vaults.fyi Onchain Yield Roundup - November 29, 2024
A look at the top DeFi opportunities:
Notional’s Prime USDT vault has the highest APY on vaults.fyi – currently 41.70%. 2 vaults from Silo Finance and Convex Finance follow up with 36.45% and 29.38% APY respectively, while Overnight Finance’s USD+ vault offers a similar yield with higher TVL. Yearn’s WETH-2 yVault has the highest ETH APY on vaults.fyi at 28.99%. Learn more about Yearn in our recent protocol spotlight.
Ethena’s USDe reigns supreme in the >50M TVL category on vaults.fyi with 20.16% APY, followed by DAI and USDC vaults from Aave, Fluid, and Morpho – each yielding 14 - 15%.
Notably, APY in Aave’s v3 DAI vault is on the rise after post-US election TVL inflows, making it the top >$50M vault after Ethena’s USDe. The vault has outperformed its USDC and USDC counterparts with an APY of 15%, although it has a much lower TVL.
Morpho yields have seen a boost across the board after the launch of the MORPHO token last week, which had been non-transferable since the protocol’s inception. We’ve since started tracking these rewards on vaults.fyi and factoring them into our APY calculations. Gauntlet’s USDC Core vault is yielding 14.24% APY, with 2.45% coming from MORPHO rewards.
