GM Humble Farmers!
It's that time of the week again, let's hunt for the most attractive yields to take advantage of within DeFi.
Here are our Farms of the Week.
1. Berachain
Our first farm of the week is Berachain, an EVM-compatible L1 built on the Cosmos SDK.
Berachain's long-awaited testnet is live, and users can finally try out many of the chain's unique features.
There has been speculation of an airdrop for early users, and it can't hurt to try out some of Berachain's features to potentially qualify.
We recommend using all of Berachain's native dApps to mint HONEY, provide liquidity, trade perps, and more...
2. Pendle
Our next farm of the week is Pendle, a yield trading protocol that has consistently been one of our favorite places to farm yields.
We keep talking about Pendle for good reason, as they consistently have some of the most competitive yields in DeFi.
Some of these yields on Pendle are extremely attractive at the moment, and some of our favorites are...
• gDAI @ 67% APR
• crvUSD @ 65% APR
• GLP @ 57% APR
• aUSDC @ 46% APR
Drift is an orderbook-based derivatives exchange on Solana, and enables users to trade, LP, lend, and more...
It seems likely that they'll launch a token at some point, so it could be a good idea to play around with Drift's features.
Users can currently deposit and provide liquidity for a wide array of DLP markets, which has been extremely lucrative lately.
Keep in mind that these vaults' profitability is volatile, but depositors have been printing fees over the past few weeks.
4. Hyperliquid
Our next farm of the week is Hyperliquid, a perpetual order book protocol built on the Hyperliquid L1.
Hyperliquid is another farm that we keep on talking about, but that's for good reason due to the high yields and airdrop program.
HLP has been performing extremely well lately due to the volatile markets and is currently earning depositors 250% APR.
On top of this, you can earn Hyperliquid points which will be redeemable for an airdrop later down the line.
5. Camelot
Our final farm of the week is Camelot, the liquidity hub of Arbitrum which continues to provide some of the best yields in DeFi.
ARB STIP season is still underway, which has been made Arbitrum one of the best chains to farm at the moment.
There are plenty of various farms to choose from, but here are some of our favorites...
• PENDLE/ETH @ 462% APR
• ARB/USDC @ 371% APR
• ETH/USDC @ 262% APR
• LUSD/USDC @ 48% 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.
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Humble Farmers Rejoice!