The Defiant

Featured Yield

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Each week, we update this list of options to earn yield on stablecoins, ETH, WBTC, and other major tokens. Bookmark this page to stay updated.

We do not always report the highest yields because some high yields may be less sustainable due to inflationary token rewards or fewer LPs participating. For informational purposes only.

  • ETH

    Up to 33% APY fixed holding PT-ezETH through April 24, 2024 on Pendle

    • This yield is denominated in ezETH.
    • Pendle PT’s (principal tokens) are similar to zero-coupon bonds where they trade at deep discounts, offering full face value at maturity.
    • Due to Pendle’s demand for YT’s (yield tokens) to farm EigenLayer points, PT-ezETH is hugely discounted and will mature to full value by April 24, 2024.
    • One must simply swap for PT-ezETH here on the Pendle AMM.
    • Similar opportunities exist for PT-eETH and PT-rsETH.
  • Stablecoins

    Stablecoins: 220% APY lending crvUSD on Blueberry

    • This yield is accrued bdBLB tokens vesting over 1 year, with BLB FDV assumed to be $20M FDV, and BLB’s TGE planned for March 25, 2024.
    • To participate, one must deposit crvUSD here in the lending app for Blueberry.
    • Caution: Blueberry is a new protocol, and despite 2 audits, one could lose 100% of any deposit to an unforeseen exploit. The yield at 319% APY could be higher or lower depending on the token price of BLB on March 25th.
  • WBTC

    9.95% APY with Radpie BTCB looped on Radiant Capital on BSC

    • This yield is backed by borrowing interest earned in BTCB + RDNT rewards.
    • On BSC, one can deposit BTCB here.
  • SOL

    9% APY looping JitoSOL/SOL with Kamino Finance

    • This is backed by SOL staking yield.
    • To participate, one must deposit JitoSOL or SOL here in the Multiply Vaults.
  • OP

    Up to 4.5% net APY lending OP on Extra Finance

    • This yield is accrued in OP + EXTRA tokens.
    • One can lend OP here to borrowers under the OP (New Interest Model).
    • Caution: This is a leveraged position that could get liquidated.
  • MATIC

    10% APY with the 6X MATICX/MATIC Recursive Staking strategy on Cian

    • The yield is backed by validator rewards using MATICX as collateral and looping borrowed MATIC against MATICX on Aave V3 to achieve 6X leverage.
    • To participate on Polygon, one can follow the prompts to deposit into the 6X MATICX/MATIC RECURSIVE Staking strategy here on Cian.
  • AVAX

    15% APY with the sAVAX/AVAX Recursive Staking (Benqi) strategy on Cian

    • The yield is backed by validator rewards using sAVAX as collateral, and looping borrowed AVAX against the sAVAX on Benqi to achieve 2.8X leverage.
    • To participate on Avalanche, one can follow the prompts to deposit into the sAVAX/AVAX Recursive Staking - Benqi strategy here on Cian.
  • ATOM

    12% 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

    10% APY with a Radpie-boosted BNB deposit looped in Radiant Capital

    • This yield is backed by borrowing interest earned in BNB + RDNT rewards.
    • On BSC, one can deposit BNB here.

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