Yield Protocols

Kinesis is a physical gold and silver monetary system offering allocated, insured, and audited precious metals with yield. Now expanded to include the C1USD yield-bearing stablecoin suite.

Morpho is a permissionless lending protocol offering curated vaults managed by experts to maximize risk-adjusted yields. $7.4B TVL with $140.6M annualized fees.

Babylon enables native Bitcoin staking without wrapping or bridging. BTC never leaves the Bitcoin blockchain. The leading BTC staking protocol with $5B+ TVL.

Kamino is the largest DeFi protocol on Solana by TVL at $2.8B. Features automated lending vaults, concentrated liquidity management, and institutional-grade CASH delta-neutral strategy.

Lombard issues LBTC, the fastest-growing yield-bearing token in crypto. Backed 1:1 by BTC staked via Babylon. The dominant Bitcoin LST with 40%+ market share.

Euler is a modular, permissionless lending protocol enabling custom vault creation. TVL surged 399% in Q1 2025. Expanding rapidly with RWA lending on Avalanche.

Ondo Finance tokenizes U.S. Treasuries and money market funds, making institutional-grade yield accessible on-chain for global investors.

Maple Finance is the largest on-chain private credit protocol with 67% market share. Provides institutional borrowers access to crypto capital while offering lenders above-market yields.