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Ethereum Holders Find Big Yields (20%+) in DeFi Vaults as ETH Consolidates

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ETH Indicators Weak But Yield Farmers Finding Top APY Vaults
  • ETH has crashed a massive 4% in the past 24 hours, losing the $1,600 price tag.
  • Analyst Ted Pillows predicted that ETH could rally above $2,000 in the near future.
  • Ether.fi secured two of the five positions in the list of ETH vaults with the highest APYs.

With Ethereum’s (ETH) price weak near $1,575, long-term holders are actively chasing yield, putting funds into DeFi vaults. The latest analysis has flagged platforms offering high Annual Percentage Yields (APYs), some reaching 20%, on various ETH assets.

Where Are ETH Holders Finding High Yields Now?

Blockchain intelligence platform CryptoRank.io highlighted the “Top 5 High-Yield Ethereum Vaults from the Largest On-Chain Capital Allocators by TVL,” offering a snapshot of the most lucrative opportunities for Ethereum holders to earn passive income. 

The post Ethereum Holders Find Big Yields (20%+) in DeFi Vaults as ETH Consolidates appeared first on Coin Edition.

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