Yields Of The Week: Nov 16 - Nov 22, 2024

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. Expect hands-on tutorials, expert strategies, and everything you need to master the digital asset space—starting with the best yields the market has to offer. Let’s dive into this week’s picks!

Special thanks to our sponsors who make it possible to provide FREE content like Yields of the Week!

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🌔 MOONWELL | THE LEADING LENDING AND BORROWING APP ON BASE

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

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

33.95% - Yearn-Ajna DAI Vault

25.58% - DAI-2 yVault

24.05% - Aave V3 sUSD

22.65% - Convex Curve Lending USDe/crvUSD

22.57% - Convex Curve Lending sUSDe/crvUSD

Full list below:

Bonus: Alpha ahead!

This is a new team on our radar, but one we’re watching closely and quite impressed with called Neutral Trade. They’re building all of this on Solana and they’re boasting some of the highest real yields on USDC, SOL, BTC and ETH! As with anything new, approach with a healthy amount of caution and skepticism. That said, I have been talking to the team in telegram and met a fully doxed member of their founding team over Zoom. Their USDC pool is currently yielding 71.58%:

How is this possible you ask?

Lastly, it's important to note that these vaults are capitalizing on the current frothy market conditions. Additionally, there is a 24-hour withdrawal waiting period for accessing your funds should you want to pull out.

ETH/BTC Yield

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

36.56% - WETH-2 yVault

8.45% - mevETH

7.81% - Arcadia WETH

5.99% - Pyth ETH

5.95% - Moonwell Flagship ETH

Full list below:

Bonus: Once again, Neutral Trade has some of the highest yields in all of DeFi on majors right now. However, these pools are new and < $1M in TVL:

BTC Super Staking - 19.1%

ETH Super Staking - 48.67%

SOL Super Staking - 25.71%

Bonus: Our friends at Ether.fi have kicked off a new campaign for 14 days ( Nov 20 - Dec 3) called The Golden Bull Event. For details, see below:

Pendle

Pendle - The easiest way to get started with Pendle is go to their markets page and filter by BTC, ETH, Stables, Points or RWAs. There’s something for almost everyone here. It’s truly becoming the front page of DeFi yield.

This week we’re going to look at the top ETH/Stablecoin PT yields.

Here’s the top 5 PT yields for ETH on Pendle this week:

7.427% - cmETH

7.096% - rstETH

7.072% - agETH

6.918% - steakLRT

6.882% - amphrETH

Full list below:

Here’s the top 5 PT yields for Stablecoins on Pendle this week:

23.87% - sUSDe

21.77% - USDe

20.49% - USDO++

20.02% - sUSDe

19.66% - sUSDe (Karak)

Full list below:

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. It’s also important to know if you’re going after points or real yield when looping.

This week we’ll be highlighting a new protocol on our radar called Rumpel. Rumpel offers a novel new way to “turn your points into profit”. We're excited to share a new strategy that utilizes the looping powers of Fluid and the instant points profits of Rumpel. At max leverage (which we don’t recommend), this strategy can achieve a ~92% APY on ETH! Click on the post below to learn how all this works:

If you want to check out a recent podcast we did with Rumpel, you can listen below:

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

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