The top 3 strategies on Odyssey are all currently earning 30%+ estimated APY!
🥇 1st - USD3 by @3janexyz
Estimated max APY: 45%
🥈 2nd - siUSD by @infiniFi
Estimated max APY: 40%
🥉 3rd - vaETH by @VesperFi
Estimated max APY: 31%
Check out all of our strategies below 👇
We’ve partnered with @OdysseyFi to create an enterprise dashboard showcasing their ecosystem of apps, including @MetronomeDAO and @VesperFi.
This dashboard shows Odyssey’s suite of products, which combined have generated $19M in revenue and attracted over $100M in TVL.
Vesper’s latest APY table still has vaFRAX as the clear 30d leader, with 13.79% APY over the past 30 days and 7.26% over 90 days. This is mostly due to recent rebalances.
Base vaUSDC followed with 2.28% over 30 days and the strongest 90d figure among USDC vaults at 2.71%.
On Ethereum mainnet, vaUSDC climbed one spot, reaching 1.29% over 30 days, while Base vamsETH led the msAsset vaults at 0.98%.
Vesper’s latest share-price based APY table has vaFRAX extending its lead, with 14.38% over 30d and 7.49% over 90d, helped by another large rebalance this week.
Base vaUSDC remained the strongest USDC vault, with 2.22% over 30d and 2.60% over 90d.
On mainnet, vamsUSD and vaUSDC also held up well, while Base vamsETH rounded out the next group, with 30d APYs of 1.19%, 1.10% and 1.06%.
Vesper’s latest share-price based APY table has vaFRAX as the clear 30d leader at 9.28% APY, helped by a large rebalance this week.
Base vaUSDC followed at 2.28%, while Ethereum vaETH reached 1.57%.
Two msAsset vaults: Base vamsETH and Ethereum vamsUSD, were among the strongest performers at 1.27% and 1.18%.
On the KelpDAO LayerZero Exploit
Metronome is confirmed not impacted by the ongoing exploit of rsETH. No collateral or treasury operations are held in Kelp DAO rsETH or Aave WETH deposit. So far, the attacker has only exploited the rsETH token.
However, it is not yet determined if this attack is due to a vulnerability in Kelp DAO or LayerZero. Out of an abundance of caution, we have enacted emergency protocol to temporarily pause minting and bridging of msAssets.
As of now, users are not able to:
- Mint msAssets through Metronome Synth (via borrowing or swapping)
- Bridge msAssets across LayerZero
Users are still able to:
- Provide DEX LP as normal
- Access 3rd party msAsset markets (ie Morpho)
To underscore, Metronome is totally unaffected and operations will continue as normal as soon as the attack vector of the ongoing exploit has been confirmed.
Official comms to come soon.
This week the top spot among Odyssey strategies goes to weETH / WETH. This pairs @EtherFi's liquid restaked ETH with wrapped ETH, capturing restaking yield with exposure to ETH price.
Next is sUSDe / USDT0, which combines Ethena’s yield-bearing synthetic dollar with omnichain USDT liquidity.
The rest of the top five includes two @pendle_fi principal token strategies: PT sUSDe / USDe and PT USDaI / USDT0. vaFRAX / msUSD rounds out the list via @VesperFi’s FRAX yield vault.
Odyssey will be at ETHDenver this year.
Catch @jeffthedunker speaking on “From Automation to Distribution: The New Blueprint for Onchain Yield” on Feb 20 at 11:55 AM.
See you there!
https://t.co/L88z6ROQK6