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Yields Of The Week: October 1
3Jane, Midas, Avant, Kinetiq kPoints Strategy and 100% APR on Gearbox
Welcome to Yields of the Week! Every Friday, we spotlight the top DeFi yields across the crypto landscape, focusing on opportunities that are not just the highest APYs but also sustainable and unique 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!
This is never a recommendation or endorsement to buy any token(s) mentioned, and here’s a few risks to consider:
Smart contract risk in any underlying protocols
Pool size and liquidity depth
Front-end spoof attack on an app frontend
An economic design exploit
Colluding signers on any multisig
Systemic risk across DeFi, including stablecoin depegs
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We’re looking at 30 day boosted yields this week!
Stablecoin Yields
Here’s the top yielding stablecoin vaults (boosted) for the past 30 days according to Vaults.fyi:
Min $5M TVL
ETH & BTC Yields
Here’s the top yielding ETH vaults (boosted) for the past 30 days according to Vaults.fyi:
Min $5M TVL
Here’s the top yielding BTC vaults (boosted) for the past 30 days according to Vaults.fyi:
Min $10M TVL
3Jane is a new credit primitive that has been tried before, but not quite in this way. The necessary infrastructure is now ready to make a project like 3Jane possible.
Here’s what we wrote about it in our “Tokens on our Radar” piece:
I haven’t been able to use it yet (coming to Canada 🔜 I hope), but so far DeFi Dad has managed to pull a $100k line of credit at sub 8% interest. Click on his post below and read the whole thing, I really think this can materially change DeFi if they can scale it:
If @VitalikButerin or anyone close to him sees this, I wanted to make him aware we are already borrowing with zero collateral on Ethereum with @3janexyz, only reputation scoring using onchain data + offchain data thanks to a zktls integration.
3Jane is designed for working
— DeFi Dad ⟠ defidad.eth (@DeFi_Dad)
3:19 PM • Sep 24, 2025
This is one that could make sense to use early in order to build up a good onchain credit score (not financial advice of course).
If you really want to do your homework, we peppered the founder Jacob with every question we could think of on our podcast - all links posted here:
We talked about Midas a few months back when onchain hedge funds were becoming popular. I was surprised to see how much they had grown, reaching $1.12 billion in TVL, and how many impressive markets they had created since then.
Check out all these different opportunities (with some incredible partners):
One really cool thing is that if you click on any of these markets there is a great “Factsheet” on how the vault operates as well as lots of transparency documentation.
We mention Avant a lot in YOTW and have introduced each of their new products here over the past many months.
Recently, they expanded their suite of offerings to support a yield bearing ETH position:
Avant has had some of the highest no leverage yield in DeFi for the past ~6 months
As always, I find this chart can be really helpful to discern the different risk profiles of each of these offerings:
Yield Trading
The big news of the day in Pendle world is Kinetiq’s surprise announcement that kPoints are ending October 16th. See full announcement here:
The final kPoints distribution will occur on October 16th.
Heavily Kinetiq coded.
— Kinetiq (@kinetiq_xyz)
11:06 AM • Sep 30, 2025
Analysis
I bought a little bit more kHYPE YTs at around 6.8% IY, but missed the really good dip early morning on September 29th. I like Bitcoineo’s breakdown posted below:
Hyperliquid Eco made some assumptions here on what final $/pt might end up at:
Again, this is total speculation, but I’m starting to think $20 - $25 per point is possible here
With 2 more distributions left before October 16th, I have a strong hunch that Kinetiq team will juice these final distributions a bit, but nothing is certain (and definitely not financial advice).
Here’s what the top yield markets on Pendle look like across Stables, BTC, ETH and HYPE (keep an eye on the maturity dates, pools with only a few days left typically show elevated yields):
Stables
26.76% - 36.16% - The top 4 positions are both AI DeFi tokens
BTC
1.47% - 3.25%
ETH
HYPE
11.68% - 22.89%
Leverage Looping Yields
Looping can be a very effective leverage strategy to earn more yield, but one must be cautious to monitor borrowing rates, and liquidations which are a necessary cost to generate such leveraged yields (we don’t recommend max leverage). It’s also important to know if you’re going after points or real yield when looping.
Gearbox has some nice loops with incredibly low borrow rates at the moment. These particular strategies are centered around Midas products and generating between 96.89% - 99.25% APR:
OK and one other thing, TIL that Tezos is powering an L2 called Etherlink and that’s where these markets are:
Proof that it’s impossible to stay fully on top of everything happening in crypto - I had no idea this existed.
Finally, here’s a helpful looping tutorial from DeFi Dad where he uses GAIB Pendle PT as an example:
I only recently realized just how many @pendle_fi pools now have a curated lending/borrowing markets (ie @MorphoLabs or @eulerfinance).
When you are considering which pools to buy PTs and earn a fixed yield, click on the little i bubble, look under the "Pencosystem," and check
— DeFi Dad ⟠ defidad.eth (@DeFi_Dad)
4:31 PM • Sep 29, 2025
That’s all for now, thanks for checking it out!
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