- The Edge Newsletter
- Posts
- Yields Of The Week: September 18 2025
Yields Of The Week: September 18 2025
InfiniFi, ~50% yield on ESPN, Term+Ethena+Pendle, Giza "Pulse", 55% ETH yield
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
Thanks to our sponsors for making it possible to share this content for FREE!
| NEWSLETTER CONTINUES BELOW |
Click on image to learn more
Click on image to learn more
Click on image to learn more
.jpg)
Stablecoin Yields
Here’s the top yielding stablecoin vaults (boosted) for the past 7 days according to Vaults.fyi:
Min $5M TVL
ETH & BTC Yields
Here’s the top yielding ETH vaults (boosted) for the past 7 days according to Vaults.fyi:
Min $5M TVL
Here’s the top yielding BTC vaults (boosted) for the past 7 days according to Vaults.fyi:
Min $5M TVL
InfinFi is still one of the better risk-adjusted yields in the space IMO.
If you don’t need access to your stables right away and you’re OK with some duration, you can earn over 16% yield on USDC right now with no leverage.
AiRev outlines this in the thread below:
Continuing to grind the Yield trenches, evaluating as many protocols as I can to avoid round tripping on Perps
I recently was intro'd to @infiniFi_ that allocates to a basket of short and mid duration products offered on @pendle_fi, @MorphoLabs, @ethena_labs and others
Theres a
— AiRev (Yield Arc) (@ParallelAiRev)
8:37 PM • Sep 17, 2025
There’s a lot going on here under the hood. Let’s try to break it down.
One of the most interesting things here is that Pendle has finally gone cross-chain with PTs and have branched out to Avalanche:
This opportunity exists through Term’s Avalanche instance and allows holders of PT-USDe Nov 27 to borrow at a “fixed term” against their PT collateral.
This gives the borrower the benefit of not having interest rate spikes and other uncertainties.
I’m interested to see how this one closes and curious what the clearing rate will be that borrowers have to pay.
If you’re reading this right when this piece comes out, the auction should still be open (closes September 18th - find it here)
Hey look! Nomatic is writing about ETH Strategy again, but there’s no yield here right?
Wrong.
They just introduced a new product. Another part of the strategy, if you will.
I wrote about this product prior to launch, but I think its getting closer to being more accessible and ready for prime time.
I’m referring to ESPN. Their docs go into all the details here.
Why do I think its ready?
They hit 50% yield on this vault on it’s first test run and they’re now starting to scale and increase the caps:
once people get a week of ESPN they get hooked and want floor seats on season pass
proudly scaling ESPN behind the scenes, many options savvy funds are starting to catch on
already paying out REAL yields of >50%pa
if you want to learn more checkout @eth_strategy
— Clouted (@CloutedMind)
1:29 PM • Sep 16, 2025
The underlying ESPN asset isn’t stable or pegged to a dollar. As far as I know, it’s free floating, but in all their modeling so far they think the price should drift upwards over time.
Meaning, you get really high yield on the underlying asset (ESPN) that ideally goes up over time (I’ve heard baseline yield should settle in around 20% - 30% eventually).
I personally have not got involved yet, but I already hold STRAT and ESPN looks like a nice yield component once its further productized for the masses.
Oh and SummerFi might be the ones making it more user friendly, they might onboard it to Lazy Summer as you can see with this governance post here.
Yield Trading
I’ve been thinking about a product like “Pulse” for a long time, but Giza just built it. This looks very interesting.
They are starting with ETH Pendle PTs and are targeting 13% yield.
A few exerts from the thread:
Pulse is your personal Pendle agent that autonomously constructs and manages optimal PT portfolios.
No more expiry anxiety.
No more manual tracking.
No more suboptimal allocations.
Just intelligent fixed yield that works 24/7.
Real-Time Rebalancing Pulse continuously monitors APY shifts and reallocates capital to higher-yielding opportunities. You can touch grass in peace knowing you're always earning optimal fixed yield.
Full thread here:
✦ 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐏𝐮𝐥𝐬𝐞 ✦
Built in partnership with Pendle, Pulse is the first agent that autonomously optimizes your PT portfolio.
We're starting with ~13% APR on ETH-PT markets. More assets coming soon.
This is what intelligent fixed yield looks like ↓
— Giza (@gizatechxyz)
2:03 PM • Sep 10, 2025
Here’s what the top yield markets on Pendle look like across Stables, BTC, ETH and HYPE:
Stables
24.06% - 33.27%
BTC
2.43% - 5.2%
ETH
7.01% - 9.59%
HYPE
13.12% - 25.27%
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.
A few weeks ago we wrote about Odyssey Finance and their own mechanism for maintaining high looping APY. I won’t rehash it all now, but we went pretty in depth on it and if if you want to read it you can right here.
The yields are still very high and this Morpho Swell rswETH is one of the higher looping yields I can find on ETH at 55.41% APY:
That’s all for now, thanks for checking it out!
Reply