CFTC Sees ‘Significant Risks’ From Digital Assets 

Rocket Pool Launches rETH On zkSync Era

 Up to 30% APR on Stablecoins, 14-16% on ETH and BTC

Earn An Upfront 15.64% APR By Flashstaking ETH

Earn 60% APR On ATOM With Stride Liquid Staking

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.

Two years ago, DeFi investors could easily name every yield farming opportunity without much effort. It was a simpler time, when only a handful of teams had launched with any liquidity to trade, lend, borrow, provide liquidity, or even demonstrate new primitives such as no-loss savings by PoolTogether.

But times have changed! Before the current bear market took hold, DeFi liquidity had grown to hundreds of billions of dollars across Ethereum with new burgeoning DeFi economies taking shape on EVM-compatible chains such as Polygon and Avalanche and non-EVM chains such as Cosmos and Solana. Any given day, a new DeFi or NFT project is launched.

So, after writing and creating countless DeFi guides and tutorials since 2019, we at The Defiant agreed it’s time we publish a more detailed weekly guide on all you need to know to keep up with new and old yield earning opportunities.

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.

 provides you with automated management strategies for most trusted protocols. Alongside Stop loss, Take profit and automated leverage, Maker and Liquity users can now rely on the advanced Trailing stop strategy.

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

 – 29.96% APY with the Concentrator Original Vault for the Curve pusd LP 

This yield is backed by Curve trading fees + CVX and CRV rewards periodically harvested and compounded into staked cvxCRV. The yield will ultimately be claimed via Concentrator’s aCRV (equal cvxCRV).

To participate, one must first deposit into the 

. Alternatively, I can skip the Curve deposit and use most any stablecoin with the Concentrator single-asset deposit under Concentrator pusd Original Vault -> 

 – 14.36% APR with the wETH/sETH LP staked in Velodrome on Optimism 

To participate, one must deposit and stake in 

 – 16.45% projected vAPR with the Curve pBTC LP staked in Convex 

This yield is accrued in CRV, CVX, and trading fees.

To participate, one must first deposit pBTC, renBTC, sBTC and/or WBTC into this 

 – 6% APR lending sAVAX to the sAVAX/AVAX pool on Platypus via Vector 

This yield is issued in VTX, PTP, QI, and AVAX.

To participate, one must deposit into the AVAX 

 – 6.06% APY lending stSOL on Tulip Protocol + 5.5% APY from the underlying SOL liquid staking rewards issued to stSOL holders 

This yield is backed by interest paid by borrowers on Tulip + staking rewards.

To participate, one must deposit stSOL in the 

To obtain stSOL, one can trade on a Solana DEX or mint it 

 – 18.76% APY with the 50/50 MaticX-WMATIC LP on MeshSwap 

The yield is backed by validator rewards using the MaticX liquid staking derivative + MeshSwap trading fees + MESH rewards + SD rewards.

ATOM – 60% APR on ATOM/stATOM Osmosis LP with Stride Liquid Staking

The yield earned is issued and claimable in ATOM and STRD tokens.

A step-by-step guide is provided in this week’s Degen Tutorial.

 – 13% APY staking with 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 to receive sFTMX 

 – 23.91% APY staking with HBARX liquid staking derivative by Stader 

The yield is issued in HBAR rewards, as HBARX is earning validator rewards.

To participate, one must deposit HBAR to receive HBARX 

In each DeFi Alpha guide, we update a list of the most obvious DeFi protocols that have yet to announce and/or launch a token.

NFT AMM SudoSwap has released details about its 

 and created some trading pools, you should be eligible!🎉

Layer-2 rollup Arbitrum kicked off a months-long program on June 21.

Participants will be able to claim NFTs based on completing various tasks.

Week 1 was Bridge Week and we walked you through it in a 

, we covered a series of on-chain quests.

We’ll be watching for the Odyssey to resume, now that Nitro is live.

 betting on a hunch that Optimism would release a token!

 – a protocol for comprehensive indices that provide access to differentiated sources of market risk.

Congrats if you used Concentrator! They’re currently running an 

 and are expected to distribute CTR tokens to early users of Concentrator.

