Author: Fungi Alpha, crypto KOL; Source: Author’s Twitter @FungiAlpha; Compiler: Leo, BlockBeats

DeFi projects are still worthy of attention because of their high returns. Crypto KOL Fungi Alpha selected DeFi projects that can earn high returns based on chain standards. The compilation is as follows:

The encryption narrative dominates the development and innovation of DeFi, but this does not affect the high-yield projects of DeFi. The following are the DeFi projects I selected that are worthy of attention:

Ponzi hype is very interesting, but it is also high risk, so we have to focus on safety, hype and narrative. Let’s start with the BNB chain. Whether you have noticed it or not, it has a huge user base and its opBNB has broad prospects!

#BNBchain

KTX.Finance

KTX.Finance is a decentralized derivatives and social trading protocol on the BNB chain, which can open up to 50 times leverage. The platform is running according to plan, and the team recently announced a deployment on Mantle, a safe option is to provide liquidity in the KLP pool (GLP-like model). The project offers 143% APR, 27% of which is paid in BNB.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-a4bb4bb470-dd1a6f-6d2ef1)

Decision chain

HMX

Arbitrum is quite popular for real income and perps dex projects, so there are many opportunities to earn high returns on Arbitrum, which is relatively safe (but the risks associated with DeFi are always present). HMX is a decentralized perpetual protocol on Arb that provides cross-chain margin and multi-asset mortgage support.

HMX’s TVL data is very good. Logically, this is reflected in the HLP (HMX’s liquidity token) yield rate, 68% of the total APR, of which about 31% APR belongs to USDC.e, which is also the reason why HMX has been widely adopted. reason.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-b91aa68a09-dd1a6f-6d2ef1)

Hyperliquid’s HLP vault is also very good, with a TVL of $5 million, vault profits of over $600,000, and a current APR of 162%. Deposit USDC and let the vault accumulate fees from traders’ PnL (Profit and Loss).

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-e72441da1f-dd1a6f-6d2ef1)

Good Entry

Good Entry is a perp Dex on Arbitrum. There is not much attention at present. Users can avoid the impact of liquidation when they open leveraged transactions. Another highlight is ezVaults. Most of the rewards of this project are native tokens, so participate as soon as possible.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-53156495ff-dd1a6f-6d2ef1)

Stella

Stella is a zero-cost lending leverage strategy protocol on Arbitrum, providing a leveraged liquidity mining strategy through zero-cost lending and its unique pay-as-you-go fee model. The annual interest rate shown below shows the annual interest rate data under maximum leverage, but the basic annual interest rate is also worthy of attention. The project currently does not have a token.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-ac1ca7d511-dd1a6f-6d2ef1)

Aura Finance

Aura Finance is a protocol built on the Balancer system. It provides maximum incentives for Balancer liquidity providers and BAL stakeholders through social aggregation of BAL deposits and Aura’s native token. The operation is simple, first users provide liquidity on Balancer, and then use BPT to earn some additional income on Aura, which currently offers an APR of about 38%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-eb15445bf9-dd1a6f-6d2ef1)

Umami DAO

Umami DAO is a non-custodial DeFi revenue protocol whose goal is to create and launch a series of DeFi revenue products to the market, returning fees to UMAMI holders. Users can earn good APR by depositing tokens such as BTC, ETH, USDC, UNI, LINK, etc. into the protocol. The APR of USDC or ETH is higher, about 15.4%-19.9%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-80a8d37182-dd1a6f-6d2ef1)

Buffer Finance

Buffer Finance is a non-custodial option trading platform and a well-established project on Arbitrum. Users can choose four time frames on this platform: 5m/15m/1hr/4hr, and pledge BFR and/or BLP to get the fees generated Earn real income. Buffer’s USDC Vault APR is 25.59%, which is also a good income item on Arbitrum.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-4d8d3e1966-dd1a6f-6d2ef1)

Trader Joe

Everyone is familiar with Trader Joe. The one-stop DeFi platform on Arbitrum covers a wide range of businesses, including spot Dex, decentralized lending, NFT trading platform (Joepeg) and launchpad (Rocket Joe). Its APR data has always been good.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-f9d58eb4e6-dd1a6f-6d2ef1)

Gamma

Gamma is a protocol designed for non-custodial, automated and active management of centralized liquidity. Users can deploy funds into the liquidity pool to earn high returns. The APR data of this protocol is also very high. Because of its better liquidity management mechanism, users can add assets to the pool with confidence.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-361cf300db-dd1a6f-6d2ef1)

