Yields Of The Week: April 5 - April 11 2025

Curating The Best Yields In DeFi

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:

8.77% - sDOLA

7.47% - Syrup USDT

6.95% - Fluid USDT

6.77% - Syrup USDC

6.30% - Fluid USDC

Full list below:

Min $10M TVL

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

8.77% - sDOLA

7.47% - Syrup USDT

Full list below:

Min $10M TVL

Bonus: Tokemak’s AutoUSD pool is officially live with a 20.83% APY (6.75% Base + 14.08% TOKE) and $7.52M in TVL in less than 48 hours. This is one I’m keen to watch. I especially want to see what else gets added and how yields perform over time. Primarily, I want to see how high that base yield can get without needing as much TOKE subsidy:

Bonus: A new team we want to highlight this week is Upshift. We’ve gotten to know them (not invested/no paid partnership) and are impressed with them so far.

Upshift was launched by August Digital a DeFi prime brokerage for institutions, handling $7bn in monthly volume. This is a great read to understand the offering more.

One vault that caught my eye was their Ethena Growth sUSDe yielding 8.80% APY currently.

Note there is PT exposure within this vault. I’ve been waiting for a team to take away the frictions of Pendle and make these amazing yields they offer a bit more accessible.

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:

Full list below:

Min $10M in TVL

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

Full list below:

Bonus: HyperEVM is at a point now where I’m starting to get comfortable interacting with it with my personal funds. I am extremely bullish on HyperEVM (already massively bullish Hyperliquid) from around here on out (I might wait another week or two).

I was hesitant to jump into the early wave as, I felt a lot of apps were launching without complete audits. We’re now seeing some of the reputable native teams go live (Felix + Kinetiq soon).

We’re calling out Upshift again as they have a new HyperEVM vault that just opened. So far APYs aren’t live, but DeFi Dad shared a bit about the strategy under the hood:

Yield Trading

Checking in on what Pendle is cooking this week!

ETH

6.51% - 8.558%

BTC

2.52% - 3.42% (Big drop in PT BTC yields this week, is this maybe from Babyblon - BABY token going live? Could that have been propping up a lot of PT yield?)

Stables

11.88% - 13.31%

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.

The Gearbox chads have been cooking.

Here’s some nice fixed collateral looping opportunities that DeFi Dad calls out:

Also, Gearbox have a bespoke instance from Lido/Mellow that has recently gone live:

If you want a deep dive into this Lido instance, there is a whole blog post here:

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

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