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# vaults.fyi Onchain Yield Roundup - January 10, 2025
- URL: https://blog.vaults.fyi/onchain-yield-roundup-100125/
- Published: 2025-01-10T22:29:56.000Z
- Updated: 2025-04-01T13:33:45.000Z
- Author: vaults.fyi
- Tags: Insights

**A look at the top DeFi opportunities:** 

- [Euler Finance](https://www.vaults.fyi/vaults?selectedProtocols=euler&ref=blog.vaults.fyi) sweeps the yield rankings this week, with their recently introduced 'Euler Yield' vaults claiming multiple top spots. APYs range from 23% to 53%, with their [FDUSD vault](https://www.vaults.fyi/vaults/mainnet/0x519Ea32be221E2EBb066d4781359a1c96579840F?ref=blog.vaults.fyi) leading with 53.35% APY 👇  
![](https://storage.ghost.io/c/80/1e/801e59ba-aea3-41d2-aff6-47dda0ee853e/content/images/2025/03/9ccc81da-6b1d-41ba-abbd-54988312618e_1963x1393.png)
- [Morpho](https://www.vaults.fyi/vaults?selectedProtocols=morpho&ref=blog.vaults.fyi) vaults again dominate the >$50M TVL category, with [MEV Capital Usual USDC](https://www.vaults.fyi/vaults/mainnet/0xd63070114470f685b75B74D60EEc7c1113d33a3D?ref=blog.vaults.fyi) currently offering the highest APY – despite concerns explored below. The protocol has seen impressive performance in this category with its USDC vaults consistently performing well. The top yield after Morpho is [Savings DAI on Gnosis Chain](https://www.vaults.fyi/vaults/gnosis/0xaf204776c7245bF4147c2612BF6e5972Ee483701?ref=blog.vaults.fyi) with 14.60% APY.  
![](https://storage.ghost.io/c/80/1e/801e59ba-aea3-41d2-aff6-47dda0ee853e/content/images/2025/03/b058b472-8711-4b82-bf2b-635d1c0298be_1969x701.png)
- However, [MEV Capital Usual USDC’s](https://www.vaults.fyi/vaults/mainnet/0xd63070114470f685b75B74D60EEc7c1113d33a3D?ref=blog.vaults.fyi) high yield is directly related to recent concerns around USD0++, which serves as collateral for the vault. As lenders have withdrawn liquidity due to USD0++'s depegging, utilization rates have increased, temporarily driving up yields. As always, exercise caution before entering positions!  
![](https://storage.ghost.io/c/80/1e/801e59ba-aea3-41d2-aff6-47dda0ee853e/content/images/2025/03/7a7d9358-fc7e-4610-a59c-6c01ce521679_2269x1855.png)
- The highest ETH yields on [vaults.fyi](https://www.vaults.fyi/vaults?ref=blog.vaults.fyi) comes from Seamless Finance’s leveraged [wstETH/ETH vault](https://www.vaults.fyi/vaults/base/0x258730e23cF2f25887Cb962d32Bd10b878ea8a4e?ref=blog.vaults.fyi) at 17.11% APY, followed closely by [Swaap Finance's WETH vault](https://www.vaults.fyi/vaults/mainnet/0x716bF454066a84F39A2F78b5707e79a9d64f1225?ref=blog.vaults.fyi) at 16.66%. Euler Finance rounds out the top 5 with their [Prime cbETH](https://www.vaults.fyi/vaults/mainnet/0x7338d86137052F0dF6e9048d6D23e09735a99585?ref=blog.vaults.fyi) and [WETH](https://www.vaults.fyi/vaults/mainnet/0xD8b27CF359b7D15710a5BE299AF6e7Bf904984C2?ref=blog.vaults.fyi) vaults, alongside [Gauntlet’s Ionic vault](https://www.vaults.fyi/vaults/base/0x9aB2d181E4b87ba57D5eD564D3eF652C4E710707?ref=blog.vaults.fyi), all offering \~7.8% APY 👇  
![](https://storage.ghost.io/c/80/1e/801e59ba-aea3-41d2-aff6-47dda0ee853e/content/images/2025/03/2354ec2e-8c49-4335-950e-128a0e326e88_1976x704.png)  
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