DeFi - Lending returns

B

BitEthsa

New member

May 29, 2017

1

0

1

60

May 13, 2025

#1

• May 13, 2025

• #1

Just wondering if anyone here has lent their crypto out on any of the DeFi pools. Which pool did you use and what were the returns like ?

 

L

legrant

Active Member

Mar 25, 2021

238

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128

Europe

May 31, 2025

#2

• May 31, 2025

• #2

For stables it usually follows US bond rates, or even below it. Right now you'd be getting 3-5% on blue chip protocols, and maybe double that on smaller ones.

 

W Fish

shorting fiat

Pro Member

Apr 23, 2024

208

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estonia

Jun 1, 2025

#3

• Jun 1, 2025

• #3

legrant said:

For stables it usually follows US bond rates, or even below it. Right now you'd be getting 3-5% on blue chip protocols, and maybe double that on smaller ones.

Click to expand...

Where and what stables can I borrow at that rate? Cand deposit BTC into multisig for collateral.

 

cryptofriendly

Anarcho-capitalist

Member Plus

Apr 17, 2021

420

636

358

DPRK

Jun 1, 2025

#4

• Jun 1, 2025

• #4

W Fish said:

Where and what stables can I borrow at that rate? Cand deposit BTC into multisig for collateral.

Click to expand...

Are you looking for defi only? Then you can check the usual suspects like Aave, which for example offers 5.25% on USDT and 5.2% on USDC, max 75% LTV for collateral.
https://app.aave.com/markets/

But pay attention, the rate is VARIABLE and can (and WILL!!!) change depending on market demands (usually it's going up when FOMO sets in and people borrow stables to invest).

I have done that for a while but it was nerve wrecking, as when the borrow rates rose it needed quick adjustments.

Now I prefer a fixed rate - it's easier to calculate the arbitrage profits and plan longer term.
I have borrowed a huge amount of USDT with BTC as collateral with an FIXED !!! interest rate of 3.4% APY for 90 days, using the USDT to squeeze more profits in many ways.
Unfortunately I can't share the source, otherwise I'd sabotage my cheap borrow rates.

If you need a deep dive into DEFI yields, I recommend this guy's youtube channel. But double and tripple check the platforms yourself, diversify or die (capital wise)!
https://www.youtube.com/c/thecalculatorguy

 

Last edited: Jun 1, 2025

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Reactions: Shumer

TheCryptoAnt

Pro Member

Aug 1, 2022

1,425

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1,733

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Jun 1, 2025

#5

• Jun 1, 2025

• #5

cryptofriendly said:

But pay attention, the rate is VARIABLE and can (and WILL!!!) change depending on market demands (usually it's going up when FOMO sets in and people borrow stables to invest).

Click to expand...

you are giving away too much alpha my brother

 

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Mercury

Pro Member

Feb 17, 2021

564

588

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Solar System

Jun 2, 2025

#6

• Jun 2, 2025

• #6

cryptofriendly said:

But pay attention, the rate is VARIABLE and can (and WILL!!!) change depending on market demands (usually it's going up when FOMO sets in and people borrow stables to invest).

Click to expand...

That's why I've stopped chasing yields on DeFi and prefer now to use the most relevant CeFi platforms offering more reliable and juicy stablecoins yields. Just a different risks approach.

 

kilor

Mentor Group Lifetime

Dec 22, 2021

265

117

128

Jun 2, 2025

#7

• Jun 2, 2025

• #7

Only Binance and Coinbase look to me reliable enough so far to enter into CeFi as a service I would take. I don't know something is going on with Binance and the US government, no one know where it will go.

 

Frankie

Pro Member

Oct 22, 2023

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Austria

Jun 2, 2025

#8

• Jun 2, 2025

• #8

Google "picking pennies in front of a steam roller"

 

TheCryptoAnt

Pro Member

Aug 1, 2022

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Jun 3, 2025

#9

• Jun 3, 2025

• #9

kilor said:

Only Binance and Coinbase look to me reliable enough so far to enter into CeFi as a service I would take. I don't know something is going on with Binance and the US government, no one know where it will go.

Click to expand...

Kraken is solid too

 

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L

legrant

Active Member

Mar 25, 2021

238

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128

Europe

Tuesday at 15:08

#10

• Tuesday at 15:08

• #10

kilor said:

Only Binance and Coinbase look to me reliable enough so far to enter into CeFi as a service I would take. I don't know something is going on with Binance and the US government, no one know where it will go.

Click to expand...

As far as I know the case against Binance was dropped already.

Kraken, Bybit and Bitfinex have some interesting yields too. I can't recommend Kraken as they closed my account for no reason (they let me withdraw my funds, however they didn't explain why, I assume regulations when they entered EEA). Bybit works flawlessly, got hacked not long ago and they were able to make up for all the loses, CEO is quite chill, they have 7% yields on eUSD and some nice yields on their VIP section. On Bitfinex you get money through margin lending, so rates vary, however I've locked 0.03-0.04% daily yield for 30-60 days before which is quite nice.

 

S

Shoresy

Mentor Group Lifetime

Nov 25, 2024

15

6

3

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Lisbon

Tuesday at 19:39

#11

• Tuesday at 19:39

• #11

Here you go: https://defillama.com/yields


In the left sub-menu in yields, you can find more advanced earning strategies too, under different categories like leveraged lending.

 

S

Shoresy

Mentor Group Lifetime

Nov 25, 2024

15

6

3

45

Lisbon

Tuesday at 19:43

#12

• Tuesday at 19:43

• #12

Just be careful with what protocol you use. Even protocols that have been around for years have been and can get hacked. If your potential upside is earning up to 3% or even 5%, and you are not an expert in this, there is an argument to be made that maybe the risk of an exploit or other issue makes it not worth it. For what it's worth, I'm an expert in the field, and have still suffered through many hacks, rugpulls, and other protocol events over many years.