DEXs Are STILL One Of The Best Ways To Earn YIELD On Your Assets.
Let's take a step back and acknowledge that DEXs are STILL one of the best ways to earn a yield on your precious crypto assets. You might say the recent Curve exploit invalidates this statement, but there's a risk to everything. Higher yields, more risk – simple as that. Staking might be a safer option (if available).
In this post, I'll focus on bringing attention to safe high-yield pools on Ethereum, and its layer 2 networks. This is not financial advice, and you should Do Your Own Research. Of course.
Note: I only include relatively known and safe assets.
- Ethereum: WETH – USDT at ~6% (Uniswap V3)
- Arbitrum: ETH – USDC at ~17% (Trader Joe)
- Polygon: USDC – stMATIC at ~42% (QuickSwap V3)
- Optimism: OP – USDC at ~18% (Velodrome)
Again, there are pools with higher APRs, but I would personally stay away as they include riskier assets. DefiLlama is a great choice for finding high-yield pools.
submitted by /u/AverageRedditLad
[link] [comments]