Yield & Aggregators
Comprehensive AI-powered analysis of yield aggregation and optimization protocols
69 reports
Pendle
8.5/10The breakout yield tokenization protocol enabling fixed-rate DeFi and yield trading via PT/YT splitting.
Ethena Governance (ENA)
7.0/10Governs the USDe synthetic dollar protocol — explosive growth via delta-neutral basis trading yield, but novel risk profile demands caution.
Convex Finance
6.6/10The dominant CRV yield optimizer that controls the largest share of veCRV, powering the Curve Wars.
Gearbox Protocol
6.4/10Composable leveraged yield farming through Credit Accounts — innovative protocol enabling up to 10x leverage on DeFi strategies.
Usual Money
6.3/10Usual Money redistribetes T-bill yield to stablecoin holders via USUAL governance token — genuine innovation in stablecoin economics, but regulatory risk is the elephant in the room.
Beefy Finance
6.2/10The widest multichain yield optimizer with 20+ chains, auto-compounding farming rewards for accessible DeFi yield.
Gamma Strategies
6.2/10Leading automated liquidity management for concentrated liquidity DEXs — strong multi-chain adoption solving a real LP pain point.
Aura Finance
6.0/10The Balancer yield optimizer aggregating veBAL voting power — Convex's model for a smaller ecosystem.
Overnight Finance
6.0/10Yield-bearing stablecoin protocol — USD+ provides passive DeFi yields through conservative delta-neutral strategies, genuinely useful but not without smart contract and strategy risk.
Concentrator (AladdinDAO)
5.8/10Yield concentration for Curve/Convex ecosystem — auto-compounds diverse rewards into single tokens for simplified farming.
Equilibria
5.8/10The Convex to Pendle's Curve — vePENDLE yield boosting and liquid staking, but entirely dependent on Pendle's continued success.
Index Coop
5.8/10The closest thing to a DeFi ETF provider — legitimate index products (DPI, MVI, ETH2x-FLI) with transparent methodology, built on Set Protocol infrastructure.
Set Protocol
5.7/10The infrastructure layer behind DeFi index products — Set Protocol powers Index Coop's DPI and other structured products, the Shopify of on-chain portfolio management.
Arrakis Finance
5.6/10Protocol-focused Uniswap V3 liquidity management with MEV-aware strategies — strong tech for B2B liquidity but limited retail appeal.
Origin Dollar
5.6/10Yield-bearing stablecoin that auto-generates returns in your wallet — elegant concept with significant composability risk from multi-protocol dependencies.
Redacted Cartel
5.6/10DeFi meta-governance protocol with Hidden Hand bribe marketplace and Pirex liquid wrappers — evolved from OHM fork to legitimate governance infrastructure.
Spectra
5.6/10Yield tokenization protocol competing with Pendle — solid concept and clean design, but significantly trailing in adoption and liquidity.
StakeDAO
5.6/10Yield optimization and liquid lockers for Curve/Balancer ecosystems — functional but overshadowed by larger competitors Convex and Aura.
Yearn Finance
5.6/10The OG yield aggregator that defined the category but has lost market share to newer, more innovative competitors.
DeFi Saver
5.4/10Veteran DeFi automation platform with recipe-based strategies and position management. One of DeFi's most trusted management tools.
Dopex
5.4/10Decentralized options protocol on Arbitrum — genuinely innovative options products (SSOVs, Atlantic Options) but struggling with adoption and navigating the difficult DeFi options market.
Sommelier
5.4/10Cosmos-based smart vault protocol using off-chain strategy computation for sophisticated DeFi yield management.
Summer.fi
5.4/10DeFi position manager (ex-Oasis.app) that simplifies complex lending, borrowing, and yield strategies across protocols.
Extra Finance
5.2/10Leveraged yield farming on Optimism — useful niche product for leveraging LP positions but limited to one chain with developing security track record.
