DeFi Alpha: Earn Yield With mkUSD From Prisma Finance

Each week we will provide options to earn yield on ETH, WBTC, stablecoins, and other major tokens.

• ETH: Up to 40% APY looping WETH 4.75X on Metronome Smart Farming on Optimism
  • This yield is accrued in all ETH yield.
  • Then, one can supply vaETH or WETH as collateral on Metronome Smart Farming on Optimism and loop up to 4.75X (when Health Factor = 1.01).
  • Caution: This is a leveraged ETH position that could get liquidated if borrowers do not maintain a health factor > 1.
• Stablecoins: Up to 32% APY in a wUSDR-wUSDbC LP on Aerodrome on Base L2
  • This yield is all auto-compounded for more of the Aerodrome LP tokens.
  • To participate, one must deposit into the vault here on Beefy Finance with either the LP tokens or either wUSDR or wUSDbC.
• WBTC: Up to 16% net APR looping WBTC 3.33X on Radiant Capital on Arbitrum
  • This yield is accrued in WBTC borrowing interest and mostly RDNT rewards.
  • To participate, it requires a leveraged WBTC/WBTC position with 5% of the value of the looped position in the 80/20 RDNT/ETH Balancer LP.
  • The RDNT LP must be staked for 12 months to achieve 16%.
  • One must deposit WBTC into Radiant here and loop 3.33X here + zap into an LP staked for 1-12 months.
  • Caution: This is a leveraged WBTC position that could get liquidated.
• ARB: Up to 9.5% net APR looping ARB 1.66X on Radiant Capital on Arbitrum
  • This yield is accrued in ARB borrowing interest and mostly RDNT rewards.
  • To participate, it requires a leveraged ARB/ARB position with 5% of the value of the looped position in the 80/20 RDNT/ETH Balancer LP.
  • The RDNT LP must be staked for 12 months to achieve 9.5%.
  • One must deposit ARB into Radiant here and loop 1.66X here + zap into an LP staked for 1-12 months.
  • Caution: This is a leveraged ARB position that could get liquidated.
• OP: 9.3% APY lending OP on Extra Finance on Optimism
  • The yield is ~50% lending interest in OP and ~50% EXTRA rewards.
  • One must lend OP here on Extra Finance to leveraged Velodrome LPs.
• MATIC: 7.17% APR with WMATIC-MaticX LP on Balancer on Polygon
  • The yield is backed by MaticX staking rewards, swap fees, and SD rewards.
  • To participate on Polygon, one must deposit MATIC here for MaticX and/or deposit MaticX or WMATIC here into the LP on Balancer Polygon.
• ATOM: 19.5% APR staking ATOM with on Stride
  • The yield earned is issued in ATOM.
  • To participate, one must deposit/stake ATOM here in the Stride dApp.
• BNB: 6.45% APY with the Ellipsis Finance BNB/BNBx LP staked in a Beefy vault
  • This yield is all auto-compounded for more of the Ellipsis LP tokens.
  • On BSC, one can deposit BNB for BNBx here on Stader.
  • Then, one can deposit BNB and/or BNBx here on Ellipsis and then stake the LP here on Beefy Finance.
• AVAX: 6.8% APY with ankrAVAX liquid staking
  • The yield is backed by validator rewards using ankrAVAX by Ankr.
  • To participate on Avalanche, one can follow the prompts to deposit AVAX here.
• SOL: 7% APY staking SOL with stSOL by Lido
  • This is backed by SOL staking yield.
  • To participate, one must deposit SOL here or buy it on a Solana DEX.

Please be aware we do not always report the highest yields because some high yields may be less sustainable due to high inflation token rewards or fewer LPs participating.