DefiLlama launches Verified APY feature tracking real yields across 260+ pools, $99B TVL, spanning 47 protocols and 12 chains.
DeFi & Yields ·
DeFiLlama has introduced Verified APY, a feature designed to measure real yields earned by depositors across onchain pools spanning 260+ liquidity positions, $99 billion in total value locked, 47 protocols, and 12 blockchain networks. The tool aims to provide clearer insight into actual returns in decentralized finance by tracking performance across this broad set of capital aggregation structures.
Liquidity pools, the core infrastructure underpinning the measurement, function as smart contracts holding token reserves and enabling swaps via algorithmic pricing rather than traditional order books. Liquidity providers deposit assets and earn a portion of trading fees or other incentives, while the pools themselves serve as foundational primitives across decentralized exchanges, lending markets, staking systems, and mining operations. By standardizing yield verification across this fragmented landscape, the feature addresses a longstanding gap in transparent return attribution.
What remains unclear is how Verified APY reconciles yield calculation across heterogeneous pool types—whether the methodology applies uniformly to AMM liquidity, lending protocols, staking arrangements, and other pool variants, or if protocol-specific adjustments are applied. The feature's rollout timeline and any planned expansion beyond the initial 260 pools have not been detailed.