Yields Of The Week: April 12 - April 18 2025

Welcome to Yields of the Week! Every Friday, we spotlight the top DeFi yields across the crypto landscape, focusing on opportunities that are not just the highest APYs but also sustainable and unique opportunities. Whether you're new to DeFi or a seasoned degen, our goal is to help you navigate the yield farming space with confidence. Let’s dive into this week’s picks!

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Before we get started, this is never a recommendation or endorsement to buy any token(s) mentioned, and here’s a few risks to consider:

• Smart contract risk in any underlying protocols

• Pool size and liquidity depth

• Front-end spoof attack on an app frontend

• An economic design exploit

• Colluding signers on any multisig

• Systemic risk across DeFi, including stablecoin depegs

Stablecoin Yields

(Note: we’re now showing non-boosted yields and boosted yields that include rewards)

Here’s links to the top 5 yielding stablecoin pools (non-boosted) for the past 7 days according to Vaults.fyi:

8.46% - sDOLA

7.72% - Syrup USDT

7.49% - Hyperithm USDC

7.29% - Fluid GHO

6.67% - Fluid USDT

Full list below:

Here’s links to the top 5 yielding stablecoin pools (boosted) for the past 7 days according to Vaults.fyi:

9.27% - Compound Blue USDT

8.82% - Compound Blue USDC

8.46% - sDOLA

8.34% - Euler Yield USDT

8.25% - Hyperithm USDC

Full list below:

Bonus: We know the Origami team fairly well and they’ve really been cooking in the Berachain ecosystem.

This OHM - HONEY auto compounder is interesting to me. It’s currently yielding 41% APY (has been much higher) with ~$35M in TVL. OHM is a volatile token, whereas HONEY is a stablecoin, meaning this pairing would be exposed to some level of IL. That said, even though OHM dropped a bit recently, it’s been a low volatility token over the past 3.5 years with one of the better price floors in crypto. The IL risk starts to be somewhat outweighed by this level of APY if you’re planning on deploying for at least a few months (but definitely worth considering still).

DCF GOD called it out recently as well:

Bonus: Tokemak’s AutoUSD pool was a PMF no brainer. In one week there is already ~$22M deployed here. The yield has come down a bit and is now yielding 11.91% APY (6.82% base + 5.09% TOKE).

I have some alpha here that I can’t share yet, but there’s a lot more yield sources coming to this one that should make it even more competitive in the next ~month(s).

ETH & BTC Yields

(Note: we’re now showing non-boosted yields and boosted yields that include rewards)

Here’s links to the top 5 yielding ETH and BTC pools (non-boosted) for the past 7 days according to Vaults.fyi:

4.64% - MEV Capital wETH

4.18% - Index Coop hyETH

3.64% - Frax sfrxETH

3.57% - Gauntlet WETH Core

3.44% - ether.fi Liquid ETH 1

Full list below:

Here’s links to the top 5 yielding ETH and BTC pools (boosted) for the past 7 days according to Vaults.fyi:

7.65% - Compound Blue WETH

7.54% - Euler Prime WETH

5.81% - Seamless WETH Vault

5.02% - MEV Capital wETH

4.85% - Index Coop hyETH

Full list below:

Bonus: I wanted to highlight the Smart Debt and Smart Collateral features from Fluid this week as its something that should be on everyone’s radar IMO.

Take a look at this image below:

This is a Smart Collateral position on Fluid. This means that you’re OK with having your Bitcoin collateral split between cbBTC and/or WBTC. Your collateral is used under the hood in a cbBTC - WBTC LP and trading fees from this are routed back to you the user. Meaning, your idle collateral is being put to use and earning fees.

Why is this important? In the example above, due to utilizing smart collateral, your net APY is positive even while borrowing 50% of your collateral position in USDC.

Meaning, this is one of the few (if not only) ways I know of in DeFi to borrow against your Bitcoin for free!

Many already know this, but I still feel like its a bit misunderstood or underexplored.

Bonus: I’m (Nomatic) personally a Hyperliquid bull and have been waiting for Kinetiq to go live as I believe it will be the winning native LST for the ecosystem (DeFi Dad + Nomatic are investors in Kinetiq).

It looks like we could be getting closer with this announcement:

Staking HYPE for kHYPE will make it composable in DeFi and this vault looks like it will give you passive access to HyperEVM DeFi. I’m personally quite bullish on Veda as well. We know the team very well and have done a podcast with their founder Sun on The Edge Podcast here

I’m just flagging this one now as its one I think is worth keeping an eye on 👀 

Yield Trading

Checking in on what Pendle is cooking this week!

Stables

USR by Resolv back on top 👀 (I should have bought more YTs when they were on sale)

BTC

ETH

Leverage Looping Yields

Looping can be a very effective leverage strategy to earn more yield, but one must be cautious to monitor borrowing rates, and liquidations which are a necessary cost to generate such leveraged yields (we don’t recommend max leverage). It’s also important to know if you’re going after points or real yield when looping.

We’re highlighting Fluid “Multiply” this week:

This opportunity has a max leverage APY of 45.18% and involves looping wstETH/ETH:

That’s all for now, thanks for checking it out!

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