AVAX DeFi Yields
The highest honest AVAX yield right now is 5.60% on gmx-v2-perps (Avalanche), among 8 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
8 live pools above the $100K TVL floor · ranked by TVL
AVAX's largest live pool is benqi-lending on Avalanche at 0.75% ($4.87M TVL). 8 AVAX pools across 2 chains clear this page's $100K TVL floor, $10.18M in total.
Your idle AVAX could earn ~2.45% — park $9.8K and it could run a $20/mo Claude Pro subscription, forever.
See live AVAX pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| benqi-lending → | Avalanche | 0.75% | $4.87M |
| gmx-v2-perps → | Avalanche | 21.17% | $3.3M |
| folks-finance-xchain → | Avalanche | 0.14% | $1.17M |
| gmx-v2-perps → | Avalanche | 4.14% | $233.7K |
| gmx-v2-perps → | Arbitrum | 9.67% | $222.3K |
| gmx-v2-perps → | Avalanche | 0.18% | $143.3K |
| gmx-v2-perps → | Avalanche | 0.18% | $143.3K |
| gmx-v2-perps → | Avalanche | 5.60% | $102.4K |
Rate stability from APY history
Based on APY history only, AVAX's lower-variability candidates are benqi-lending (Avalanche), 0.75% APY, $4.87M TVL, https://www.defi.garden/?pool=38583317-5354-4767-8f1e-6a0ae3aa7b5d&src=seo_token; folks-finance-xchain (Avalanche), 0.14% APY, $1.17M TVL, https://www.defi.garden/?pool=3d949993-4ce7-4e09-a487-963c76832326&src=seo_token; gmx-v2-perps (Avalanche), 0.18% APY, $143.3K TVL, https://www.defi.garden/?pool=7c719f11-74b4-4653-9d34-279501dd9635&src=seo_token; gmx-v2-perps (Avalanche), 0.18% APY, $143.3K TVL, https://www.defi.garden/?pool=7c719f11-74b4-4653-9d34-279501dd9635&src=seo_token; gmx-v2-perps (Avalanche), 4.14% APY, $233.7K TVL, https://www.defi.garden/?pool=1454aff4-d878-41d2-8e87-3ae2df778c82&src=seo_token; gmx-v2-perps (Avalanche), 21.17% APY, $3.3M TVL, https://www.defi.garden/?pool=8af72911-4f7b-4476-8191-86dff5401c1c&src=seo_token; gmx-v2-perps (Arbitrum), 9.67% APY, $222.3K TVL, https://www.defi.garden/?pool=12c85226-c003-45ef-b1f4-af6463ab094f&src=seo_token; gmx-v2-perps (Avalanche), 5.60% APY, $102.4K TVL, https://www.defi.garden/?pool=c62c46d2-d7cc-4d5c-87b3-d39e12efde38&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | benqi-lending → | Avalanche | 0.75% | $4.87M |
| 2 | folks-finance-xchain → | Avalanche | 0.14% | $1.17M |
| 3 | gmx-v2-perps → | Avalanche | 0.18% | $143.3K |
| 4 | gmx-v2-perps → | Avalanche | 0.18% | $143.3K |
| 5 | gmx-v2-perps → | Avalanche | 4.14% | $233.7K |
| 6 | gmx-v2-perps → | Avalanche | 21.17% | $3.3M |
| 7 | gmx-v2-perps → | Arbitrum | 9.67% | $222.3K |
| 8 | gmx-v2-perps → | Avalanche | 5.60% | $102.4K |
How this rate has behaved
AVAX shows up in 8 pools here, with rates from 0.14% to 21.17% APY across 2 chains — the rate depends on which protocol and chain you pick, not just the token.
8 of these 8 pools have a trustworthy 30-day average on file, with a median of 3.38% — a useful check against today's number for whether the rate is steady or just having a good day.
All 8 pools pay a plain base rate right now — no incentive or reward APY mixed in.
4 of 8 pools carry impermanent-loss risk, meaning a two-sided position can lose value against just holding, even while it earns yield.
| Protocol | APY | 30d Mean APY | Yield mix |
|---|---|---|---|
| benqi-lending | 0.75% | 0.75% | Base rate |
| gmx-v2-perps | 21.17% | 8.42% | Base rate |
| folks-finance-xchain | 0.14% | 0.25% | Base rate |
| gmx-v2-perps | 4.14% | 6.01% | Base rate |
| gmx-v2-perps | 9.67% | 23.59% | Base rate |
| gmx-v2-perps | 0.18% | 0.17% | Base rate |
| gmx-v2-perps | 0.18% | 0.17% | Base rate |
| gmx-v2-perps | 5.60% | 7.42% | Base rate |
The 30-day average comes straight from DefiLlama and only appears when it passes the same sanity rail as every other number on this page — a dash means it didn't clear that bar, not that it's being hidden. Every pool here already clears a $100K minimum TVL. Rates move daily, so treat this as a snapshot, not a promise.
Frequently asked questions
What's the highest AVAX yield today?
5.60% APY on gmx-v2-perps (Avalanche), based on live DefiLlama data.
How many AVAX pools clear the TVL floor?
8 live pools clear this page's $100K TVL floor, $10.18M in total.
Are these rates safe?
Pools listed on this page clear a $100K minimum TVL and exclude anomalous (>1000% APY) rates — that is this page's listing bar, not a safety guarantee. This is education, not financial advice; DeFi carries smart-contract and market risk regardless of the rate shown.
Which AVAX pools have the most stable APY history?
Based on APY history only, AVAX's lower-variability candidates are benqi-lending (Avalanche), 0.75% APY, $4.87M TVL, https://www.defi.garden/?pool=38583317-5354-4767-8f1e-6a0ae3aa7b5d&src=seo_token; folks-finance-xchain (Avalanche), 0.14% APY, $1.17M TVL, https://www.defi.garden/?pool=3d949993-4ce7-4e09-a487-963c76832326&src=seo_token; gmx-v2-perps (Avalanche), 0.18% APY, $143.3K TVL, https://www.defi.garden/?pool=7c719f11-74b4-4653-9d34-279501dd9635&src=seo_token; gmx-v2-perps (Avalanche), 0.18% APY, $143.3K TVL, https://www.defi.garden/?pool=7c719f11-74b4-4653-9d34-279501dd9635&src=seo_token; gmx-v2-perps (Avalanche), 4.14% APY, $233.7K TVL, https://www.defi.garden/?pool=1454aff4-d878-41d2-8e87-3ae2df778c82&src=seo_token; gmx-v2-perps (Avalanche), 21.17% APY, $3.3M TVL, https://www.defi.garden/?pool=8af72911-4f7b-4476-8191-86dff5401c1c&src=seo_token; gmx-v2-perps (Arbitrum), 9.67% APY, $222.3K TVL, https://www.defi.garden/?pool=12c85226-c003-45ef-b1f4-af6463ab094f&src=seo_token; gmx-v2-perps (Avalanche), 5.60% APY, $102.4K TVL, https://www.defi.garden/?pool=c62c46d2-d7cc-4d5c-87b3-d39e12efde38&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
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Yields are live from DefiLlama. Pools on this page clear a $100K minimum TVL and exclude anomalous rates — that's this page's listing bar, not a safety guarantee. Education only, not financial advice.
Last updated September 2, 2026
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