Jones DAO
5.2/10Options vaults and leveraged yield strategies on Arbitrum — sophisticated DeFi products for advanced users with limited adoption.
Mellow Protocol
5.0/10Permissionless LRT vault infrastructure — modular restaking middleware for EigenLayer, but success depends on the restaking meta maintaining momentum.
Solv Protocol
5.0/10Bitcoin yield layer — SolvBTC offers BTC holders DeFi yield access with growing adoption, but Bitcoin yield sustainability and smart contract bridge risk are ongoing concerns.
Karak
4.9/10Karak extends restaking beyond ETH to any asset — broader collateral base than EigenLayer, but the restaking market is unproven and risks are compounding.
OlympusDAO
4.8/10Pioneer of protocol-owned liquidity and (3,3) bonding — genuinely innovative but spawned hundreds of ponzi forks and saw OHM collapse 99% from peak.
Paladin Finance
4.8/10Governance vote marketplace and incentive platform — functional infrastructure for the veToken ecosystem, but niche market with limited growth beyond governance-heavy DeFi users.
DeXe Protocol
4.7/10DAO-governed decentralized asset management — interesting concept for on-chain copy-trading and fund management but limited adoption and thin TVL.
Euler Earn
4.7/10Euler's native yield optimizer — curated vaults allocating across Euler V2 markets, combining institutional-grade lending with Yearn-style aggregation. Strong design.
Alpaca Finance
4.6/10BNB Chain's leveraged yield farming pioneer — innovative model that amplifies farming returns but carries inherent liquidation risks in volatile markets.
Factor DAO
4.6/10Arbitrum yield building blocks — modular vault infrastructure for DeFi strategies, compelling concept but competing for attention on a crowded chain.
Idle Finance
4.6/10OG yield optimizer routing deposits to the best lending rates — solid and secure but overshadowed by more innovative yield protocols.
Magpie Ecosystem
4.5/10Yield boost ecosystem with SubDAO model — clever governance token aggregation strategy across multiple DeFi platforms, but complexity and dependency risks across the SubDAO structure.
Lybra Finance
4.3/10LSD-backed yield-bearing stablecoin — innovative eUSD concept with automatic staking yield, but peg instability, competitive pressure, and declining TVL raise sustainability concerns.
Alongside
4.2/10On-chain crypto index token providing diversified market exposure — compelling passive investing thesis but minimal adoption, as crypto users prefer concentrated bets over diversification.
Reaper Farm
4.2/10Multi-strategy yield optimizer from Fantom ecosystem — competent auto-compounder that has declined with the Fantom bear market.
Harvest Finance
4.0/10Yield aggregator that never recovered from a $34M flash loan exploit — functional protocol with a permanently damaged reputation.
Tokemak
4.0/10DeFi's 'liquidity layer' vision — ambitious liquidity direction protocol that hasn't delivered on its promise after years of development.
Vesper Finance
4.0/10Yield aggregation protocol with simple deposit-and-earn vaults — competent but struggling against Yearn, Beefy, and the bear market.
Eigenpie
3.9/10Magpie's EigenLayer LRT SubDAO — simplifies restaking with liquid tokens, but adds another layer of smart contract risk on top of already complex EigenLayer mechanics.
Affine DeFi
3.8/10Cross-chain yield optimizer with automated strategies — ambitious multi-chain vision but minimal TVL and adoption in a crowded yield aggregator market.
Autofarm
3.8/10Cross-chain yield optimizer that was a BSC DeFi pioneer. Still operational but diminished relevance as yield farming declined and competition grew.
Cakepie
3.8/10Magpie's Convex-for-PancakeSwap play — accumulates veCAKE for boosted yields, but PancakeSwap's dominance on BNB Chain is the key dependency.
PieDAO
3.7/10DeFi index DAO creating tokenized portfolio baskets — pioneering concept but overshadowed by Index Coop and struggling with declining adoption and TVL.
