VELO DeFi Yields
The highest honest VELO yield right now is 121.77% on velodrome-v2 (OP Mainnet), among 10 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
10 live pools above the $100K TVL floor · ranked by TVL
VELO's largest live pool is velodrome-v2 on OP Mainnet at 19.67% ($767.9K TVL). 10 VELO pools across 1 chain clear this page's $100K TVL floor, $2.99M in total.
Your idle VELO could earn ~22.46% — park $1.1K and it could run a $20/mo Claude Pro subscription, forever.
See live VELO pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| velodrome-v2 → | OP Mainnet | 19.67% | $767.9K |
| velodrome-v2 → | OP Mainnet | 121.77% | $539.2K |
| moonwell-lending → | OP Mainnet | 0.05% | $536.4K |
| velodrome-v2 → | OP Mainnet | 23.28% | $244.3K |
| velodrome-v3 → | OP Mainnet | 37.99% | $230.8K |
| extra-finance-leverage-farming → | OP Mainnet | 21.64% | $219.6K |
| velodrome-v2 → | OP Mainnet | 26.82% | $119.3K |
| velodrome-v2 → | OP Mainnet | 15.69% | $114.4K |
Rate stability from APY history
Based on APY history only, VELO's lower-variability candidates are moonwell-lending (OP Mainnet), 0.05% APY, $536.4K TVL, https://www.defi.garden/?pool=9d914214-b4d7-4bd9-a1c4-41a6364b5c77&src=seo_token; velodrome-v2 (OP Mainnet), 23.28% APY, $244.3K TVL, https://www.defi.garden/?pool=09921e93-8c35-46fb-94ba-9fe0580a2a88&src=seo_token; velodrome-v2 (OP Mainnet), 15.69% APY, $114.4K TVL, https://www.defi.garden/?pool=366c295f-4366-475b-bea3-287292cb5b7a&src=seo_token; velodrome-v2 (OP Mainnet), 26.82% APY, $119.3K TVL, https://www.defi.garden/?pool=9104e2f4-e7c2-4d7d-b778-8c83dca24f56&src=seo_token; velodrome-v2 (OP Mainnet), 19.67% APY, $767.9K TVL, https://www.defi.garden/?pool=d4831935-4ab6-48cd-81a7-1986fd6cdaf9&src=seo_token; extra-finance-leverage-farming (OP Mainnet), 21.64% APY, $219.6K TVL, https://www.defi.garden/?pool=91ebb282-e9ed-4f28-ab05-2787578b1c3f&src=seo_token; velodrome-v3 (OP Mainnet), 37.99% APY, $230.8K TVL, https://www.defi.garden/?pool=46a80298-8bac-4311-b96b-8d9b6a07a94e&src=seo_token; velodrome-v2 (OP Mainnet), 121.77% APY, $539.2K TVL, https://www.defi.garden/?pool=8ba5248e-fb39-40c6-8fbe-611542c2780e&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | moonwell-lending → | OP Mainnet | 0.05% | $536.4K |
| 2 | velodrome-v2 → | OP Mainnet | 23.28% | $244.3K |
| 3 | velodrome-v2 → | OP Mainnet | 15.69% | $114.4K |
| 4 | velodrome-v2 → | OP Mainnet | 26.82% | $119.3K |
| 5 | velodrome-v2 → | OP Mainnet | 19.67% | $767.9K |
| 6 | extra-finance-leverage-farming → | OP Mainnet | 21.64% | $219.6K |
| 7 | velodrome-v3 → | OP Mainnet | 37.99% | $230.8K |
| 8 | velodrome-v2 → | OP Mainnet | 121.77% | $539.2K |
How this rate has behaved
VELO shows up in 8 pools here, with rates from 0.05% to 121.77% APY across 1 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 27.33% — a useful check against today's number for whether the rate is steady or just having a good day.
6 of 8 pools blend in incentive or reward APY on top of the base rate. Incentive yield decays over time as reward programs run down — the base rate is the more durable number.
7 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 |
|---|---|---|---|
| velodrome-v2 | 19.67% | 24.49% | 100.00% incentives |
| velodrome-v2 | 121.77% | 85.76% | 100.00% incentives |
| moonwell-lending | 0.05% | 0.05% | Base rate |
| velodrome-v2 | 23.28% | 25.43% | 100.00% incentives |
| velodrome-v3 | 37.99% | 88.56% | 100.00% incentives |
| extra-finance-leverage-farming | 21.64% | 29.38% | Base rate |
| velodrome-v2 | 26.82% | 29.24% | 100.00% incentives |
| velodrome-v2 | 15.69% | 22.04% | 100.00% incentives |
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 VELO yield today?
121.77% APY on velodrome-v2 (OP Mainnet), based on live DefiLlama data.
How many VELO pools clear the TVL floor?
10 live pools clear this page's $100K TVL floor, $2.99M 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 VELO pools have the most stable APY history?
Based on APY history only, VELO's lower-variability candidates are moonwell-lending (OP Mainnet), 0.05% APY, $536.4K TVL, https://www.defi.garden/?pool=9d914214-b4d7-4bd9-a1c4-41a6364b5c77&src=seo_token; velodrome-v2 (OP Mainnet), 23.28% APY, $244.3K TVL, https://www.defi.garden/?pool=09921e93-8c35-46fb-94ba-9fe0580a2a88&src=seo_token; velodrome-v2 (OP Mainnet), 15.69% APY, $114.4K TVL, https://www.defi.garden/?pool=366c295f-4366-475b-bea3-287292cb5b7a&src=seo_token; velodrome-v2 (OP Mainnet), 26.82% APY, $119.3K TVL, https://www.defi.garden/?pool=9104e2f4-e7c2-4d7d-b778-8c83dca24f56&src=seo_token; velodrome-v2 (OP Mainnet), 19.67% APY, $767.9K TVL, https://www.defi.garden/?pool=d4831935-4ab6-48cd-81a7-1986fd6cdaf9&src=seo_token; extra-finance-leverage-farming (OP Mainnet), 21.64% APY, $219.6K TVL, https://www.defi.garden/?pool=91ebb282-e9ed-4f28-ab05-2787578b1c3f&src=seo_token; velodrome-v3 (OP Mainnet), 37.99% APY, $230.8K TVL, https://www.defi.garden/?pool=46a80298-8bac-4311-b96b-8d9b6a07a94e&src=seo_token; velodrome-v2 (OP Mainnet), 121.77% APY, $539.2K TVL, https://www.defi.garden/?pool=8ba5248e-fb39-40c6-8fbe-611542c2780e&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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