Katana DeFi yields: best APY for lending, staking and LPs
18 liquid pools from 2 protocols on Katana, sorted by liquidity. Live APY, base/reward split, 30-day average and risk flags.
6.86%
Best APY (liquid)
2.68%
Median APY
6.91%
Stablecoin median
$77.0M
Liquidity
2
Protocols
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | |
|---|---|---|---|---|---|---|
| VBWBTC Morpho Blue | 0.36% base 0.00% + reward 0.36% | 0.26% | $20.7M | Single Reward-heavy Down | Deposit ↗ | |
| VBUSDC Yearn Finance | 6.84% base 3.85% + reward 2.99% | 5.28% | $7.4M | — | Stable Single Down | Deposit ↗ |
| VBETH Yearn Finance | 3.70% base 2.77% + reward 0.93% | 2.20% | $7.3M | — | Single Down | Deposit ↗ |
| STEAKUSDC Morpho Blue | 6.72% base 6.72% | 3.37% | $7.2M | — | Stable Single Stable/Up | Deposit ↗ |
| WEETH Morpho Blue | 0.00% base 0.00% | 0.00% | $6.2M | — | Single | Deposit ↗ |
| YOG-ETH Morpho Blue | 2.63% base 2.45% + reward 0.18% | 1.89% | $5.6M | — | LP IL Down | Deposit ↗ |
| YVVBETH Morpho Blue | 0.34% base 0.00% + reward 0.34% | 0.18% | $5.3M | — | Single Reward-heavy Down | Deposit ↗ |
| YMVOG-VBUSDC Morpho Blue | 5.70% base 4.88% + reward 0.82% | 4.16% | $3.4M | — | LP IL Stable/Up | Deposit ↗ |
| VBETH Morpho Blue | 4.00% base 0.00% + reward 4.00% | 1.59% | $1.7M | — | Single Reward-heavy Stable/Up | Deposit ↗ |
| STEAKUSDC Morpho Blue | 7.15% base 6.80% + reward 0.36% | 3.76% | $1.6M | — | Stable Single Down | Deposit ↗ |
| VBWBTC Yearn Finance | 0.96% base 0.00% + reward 0.96% | 0.87% | $1.5M | — | Single Reward-heavy Down | Deposit ↗ |
| BBQUSDC Morpho Blue | 7.24% base 6.48% + reward 0.77% | 6.86% | $1.5M | — | Stable Single Down | Deposit ↗ |
| VBUSDT Yearn Finance | 2.72% base 2.22% + reward 0.50% | 3.01% | $1.5M | — | Stable Single Down | Deposit ↗ |
| YMVDG-USDC Morpho Blue | 7.65% base 6.07% + reward 1.58% | 5.69% | $1.4M | — | LP IL Down | Deposit ↗ |
| YMVOG-VBUSDT Morpho Blue | 4.53% base 3.87% + reward 0.66% | 4.19% | $1.2M | — | LP IL Stable/Up | Deposit ↗ |
| CSVBUSDT Morpho Blue | 6.97% base 6.44% + reward 0.53% | 6.68% | $1.1M | — | Stable Single Down | Deposit ↗ |
| VBWBTC Yearn Finance | 1.70% base 0.00% + reward 1.70% | 1.57% | $1.1M | — | Single Reward-heavy Down | Deposit ↗ |
| WEETH Morpho Blue | 0.53% base 0.00% + reward 0.53% | 0.40% | $1.1M | — | Single Reward-heavy Down | Deposit ↗ |
Protocols on Katana
- Morpho Bluebest 6.86% · 13 pools · $58.1M
- Yearn Financebest 5.28% · 5 pools · $18.8M
Earning on Katana
Rates on a chain reflect its own supply and demand: lending markets pay more where traders borrow more, and liquidity pools pay more where volume is high relative to liquidity. Stablecoin pools on Katana currently pay a median of 6.91% (single asset, $1M+ TVL). To bring funds here, use the canonical bridge or an aggregator from the bridge list, and keep a little native token for gas.
Questions people ask
What is the best yield on Katana right now?
The top APY among Katana pools with at least $1M of liquidity is 6.86%. Median across liquid pools: 2.68%. Stablecoin pools on Katana pay up to 6.86% (median single-asset 6.91%).
Which protocols have the most liquidity on Katana?
Morpho Blue ($58.1M), Yearn Finance ($18.8M).
How do I move funds to Katana?
Use the chain’s canonical bridge or a bridge aggregator; our bridge list shows which ones support Katana. Keep some native gas token for transactions.