TempleDAO
3.6/10OHM-inspired 'rational DeFi' protocol that tried to offer sustainable yields without ponzi dynamics — better designed than most forks but still collapsed with the rebase narrative.
Struct Finance
3.4/10Yield tranching on Avalanche — well-designed structured products splitting DeFi yields into fixed and variable tranches, but the tranching niche has limited adoption.
YEL Finance
3.4/10Multi-chain yield optimizer with auto-compounding vaults — functional but very small, low TVL, and competing against well-established yield aggregators.
Penpie
3.2/10Pendle yield booster that suffered a $27M exploit — was the top Magpie SubDAO before the hack destroyed trust. Illustrates the real security risks of yield aggregation protocols.
Metaverse Index
3.1/10Index Coop's metaverse basket token — well-built infrastructure holding a basket of tokens in a narrative that has gone completely cold. Technically sound, thematically dead.
BarnBridge
3.0/10Innovative risk tranching protocol killed by SEC enforcement — fined $1.7M for unregistered securities and forced to wind down.
Badger DAO
2.8/10BTC yield protocol that lost $120M in a devastating frontend injection attack — Cloudflare API key compromise allowed phishing of user approvals through the official site.
Tulip Protocol
2.6/10Once-relevant Solana yield aggregator that faded as native protocols added auto-compounding and the Solana DeFi landscape evolved. Effectively dead.
Hawksight
2.3/10Small Solana yield optimizer automating concentrated liquidity management — functional but tiny, competing against better-funded alternatives like Kamino.
Tarot
2.3/10Fantom leveraged yield farming protocol — solid Impermax-style lending for LPs, but Fantom DeFi's decline has left Tarot with minimal activity and thin liquidity.
Zunami Protocol
2.3/10Yield aggregator with UZD stablecoin — suffered $2.1M exploit via Curve pool manipulation, trust destroyed, minimal remaining adoption.
ACryptoS
2.2/10OG BSC yield optimizer with auto-compounding vaults — still functioning but overshadowed by Beefy and PancakeSwap's native yield features. A relic of early BSC DeFi.
Francium
2.0/10Solana leveraged yield farming platform — worked during the DeFi summer era but now a ghost protocol with minimal TVL and questionable relevance in the current Solana DeFi landscape.
Pickle Finance
2.0/10Early DeFi yield optimizer exploited for $19.7M in 2020 — merged with Yearn but never recovered, now a relic of DeFi Summer's reckless innovation period.
Wonderland (TIME)
1.8/10Daniele Sesta's OHM fork on Avalanche — destroyed by the revelation that its treasury manager was QuadrigaCX's Michael Patryn. Peak DeFi scandal.
Jade Protocol
1.4/10Dead OHM fork on BSC — promised decentralized reserve currency, delivered hyperinflationary dilution and 99%+ losses. One of hundreds of identical OHM clones.
PolyCUB
1.4/10Polygon yield farming from the LeoFinance community — a yield farm that ran out of yield. Minimal activity, negligible TVL, and a token that's down 99%.
PancakeBunny
1.3/10BSC yield aggregator exploited for $45M via flash loan — BUNNY token crashed 95%+ in hours. A textbook case of flash loan attack on yield aggregator token mechanics.
Belt Finance
1.2/10BSC yield optimizer exploited for $6.2M via flash loan. Never recovered. Protocol abandoned. BELT token worthless.
Hector Finance
1.0/10Dead OHM fork on Fantom — promised unsustainable yields, experienced the inevitable death spiral. Every dollar invested is gone. The OHM fork graveyard claims another victim.
Sunny Aggregator
1.0/10Dead Solana yield aggregator linked to the Saber/Cashio ecosystem — part of the Ian Macalinao pseudonymous developer network controversy. Completely defunct with zero activity.
Rabbit Finance
0.2/10BSC leveraged yield farm that rugpulled users for $10-15M. Team disappeared with funds. Textbook crypto scam. Total loss.