Farms of the Week 11/2
Yield opportunities for the Humble Farmers...
GM Humble Farmers!
It's a new week, and that means we have a new list of farms to take advantage of...
Here are Our Farms of the Week.
1. MUX Protocol
Our first farm of the week is Mux Protocol, a perpetual exchange and aggregator.
We're sure you're all familiar with MUX, and MUXLP has proven to be one of the most stable sources of yield over the past couple of months.
When purchasing MUXLP, you're buying into a yield-bearing index of blue-chip tokens such as...
• 50% Stables
• 28% ETH
• 14% BTC
• 8% Alts
Plus you're currently earning a 36% APR paid in ETH and MUX tokens.
2. HMX
First up for this week is HMX, a perpetual exchange on Arbitrum for crypto, forex, equities, and more.
While there are already dozens of perp exchanges, HMX has managed to bring a significant amount of TVL and volume to their protocol.
This isn't completely organic volume though, as HMX is currently subsidizing traders with esHMX tokens.
What has our attention though is HLP, a GLP-style liquidity pool currently yielding around 45% APY, which is mostly made up of real yield from fees.
Let's start this week off with KyberSwap, a cross-chain DEX and aggregator currently on 14 chains.
There are plenty of extremely lucrative farms to be found on Kyber, and the best part is that you can farm on almost any chain!
Some of our favorites include...
• LINK/USDC @ 227% APR
• OP/USDC @ 189% APR
• ARB/USDC @ 246% APR
• wstETH/USDC @ 83% APR
These are some of the best yields on blue-chip assets out there, and now is the best time to take advantage.
4. Timeswap
Our next farm is Timeswap, the Uniswap of lending and borrowing.
Timeswap leverages time-based isolated liquidity pools to allow for a zero-liquidation, oracle-free, and completely decentralized money market.
We talked about Timeswap last week, and their pre-mining program is as lucrative as ever...
We're currently looking at...
• 48% APR on wMNT/USDC
• 37% APR on ARB/USDC
• 52% APR on ETH/USDT
5. Camelot
Our final farm of the week is Camelot, a community-led and capital-efficient DEX in the Arbitrum ecosystem.
Built around Camelot's various partners on Arbitrum, users can trade, provide liquidity, and participate in token sales via the launchpad.
With boosted farms across the board, LPs can take advantage of some of the most lucrative yields currently available...
Here are a few Camelot farms that we're currently watching...
• ARB/USDC @ 152% APR
• ETH/USDC @ 120% APR
• GMX/ETH @ 102% APR
Conclusion
If you enjoyed and want to see more content like this, feel free to check out the Humble Farmer Army premium discord here.
You’ll get access to:
Weekly Premium Content
An Exclusive Community
DeFi Yield Strategies
Degen Farms & New Launches
DeFi Education & Analysis
And Real-Time DeFi Alerts
Humble Farmers Rejoice!