vaults.fyi Onchain Yield Roundup - December 21, 2024
A look at the top DeFi opportunities:
Swaap Lend USDC and Apostro Resolv USDC, both vaults on Euler’s v2 protocol, top the vaults.fyi yield rankings with 38.28% and 38.08% APY respectively. Following the recent introduction of EUL rewards on vaults.fyi, many Euler vaults have been top performers. Vaults from Seamless, Morpho, and Convex also saw impressive yields, all above 30%.
Morpho vaults continue to dominate in the >$50M TVL category, with Usual Boosted USDC currently yielding 29.04% APY. The protocol has been a recent mainstay in the yield rankings following the introduction of MORPHO rewards. Ethena sUSDe, Fluid USDC, and Moonwell USDC make up the rest of the top 5.
We introduced our Reputation Score framework, a new methodology for evaluating DeFi vaults beyond APY. The framework weighs Protocol Integrity (40%), Pool Diagnostics (20%), Community Adoption (15%), and Asset/Chain Security (25%) to measure vault track records. The score favors protocols that have secured significant TVL over extended periods while incorporating metrics from Bluechip and L2BEAT for underlying asset and chain security assessments. Read more here.
We launched the beta version of the vaults.fyi app – a unified platform to discover, deploy, and optimize onchain strategies across 40+ vaults on mainnet, Arbitrum, Optimism, and Base with zero intermediaries. Check out what we've built and let us know what you think!
