Live data snapshot as of Aug 26, 2026, 5:37 AM UTC. Sources: DefiLlama and verified provider feeds. See methodology and data sources.
Dashboard APY ignores what you pay to deposit and withdraw. On Ethereum mainnet, gas can erase weeks of yield on smaller balances. On L2s like Base, the same gross APY often nets out better because round-trip fees are cents, not dollars. Run your deposit size, chain, and hold time through the calculator below before you chase a headline rate.
Dashboard APY assumes your capital stays deployed and ignores what it costs to get in and out. On Ethereum mainnet, one deposit and one withdrawal can wipe out weeks of yield on a small balance. On Base, Arbitrum, or Optimism, the same gross APY often leaves more in your wallet after fees because round-trip gas is a few cents instead of dollars.
Headline APY rarely includes any of these:
Most comparisons stop at gross APY. Net yield is what you actually keep after the round trip.
Gross yield for a period:
Gross yield = Deposit × (APY ÷ 100) × (Days ÷ 365)
Net profit after fees:
Net profit = Gross yield − Deposit gas − Withdrawal gas
Effective net APY over that holding period:
Net APY = (Net profit ÷ Deposit) × (365 ÷ Days) × 100
Break-even days tell you how long gross yield must run before fees are recovered. The calculator on this page does the math from your deposit size, chain preset, and hold time.
L2 rollups batch transactions and usually charge far less gas than Ethereum L1 for a standard deposit path. That shifts the minimum deposit where DeFi starts to make sense.
Example at 8% gross APY: $1,000 on mainnet with $16 round-trip gas needs roughly 73 days to break even on fees alone. The same deposit on Base with $0.06 round-trip gas can break even in a day or two. Gross APY can match across chains while net APY does not.
Compare chain-specific rows on Yield.ly, then filter by asset and observed risk on the dashboard.
Gas is mostly a fixed dollar cost. Short holds pay the same fees as long holds while earning less gross yield. A $1,000 deposit at 8% gross earns about $2.19 in ten days, which may not cover mainnet round-trip fees. Hold 180 days and gross yield scales while fees stay flat, so net APY moves toward gross APY.
If you hop pools every week on mainnet, fees can eat the spread even when each destination shows an attractive headline rate.
Thrive.fi calculators ↗ can help size trades and frame costs alongside this guide.
Fees hit small balances hardest. $100 at 8% gross on mainnet may never reach positive net profit on a 90-day hold if gas runs $16 round trip. $10,000 on the same market clears fees faster because gross yield scales with deposit size while gas stays roughly flat. Always run your actual numbers in the calculator instead of assuming a headline APY is enough.
Enter your deposit, gross APY, holding period, and chain. Adjust gas presets to match your wallet history. The table updates net profit, effective net APY, and break-even days from those inputs.
Estimate dollars kept after deposit and withdrawal costs. Gas presets are editable reference values, not live network quotes.
Typical ERC-20 approve plus deposit on mainnet during moderate congestion.
| Gross yield for period | $19.73 |
|---|---|
| Total transaction costs | $16.00 |
| Projected net profit | $3.73 |
| Effective net APY | 1.51% |
| Break-even holding period | 73 days |
Fixed assumptions: 8% gross APY, illustrative mainnet round-trip gas of $16, Base round-trip gas of $0.06. Edit the calculator for your chain and transaction pattern.
| Deposit | Gross APY | Chain context | Round-trip fees | Break-even days | Net profit at 90 days |
|---|---|---|---|---|---|
| $100.00 | 8% | Ethereum | $16.00 | 730 | -$14.03 |
| $1,000.00 | 8% | Ethereum | $16.00 | 73 | $3.73 |
| $10,000.00 | 8% | Ethereum | $16.00 | 8 | $181.26 |
| $1,000.00 | 8% | Base | $0.06 | 1 | $19.67 |
Gross APY below comes from the qualified dashboard snapshot. Apply chain-specific fees in the calculator to estimate net return. For L2-first stablecoin lending, see USDC yields on Base.
| Opportunity | Chain | Total APY | Base APY | 30-day avg | TVL |
|---|---|---|---|---|---|
| ETH (Uniswap V4) Uniswap V4 | Ethereum | 183.87% | 183.87% | 106.88% | $411.4K |
| WSOL (Raydium Amm) Raydium Amm | Solana | 124.25% | 123.94% | 109.69% | $13.3M |
| USDC (Uniswap V4) Uniswap V4 | Ethereum | 121.53% | 121.53% | 146.04% | $426.9K |
| WETH (Uniswap V2) Uniswap V2 | Base | 99.53% | 99.53% | 112.44% | $882.9K |
| CBBTC (Aerodrome V1) Aerodrome V1 | Base | 74.71% | Unavailable | 78.45% | $506.9K |
| INST (Uniswap V3) Uniswap V3 | Ethereum | 70.35% | 70.35% | 29.37% | $497K |
| DACMLITSTRATEGY (Lagoon) Lagoon | Arbitrum One | 69.73% |
Gas presets are editable reference values for education, not live gas oracle quotes. Actual costs vary with congestion, calldata, approval state, and protocol path. Thrive.fi calculators ↗ offer complementary sizing tools for active traders.
Yield.ly is built by Thrive.fi ↗, which publishes DeFi market research ↗ and maintains a crypto glossary ↗ for traders and researchers.
Subtract deposit and withdrawal costs from gross yield over your holding period, then annualize. Use the calculator on this page with your deposit size and chain.
It depends on gross APY, chain, and hold time. On Ethereum, small deposits often need months to break even on gas. L2s lower that bar.
Often yes on L2s at moderate APY and 90-day or longer holds. On mainnet, check break-even days before you move.
Gross APY may look similar, but L2 round-trip fees are usually far lower, which improves net APY on the same deposit and hold period.
There is no universal minimum. Calculate break-even days: round-trip fees divided by daily gross yield at your APY.
Break-even days = Total fees ÷ (Deposit × APY ÷ 100 ÷ 365). The calculator outputs this from your inputs.
No. Dashboard APY is gross yield from the protocol. Net return requires subtracting your transaction costs.
| 69.73% |
| 64.65% |
| $441.9K |
| RAIN (Uniswap V3) Uniswap V3 | Arbitrum One | 67.64% | 67.64% | 15.83% | $1.1M |
