Decentralized finance (DeFi) protocol Umoja has released a product that allows Coinbase wrapped BTC (cbBTC) token holders to earn a 6% yield on layer-2 network Base.
Umoja achieves its yield by tapp… [+1124 chars]

Umoja achieves the yield through covered calls and arbitrage.

CoinDesk

Wrapped BTC Holders Can Now Secure 6% APY on Base via Umoja

The first quarter of 2025 tells a clear story about DeFi's evolution. While yields across major lending platforms have compressed significantly, innovation at the market's edges demonstrates DeFi's c… [+7801 chars]

While yields across major lending platforms have compressed significantly, innovation at the market's edges demonstrates DeFi's continued maturation and growth, says Ryan Rodenbaugh, CEO of Wallfacer Labs, the team behind vaults.fyi.

Innovation Amid Yield Compression: DeFi Lending Markets in Q1 2025

Coinbase Wrapped BTC

Aerodrome SlipStream

Uniswap V3 (Ethereum)

PancakeSwap V3 (Base)

Uniswap V3 (Base)

Orca

Meteora

Raydium (CLMM)

Aerodrome (Base)

Alien Base V3

PancakeSwap V3 (Ethereum)

PancakeSwap V3 (Arbitrum)

Uniswap V4 (Base)

BaseSwap V3

Uniswap V4 (Arbitrum)

9mm V3 (Base)

SwapBased V3

Equalizer (Base)

Pinto Exchange

Curve (Ethereum)

Uniswap V4 (Ethereum)

DackieSwap V3

PumpSwap

Treble V4

Balancer V2 (Base)

Uniswap V3 (Arbitrum One)

Maverick Protocol V2 (Ethereum)

Henjin (Base)

Uniswap V2 (Base)

Maverick Protocol V2 (Base)

Market Cap

Trading Vol

Diluted Valuation

Circulating Supply

Total Supply

Max Supply