MakerDAO Mulls Proposal To Boost DAI Savings Rate

Blend Drives Surge In NFT Lending Activity

 Up to 94% APY on Stablecoins, 112% APY on ETH

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 

It aims to educate traders, investors, and newcomers about investment opportunities in decentralized finance, as well as provide primers and guides about its emerging platforms. It is meant to be highly actionable and shareable.

Any information covered in DeFi Alpha should not form the basis for making investment decisions nor be construed as a recommendation or advice to engage in investment transactions. Any mention of a token or protocol should not be considered a recommendation or endorsement.

Before we get started, here are the top headline-grabbing events from this week that every savvy DeFi investor ought to keep on their radar.

Staked ETH Withdrawals To Activate On April 12

DeFi TVL Bounces Back Even as Active Users Decline in Q1

Governance Tokens Might Come With Legal Liability, US Judge Says

Trader Joe is Fastest-Growing DEX After Shift to Uniswap v3-Like Model

Kava Flips Solana As New Lending Protocol Boosts TVL

 is an enterprise-grade, reliable, and secure decentralized EVM-compatible public blockchain built for business, focusing on payments, established in 2019. Anyone can build on the Fuse blockchain and leverage enterprise-ready, decentralized tech – be it existing crypto projects, start-ups, or blue-chip companies.

Fuse provides businesses and developers with wallet-as-a-service, powerful tools, and an SDK for integrating Web3 features such as account abstraction, gasless transactions, and payments into real-world applications.

Fuse is fully EVM-compatible, meaning other EVM chain smart contracts can be deployed and run on Fuse quickly.

Fuse’s payment-focused Infrastructure enables businesses to integrate a wallet and Web3 payments into their products seamlessly.

Fast transaction confirmation times and low fees optimize Fuse for payments and quick finality.

Integrations with Ramp and Transfi mean users can quickly and globally on and off-ramp fiat to crypto and vice versa.

Developers can access integrated development environments (IDEs), debugging tools, analytics platforms, and over 100 more ecosystem partner services.

The Fuse mobile stack is designed for SMBs and communities facing a high entry barrier for reaching customers on mobile and creating reward and loyalty programs.

A supportive community of developers can provide valuable insights and guidance.

 what you’re building in Web3, check the 

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

: Up to 112% APR looping ETH 4X on Radiant Capital on Arbitrum  

This yield is accrued in ETH borrowing interest and mostly RDNT rewards.

To participate, it requires a leveraged ETH/ETH position with 5% of the value of the looped position in the 80/20 RDNT/ETH Balancer LP.

The LP must be staked for 12 months to achieve 112%, as of this writing.

 + zap into an LP staked for 1-12 months (1 month = 4% net APR vs 12 months = 112% net APR).

Caution: This is a leveraged ETH position that could get liquidated if borrowers do not maintain a health factor > 1. This is higher risk than lending or staking.

: Up to 67.8% APR looping WBTC 4X 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 LP must be staked for 12 months to achieve 67.8%, as of this writing.

Then, one must deposit WBTC into Radiant 

 + zap into an LP staked for 1-12 months.

Caution: This is a leveraged WBTC position that could get liquidated if borrowers do not maintain a health factor > 1. This is higher risk than lending or staking.

: 16.7% APY with a MaticX/MATIC leveraged staking position in Cian

The yield is backed by validator rewards using MaticX as collateral, and looping borrowed MATIC against the MaticX.

To participate on Polygon, one can follow the prompts to deposit into the MATICX/MATIC Leveraged Staking strategy 

: 22% APR staking ATOM with Keplr Wallet on Cosmos Hub 

rank by APR, choose a validator, and click 

Then, I specify how many ATOMs and follow the prompts to 

This yield is issued in SD, BNB staking yield, EPX, and trading fees.

: 43.5% APY with sAVAX/AVAX leveraged staking position in Cian

The yield is backed by validator rewards using sAVAX as collateral, and looping borrowed AVAX with Aave.

To participate on Avalanche, one can follow the prompts to deposit into the sAVAX/AVAX Folding – Aave strategy 

: 6.7% APY staking SOL with stSOL by Lido

: 4.7% APY staking sFTMx liquid staking derivative by Stader

The yield is issued in FTM rewards, as sFTMX is earning FTM via validator rewards to support Fantom’s PoS network.

To participate, one must deposit FTM for sFTMX 

: Up to 94.3% APR looping DAI 4X on Radiant Capital on Arbitrum  

This yield is accrued in DAI borrowing interest and mostly RDNT rewards.

To participate, it requires a leveraged DAI/DAI position with 5% of the value of the looped position in the 80/20 RDNT/ETH Balancer LP.

The LP must be staked for 12 months to achieve 94.3% APR, as of this writing.

Caution: This is a leveraged DAI position that could get liquidated if borrowers do not maintain a health factor > 1. This is higher risk than lending or staking.

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

How to Get Started with Polynomial Trade on Optimism

Disclosure: DeFi Dad was a seed investor in Polynomial. This is not a recommendation or endorsement to ever trade with leverage or buy any future token(s).

In DeFi, decentralized leverage trading has seen a rise in product-market fit more than any other sector over the past year. It started with early DeFi builders like dYdX and has exploded recently with the deepened liquidity now on Ethereum L2s like Arbitrum and Optimism.

 was building a derivatives liquidity protocol, challenged with countless issues to implement its vision on Ethereum L1.

Since the launch of Optimism in 2021, Synthetix has been evolving into more of a derivatives protocol layer with multiple dApps building on top of it, such as 

, and now the “DeFi Derivatives Powerhouse” 

In 2022, Polynomial launched options vaults (

) for call and puts selling with sETH and sUSD. These grew in popularity but also faced market headwinds as 2022 turned into a very bearish year for crypto.

During this crypto bear market, the Polynomial team continued building in stealth for a new decentralized perpetual futures trading platform, sourcing its liquidity from Synthetix on Optimism.

Perpetual futures, also known as perpetual swaps, are a very popular crypto product that started with centralized exchanges like Bitmex but have since then become a popular DeFi product.

Perpetual futures are a type of derivative contract that allows traders to speculate on the price of an underlying asset without an expiration date. The advantage is that the contract can be held indefinitely, with the trader choosing to either hold the position or close it out at any time.

Featured Yields: Up to 94% APY on Stablecoins, 112% APY on ETH

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 4RC, DeFi Dad, and our Degen in Chief yyctrader.

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