MUX Protocol

MUX Protocol is a decentralized leveraged trading protocol that enables trading with zero price impact and up to 100x leverage, giving traders no counterparty risk and providing an optimized on-chain trading experience. Additionally, MUX is a multi-chain native protocol that unifies pooled liquidity across multiple deployed chains to maximize capital efficiency. Currently, the protocol’s transaction volume has reached $14.5 billion, and the ETH APR has reached 21%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-28303e54c5-dd1a6f-6d2ef1)

#OptimismChain

UniDex Exchange

UniDex Exchange is a Nasdaq-like DeFi platform through which traders can place orders for any type of financial instrument, UniDex will send orders to the best available price based on hundreds of sources and matching orders, currently the The platform provides a variety of trading tools such as options, contracts, and cross-chain transactions. UniDex has recently improved its UI and increased the share of revenue available to pledgers. In addition, UniDex is still developing the UniDex chain, and the deposit APR of DAI on this platform is about 20%-40%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-783526138d-dd1a6f-6d2ef1)

The Granary

The Granary is a cross-chain lending protocol. The APR of DAI deposits on Granary reaches 27%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-ed6386730a-dd1a6f-6d2ef1)

Kyber Network

Kyber Network is a multi-chain cryptocurrency trading and liquidity center that connects liquidity from different sources to achieve the best exchange rate transactions. Its product KyberSwap is a DEX aggregator. Kyber Network is also an old DeFi project, and its Elastic Pools are very popular, especially on the Op chain, where the APR is very high.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-2885c1d2e4-dd1a6f-6d2ef1)

Base chain

Aerodrome

When it comes to the hottest DeFi project on the Base chain, of course Aerodrome, a branch of Velodrome, is also a DeFi project worth ambush. As of this writing, according to Defillama data, Aerodrome’s TVL has exceeded $200 million.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-fbbfed6dc6-dd1a6f-6d2ef1)

Polygon chain

Metavault.Trade

Metavault.Trade is a decentralized spot and perpetual trading platform. The APR of MATIC deposits on Metavault’s MVLP is about 27%, and it is very safe.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-6d22c127dc-dd1a6f-6d2ef1)

Pearl

Pearl is a Solidly fork protocol. In addition, Pearl also cooperates with USDR (Tangible’s yield-generating stablecoin) to bring high yields, and some stablecoins in the project have LP APR of 27%-37%.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-c7bd166d61-dd1a6f-6d2ef1)

Retro

Retro is an AMM DEX on Polygon. In addition, Retro also brings higher profits to the protocol through the Soligly fork. The average APR data of the protocol is also very good, such as the USDC/agEUR pool.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-3e15d26ed4-dd1a6f-6d2ef1)

#Ethereum chain

Having said so much about L2, the DeFi high-yield protocol on Ethereum cannot be ignored.

ambient

ambient (formerly CrocSwap) is a DEX that allows a bilateral AMM to combine centralized and ambient product liquidity on any pair of assets, and there is also news that the protocol will be deployed on Berachain. It currently appears that deploying liquidity on ambient may be beneficial in the future (perhaps with airdrops).

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-09c88056bb-dd1a6f-6d2ef1)

Silo Good

Silo Finance is a decentralized lending protocol. Silo Llama was recently launched on Ethereum. Silo Llama is a fork of the Silo protocol that supports users to borrow and borrow through crvUSD mortgage and receive CRV rewards.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-d81a927dfa-dd1a6f-6d2ef1)

Sommelier Finance

Sommelier Finance is a decentralized asset management protocol based on the Cosmos SDK, and its FRAX and ETH vaults offer 12% APY.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-4d905045a8-dd1a6f-6d2ef1)

Jones DAO

Jones DAO is a high-yield, strategy- and liquidity-focused protocol with built-in vaults, allowing one-click access to institutional trading strategies, and unlocking DeFi’s liquidity and capital efficiency through interest-earning token income. The income from its jAURA vaults is very good, and AURA holders can maximize the income from their AURA holdings through vaults.

! [DeFi] (https://img-cdn.gateio.im/resized-social/moments-40baef27dd-cde54c9557-dd1a6f-6d2ef1)

The above does not constitute financial advice, it is just some good projects that can increase user asset income. I hope it can help you, DYOR!