully and voluntarily. By using or interacting with the vault, you acknowledge that the blockchain and DeFi ecosystems are experimental and inherently risky, and you accept and assume all risks associated with the use of any Third-Party Services, integrations, or protocols, entirely at your own discretion and responsibility.

Available to withdraw 
You will receive
  
Waiting time
up to 72 hours
What is EarnETH Vault and how it works
EarnETH Vault is a meta-vault designed to optimize returns on deployed assets across Lido Earn strategies. Today, it allocates assets across GGV and stRATEGY, with the ability to dynamically evolve its allocation mix. By abstracting strategy selection, the meta-vault provides ETH-denominated exposure to Lido Earn with the objective of balancing different risk and return profiles for ETH-denominated assets.
Comparison between GGV/stRATEGY and the EarnETH Vault
Before upgrade
Single vault
After upgrade
EarnETH
Vault Token
Vault Token
Vault Token
GG / strETH tokens, representing shares in the specific vault
Vault Token
earnETH, representing shares in the ETH meta-vault
Reward Strategy
Reward Strategy
Reward Strategy
Earning rewards in a specific strategy/vault
Reward Strategy
Keep earning rewards while we optimize for the best available strategy
Vault Selection
Vault Selection
Vault Selection
Manual vault choice
Vault Selection
Constant optimization between strategies
Curator Model
Curator Model
Curator Model
Lock-in to a specific curator
Curator Model
An evolving set of curators working on the risk/rewards optimization
Fees
Fees
Fees
1 % management fee
10 % performance fee
Fees
1 % management fee
10 % performance fee
The table above describes structural differences between accessing a single vault strategy and accessing a meta-vault that allocates across multiple strategies. It is provided for informational purposes only and does not constitute a recommendation. Outcomes and rewards may vary based on strategy composition, market conditions, and protocol parameters.
All accumulated Mellow points, as well as Obol and SSV rewards, remain yours. Your Mellow points balance is visible on the Mellow Dashboard. Obol rewards can be claimed here, and SSV rewards can be claimed here.

* APR/APY figures are estimates, not guaranteed, and are subject to change based on network conditions.


Rewards may fluctuate and are influenced by factors outside the platform’s control, including changes to blockchain protocols and validator performance. Past performance does not guarantee future results. Rewards are not assured and depend on the specific rules and mechanisms established by each underlying blockchain network. Users should conduct their own research, seek professional advice, and ensure they understand the risks before participating

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