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Documentation Index

Fetch the complete documentation index at: https://docs.webacy.com/llms.txt

Use this file to discover all available pages before exploring further.

The Yield page reranks DeFi stablecoin pools by risk-adjusted APY — raw yield discounted by the issuer’s safety grade. A high-yield pool backed by a shaky stablecoin may rank lower than a modest-yield pool backed by USDC.

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Formula

Risk-Adjusted APY = Effective APY × (Safety Score / 100) Effective APY is normally the raw APY, but when a pool is flagged as an APY spike (see below), the 30-day mean APY is used instead. Examples:
  • 4% APY from an A+ issuer (safety score 96) → 3.84% risk-adjusted
  • 15% APY from a C+ issuer (safety score 35) → 5.25% risk-adjusted
  • 25% APY from an F issuer (safety score 2) → 0.5% risk-adjusted

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⚠ APY Spike Detection

When a pool’s current APY is 3× or more above its 30-day mean APY, it is flagged as a stress spike. These spikes almost always indicate a crisis event — exploit, oracle failure, or liquidation cascade — not a genuine yield opportunity.
Real example — Resolv/Morpho USDC (March 2026):\After the Resolv USR minting exploit, the RESOLVUSDC Morpho vault on Ethereum showed 38% APY while its 30-day mean was ~8% (spike ratio 4.77×). The elevated rate reflected liquidation stress and oracle risk — not a safe high-yield deposit opportunity. Gauntlet (vault risk curator) emergency-deallocated from all Resolv markets. Risk-Adj APY for this pool correctly used the 8% mean: 7.57% rather than the misleading 36.14%.
Spiked rows are marked with a ⚠ icon on the Raw APY and an asterisk (*) on the Risk-Adj APY. Hover either for the spike ratio.

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Pool Matching

Pools are fetched from the DeFiLlama yields API (stablecoin=true, TVL ≥ $1M, APY ≥ 0.1%, APY < 200%). Each pool is then matched to a safety grade entry in two steps:
  1. Address match — DeFiLlama’s underlyingTokens addresses matched against our chain+address grade index.
  2. Symbol fallback — if no address match, the pool symbol is split on ”-” and each part matched against the grade symbol index (e.g., “USDC-USDT” tries “USDC” then “USDT”).
Pools with no match are included at the bottom of the table with no grade or risk-adjusted APY displayed.

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Filters Applied

FilterValueReason
stablecointrueOnly stablecoin-denominated pools
outlierfalseExclude DeFiLlama statistical outliers
min TVL$1MFilter out thin, illiquid pools
min APY0.1%Exclude near-zero noise
max APY200%Exclude unsustainable outlier yields

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Column Definitions

ColumnDescription
SymbolPool token pair(s) as reported by DeFiLlama.
ProjectProtocol name (Aave, Morpho, Curve, etc.).
ChainNetwork the pool is deployed on.
GradeSafety grade of the matched stablecoin (A+ to F). See Safety Grade docs.
Safety ScoreNumeric 0–100 safety score underlying the grade.
Raw APYNominal APY as reported by DeFiLlama.
Risk-Adj APYRaw APY × (Safety Score / 100). Primary sort column.
TVLTotal Value Locked in the pool (USD).

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Update Cadence

  • Pool data — fetched fresh from DeFiLlama each run.
  • Safety grades — recalculated daily at 04:15 UTC; yield scores depend on them.
  • Yield scores output — recalculated daily at 04:30 UTC.