Yield Farming Crypto List: Top 3 DeFi Yield Platforms AllinCrypto May 16, 2025
Yield tokens and projects are at the heart of crypto decentralized finance, with many yield tokens being some of the most sought-after in DeFi.
Farming protocols such as Curve Finance and AAVE allow investors to earn passively while allocating tokens to smart contracts.
Let’s explore some of the best decentralized protocols for yield farming and how to best take advantage of what they have on offer across the Ethereum network and beyond.
Yearn Finance (YFI)
Yearn Finance was launched by Andre Cronje in 2020 along with the YFI token, allowing users to utilize decentralized services to earn yields and lend tokens.
The YFI token acts as a governance token with various utilities across the Yearn Finance platform. Yean is home to multiple “vaults” where users can allocate various DeFi tokens to pools that allow them to generate yields.
The platform’s “Gimmie” product is a type of lending aggregator between multiple dApps and protocols whereby users can earn interest on their holdings from a variety of stablecoins such as USDC, USDT, and wrapped ETH.
Aave (AAVE)
Aave is a decentralized lending protocol that allows users to earn passively on allocated assets that have been locked in a lending smart contract.
On Aave, users can supply tokens or borrow them without having to interact with any centralized authorities or custodians.
Utilizing the platform’s lending services, users can earn on allocated stablecoins or DeFi tokens that have active liquidity pools.
The Aave platform is available on dozens of blockchain networks, including Ethereum, Base, Avalanche, and Sonic. As of May 2025, there is $36.18 billion of liquidity currently supplied in Aave.
Curve Finance (CRV)
Curve Finance is a decentralized exchange with optimized lending functions for stablecoins. Users can utilize the platform’s native CRV token to earn more on their yield or use it to provide liquidity.
With a focus on stablecoins, Curve is able to prioritise liquidity pools for specific needs and achieve higher than usual yields for users.
As a result of Curve Finance’s specialised offerings, the platform has managed to offer some fo the lowest stablecoin swap fees with low impermanent loss when it comes to liquidity pools.
Yield Farming Crypto: What to Expect
Yield farming is one of the easiest ways to earn on holdings for investors who do not wish to actively trade their portfolios.
Despite the ease of yield farming, users must always be aware of the risks associated with yield farming, such as impermanent loss, liquidity pool exploits, and bad actors.
Despite the risks associated with yield farming, overall, the majority of leading protocols are safe and have been in use and trusted for many years.
When using yield farming protocols, users are encouraged to leave their tokens staked or within a liquidity pool for an extended amount of time to achieve the best results.
As a result, yield farming is for investors who are comfortable not moving their funds around and keeping them in one place, usually locked within a decentralized smart contract.
Users should also find time to dedicate their tokens to accrue the best APY fees over time, since most platforms may go through various APY phases with exclusive boosts or higher rates during market downtimes.
The post Yield Farming Crypto List: Top 3 DeFi Yield Platforms first appeared on AllinCrypto.
