Yields Of The Week: Nov 30 - Dec 6, 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!

♦️ REDSTONE ORACLES | THE FASTEST GROWING ORACLE FOR DEFI

🧪 MANTLE | START YOUR RESTAKING JOURNEY TODAY WITH CMETH

🐡 PUFFER FINANCE | LIQUID RESTAKING FOR THE LITTLE FISH

🌔 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:

37.68% - Convex Curve Lending USDe/crvUSD

35.59% - Convex Curve Lending sUSDe/crvUSD

34.03%% - Convex Curve Lending sDOLA/crvUSD

28.68% - Seamless USDC

27.93% - Overnight USD+

Full list below:

Bonus: The Coinshift team have launched an innovative new Liquid Lending Token (LLT) recently that’s starting to show some nice yields - currently 39.7%. Also, a little alpha, these yields are going to get even better soon. Here’s some of my longer form thoughts on the team and their csUDL product:

Since this tweet, I’ve actually got to know many of the team very well. They’re all fully doxed OG crypto builders.

Bonus: The Usual pills campaign has ended and the yields on their flagship stable USD0++ and stable pools are off the charts right now. You can see the yields below ranging from 62% - 73% APY:

ETH/BTC Yield

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

9.13% - Metronome msETH Vault

8.87% - Gauntlet LRT Core

8.84% - MEV Capital wETH

8.84% - Re7 WETH

8.79% - Pyth ETH

Full list below:

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

BTC Super Staking - 28.21%

ETH Super Staking - 48.78%

SOL Super Staking - 46.4%

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.

As we mentioned last week, Pendle has launched on Base. In addition to what we shared last week, Moonwell has been added to the mix. See below:

10.47 % - mUSDC

8.034% - LBTC

3.229% - mcbBTC

2.522% - cbETH

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 (we don’t recommend max leverage). It’s also important to know if you’re going after points or real yield when looping.

This week we have another looping strategy from DeFi Dojo. This one is a stable strategy involving Ethena, Mantle and Dolomite. Check out the X post below for details and some good points of caution:

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

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