WBTC

sBTC

8/16/2023 - Beefy BTC Market Making has a 30d APY of 0.61%, a TVL of 405,220, and an Exponential Risk Rating of C. This pool facilitates trades between sBTC and WBTC.

Beefy BTC Market Making on Optimism (WBTC, sBTC)

This pool facilitates trades between sBTC and WBTC. Your yield is generated from swap fees paid by traders when an exchange happens.

WBTC is a DeFi-compatible version of BTC backed by BTC reserves held by a licensed custodian (BitGo).

sBTC is a synthetic derivative of BTC collateralized with SNX token at a 3:1 ratio.

This pool serves as a yield-generating account for you to earn yield on your BTC, subject to market conditions

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool's economic design

Beefy BTC Market Making

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Beefy

Curve

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Optimism

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

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Yield Source

Your yield consists of trading fees from the buying and selling of sBTC and WBTC on the Optimism blockchain

This pool has been receiving protocol incentives to encourage more user deposits

Beefy BTC Market Making

This pool facilitates trades between sBTC and WBTC. Your yield is generated from swap fees paid by traders when an exchange happens.

Get more from your crypto -earn 15% yield or more

Get more from your crypto -
earn 15% yield or more