Update: @protocol_fx added another 2,500 $wstETH to the Aave Prime Instance! @aave has now ~$800M $wstETH deposited in the Prime Instance. And guess what? The native yield is still at 0.44%. No change since last time. The f(x) Protocol’s annual yield is now around $2M, or roughly $5,590 worth of $wstETH per day. That’s what DeFi at scale is all about. Predictable yield on large deposits. Only on Aave.
TokenLogic
TokenLogic10.7. klo 21.14
.@aave has $750M of wstETH Earning 0.44% on the Prime instance 🤝 @LidoFinance. Builders need deep lasting liquidity with consistent predictable yield. Our friends at @protocol_fx just deposited another 3,000 $wstETH into the Aave Prime Instance, pushing their total to over 15,500 wstETH (~$50M). This capital is currently generating: → 2.7% from the embedded wstETH staking yield → 0.44% from the Aave supply APY That additional 0.44% from Aave represents a +16% increase over the native wstETH yield alone. 💰 All in, that’s a blended yield of ~3.14%, earning them roughly ~$1.57M annually, or ~$4,300 every single day at the current price. And all of that is possible on the most battle-tested protocol in DeFi. If you’re curious why the Aave $wstETH supply rate sits around 0.44% on the Prime Instance, we broke it all down here:
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