 – a one-stop dashboard for creating, managing and tracking DeFi positions across Aave, Compound, Maker, Liquity, and Reflexer

 – leveraged yield farming similar to Alpha Homora but on Solana, one can choose to simply lend single assets or hold leveraged LPs to potentially earn an airdrop here

 – The leading DEX aggregator by trading volume on Solana

 – A cross-chain bridge and DEX aggregator protocol

 – A cross-chain, non-custodial browser extension wallet, similar to MetaMask but with more integrations for swapping cross-chain.

 – The leading NFT marketplace by trading volume on Solana

 – a crypto social trading platform built on Ethereum and other chains

 – one of the OG decentralized options protocols on Ethereum, with major investors that signal a token has to be in their future. Buy/sell puts or call options to earn a possible future airdrop.

 – one of the strongest players in the DeFi prediction market vertical, bet on an outcome related to crypto, politics, sports and more or add liquidity

 – A newer DeFi derivatives vault creator, built on Optimism

 – A decentralized fixed-income protocol on Ethereum, allowing users to manage risk through fixed rates and future yield trading on existing yield bearing-assets

 – one of the earliest DeFi protocols yet to launch a token for DeFi asset management, popular for TokenSets and known for powering IndexCoop indexes

 (formerly Movr) – their bridge aggregator 

 moves assets between chains, finding the cheapest, fastest route

 – Volmex is a tokenized volatility protocol, similar to the VIX but ETHV

 – a cross-chain messaging protocol known for bridging between Solana, Terra, Polygon, BSC, Avalanche, Fantom, and Oasis

 – a newer protocol for fixed-term, fixed-rate lending in DeFi, backed by Paradigm, one might earn a future airdrop by lending DAI or USDC

 – participate in Zapper trading, lending, providing liquidity, or yield farming; given the Zapper Quests and NFT Rewards program, it can be surmised that if Zapper ever releases a token, this is one way they might do a retro airdrop

 – same can be said speculated about Zerion; if they ever release a token, they’re likely to reward those who interacted with their smart contracts swapping, lending, providing liquidity, or borrowing

 is a Layer 2 scaling solution for Ethereum that uses 

 to enable scalable low-cost payments. Bridge some assets and do some swaps for a potential airdrop. 

Earn An Instant Upfront 15.64% APR By Flashstaking ETH

Have you ever wished to borrow or simply spend your future yield? A protocol called 

 recently launched, where one can earn instant upfront yield, while their staked assets remain locked up for a fixed term.

Flashstaking looks like a mash-up of the benefits of Alchemix self-repaying loans and fixed interest protocols such as APWine or Element, where you deposit for a fixed term and can sell your yield tokens upfront.

With Flashstake, you just select which token to lock up, for how long in minutes, hours, or days, and then instantly claim your yield upfront. While your tokens are locked up, Flashstake deposits them into a yield source to earn back the yield you were paid upfront.

For example, their current WETH Flashstaking strategy deposits into Aave v2 on Ethereum to lend WETH.

Here’s a few other pros and cons of this very experimental protocol:

Although Flashstaking looks a bit like a self-repaying loan by Alchemix, you instead have a guaranteed date to withdraw your original deposit.

There are no liquidations given this is not a lending/borrowing protocol.

If you want to unstake early, just return your yield and redeem your original stake.

While yields across DeFi may be lower, Flashstake is offering FLASH as a reward to compensate Flashstakers while the protocol is still new, which is how they’re currently offering 15.64% APR for ETH deposits.

One major drawback is there are limits to larger Flashstaking, given there’s only so much liquidity to sell FLASH rewards upfront, while the FLASH FDV = $3.75M. If I were to Flashstake, I would first estimate how much yield I might earn in FLASH and then check the slippage selling this amount on 

A newer protocol like this carries lots of risk, including all the usuals like smart contract bugs and whether it can bootstrap enough interest while its own low cap token FLASH is used as an incentive.

Today, I’ll show how I might flashstake ETH for 30 days to claim upfront yield denominated in FLASH, equivalent to 15.64% APR.

Before we get started, please be aware of these risks.

Smart contract risk in the Flashstake protocol

Front-end spoof attack on app.flashstake.io

Yields: Up to 30% APR on Stablecoins, 14-16% on ETH and BTC

Starter Tutorial: Earn An Upfront 15.64% APR By Flashstaking ETH

Degen Tutorial: Earn 60% APR On ATOM With Stride Liquid Staking



DeFi Alpha is a weekly newsletter published for our premium su...

⍺ DeFi Alpha: Earn 60% APR On Cosmos' ATOM With Stride Liquid Staking