Yields Of The Week: March 29 - April 4 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:

16.34% - Resolv RLP 

(note: RLP is the junior to the USR senior - meaning RLP will act as insurance to USR in a risk event, hence why it comes with a higher yield)

9.65% - sDOLA

8.46% - Ethena Staked USDe

7.95% - Resolv stUSR

7.58% - Syrup USDT

Full list below:

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

16.34% - Resolv RLP 

(note: RLP is the junior to the USR senior - meaning RLP will act as insurance to USR in a risk event, hence why it comes with a higher yield)

10.47% - Convex Curve Lending sDOLA/crvUSD

9.65% - sDOLA

9.03% - Euler Base USDS

9.01% - Convex Curve Lending sUSDe/crvUSD

Full list below:

Bonus: We’ve written Avant up before, but we’ve recently gotten a lot more acquainted with the founding team. We’re also friends with a member of the founding team Rhett Shipp. They launched in January 2025, and we’ve probably had 4 - 5 calls with them now in addition to a lot of discussion on telegram. What they’re building is very interesting and scalable as a DeFi yield source.

They are essentially a fully onchain DeFi strategy fund where all yields are driven towards their “stable-value” token avUSD. Their yields have consistently outpaced Ethena yields (usually by double). You can track all their stats on their robust metrics page here.

One of my initial worries with something like this is centralization risk and security of assets. They have a lengthy section on this in their docs about how this all works which can be found here (with audit info). Plus, there’s more security upgrades in the works, such as zk proof of reserves and other redundancies/backstops.

They will be kicking off their points campaign soon I believe and we may work with them to see if we can get some extra perks for the Edge community 👀 

Bonus: The Tokemak token (TOKE) has not been doing well (as is the case with many alt tokens), but the Tokemak product suite has been showing signs of PMF. If you’ve read this column for a while, you know I like their Autopools for ETH.

Behind the scenes I’ve been talking for many months with their product engineer on the ETH pools, but also on the new AutoUSD pool that will be launching soon. I think it has the potential to be a big winner. It basically rebalances your position constantly across the best risk adjusted stablecoin vaults and yield bearing stable positions. In truth, it could completely reduce the need to read what I write every week 🤣 

Here’s a teaser:

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:

6.05% - Instadapp ETH v2

4.84% - MEV Capital wETH

4.72% - Gauntlet WETH Core

4.37% - Index Coop hyETH

4.22% - Swell SwETH

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:

6.05% - Instadapp ETH v2

5.40% - Gauntlet WETH Core

5.34% - MEV Capital wETH

5.21% - Euler Prime WETH

5.15% - Index Coop hyETH

Full list below:

Bonus: We wrote this Berachain opportunity up last week and as I was writing it the yields were going up in real time. It started at 242% APY, but ended up around ~1500% APY. I wanted to check back in on it this week and its continued to climb, while the underlying iBGT token has been holding up reasonably well also. Again, this is a vault between Infrared Finance and Origami. Link to the Origami vault here.

Here’s another breakdown of what’s happening in this vault:

Bonus: As DeFi Dad mentions below, this is an easy single-asset yield from Puffer Finance earning ~10% total APY:

Yield Trading

Checking in on what Pendle is cooking this week!

If you look at the PT yields below, what commonality do you notice amongst all the yields at the top of the list?

I’ll give you a hint: 🐻 

ETH

BTC

Stables

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 actually just wanted to write a little note here this week.

Myself and DeFi Dad were talking today about how much the spreads on on collateral vs borrowing have closed. The margins have become so thin on some of the yield bearing stablecoins that positions were starting to bleed. We actually closed some this morning that were starting to look bad.

All that to say, you definitely want to be careful with looping, many of the positions can look good in a moment but then turn overnight on you.

That said, focusing on collaterals that are fixed term can be helpful which is why many of the Pendle PT loops are popular.

It didn’t feel right to highlight anything this week in light of us not feeling fully comfortable venturing into many looping strategies at the moment 🫡 

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

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