Welcome to Yields of the Week! Every week, we spotlight the top DeFi yields across the crypto landscape, focusing on opportunities that are not just the highest APYs but also sustainable risk-adjusted opportunities. Whether you're new to DeFi or a seasoned degen, our goal is to help you navigate the yield farming space with confidence. Let’s dive into this week’s picks!

Built by the team behind the Sky Ecosystem (aka MakerDAO) and Oasis, Summer.fi provides automated access to high-quality DeFi yield through curated vaults for assets like ETH, USDT, and USDC.

Earn above benchmark yields + SUMR tokens on top!

USDC 30 day benchmark rate on Aave: 3.73% (up from 3.56% last week)

Here’s the top yielding stablecoin vaults (real yields) for the past 30 days:

Checking in on Stablewatch to see the 7-day TVL changes.

This week the top movers were Hyperwave +274.3%, Unitas +131.4% (Unitas was in last week as well - growing fast) and Midas + 27.4%.

The Ondo and Maple growth is also notable on such large TVL bases.

Nothing conclusive here, just things I’m watching:

ETH 30 day benchmark rate on Aave: 1.41% (up from 1.31% last week)

Here’s the top yielding ETH vaults (real yields) for the past 30 days:

Before we even get to yields this week, I think this is an excellent post by Rami. It covers a lot of the essential questions you should be asking yourself before you even enter anything:

Byreal Copy Strategies

Byreal is a new DEX on Solana, built by the ByBit team. It came up on my radar recently as I noticed they allowed you to copy trade LP positions. As you can see in my tweet below, I didn’t know this was possible:

I decided to check in on this same wallet (…bUggT4) and see if their strategy is still in the money and their P&L has actually grown:

This feels like another area where a curator could step in, combining attention, automation, and defined risk parameters. Maybe something like this already exists, but it strikes me as an interesting new surface area. It’s somewhat analogous to copy trading in terms of appeal. Either way, it’s a cool feature to add to a DEX, and I’ll definitely be keeping an eye on it.

Rocksolid Auto ETH Loop

I’ve heard consistently strong things about this team, and I thought it was notable that they were first to market with a Lido v3 instance. I’ve also been chatting with my friend Rektdiomedes, who’s been sharing more details and helping me understand a bit more about them.

If I’m reading this correctly, with this product they abstract away the leverage and target roughly a 5% to 6% ETH APR through a leveraged loop.

Another reason I’m intrigued is that some of my much higher-IQ friends over at ETH Strategy have already deployed:

Tau + InfiniFi Vault

From last week:

Caps were raised and it filled again in 30 min 😂 (maybe they should make it bigger!)

Yield as a Risk Signal

A nice article on yields and risk by Chaos Labs

In this article above they talk about risks with vaults on Perp DEXs and I actually had the OLP vault on Ostium flagged to look into this week, but they had some large swings recently with the metals blow off top.

This was the tweet that caught my eye:

But the reality is:

Btw, if you’re reading this on February 4th the Cap team have a huge announcement today and we will be breaking the news on our podcast.

TLDR;

I think the airdrop farmers will be happy and YT speculators are being treated like first class citizens.

Taking a look at the front page of DeFi yields on Pendle:

Stablecoins

BTC

ETH

HYPE

I came across an excellent article by Blocmates on MegaETH titled Early MegaETH Opportunities.

If there’s one thing crypto has taught us, it’s that being an early explorer in a new ecosystem can be rewarding. Even as the market matures, I’m still intrigued by what MegaETH has to offer, and this piece does a great job highlighting some of the quieter, easy-to-miss areas worth paying attention to.

That’s all for now, thanks for checking it out!

DISCLAIMER: Nothing written in The Edge Newsletter or said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed in our content are solely the opinion of that writer, host, or guest. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this content.