July's Top Yield Farming Opps

Whether markets are green, red, or sideways, smart money is always compounding. Unfortunately, the best returns are rarely plastered across the front page of your favorite dApp.

That’s where this monthly guide comes in!

Today, we break down five of the best crypto yield plays right now, built for those looking to earn yield without chasing memecoins or timing the market. Don’t let your crypto sit idle this DeFi summer; sit back and stack by depositing into these leading onchain opportunities.

Read on for July’s top onchain yield opportunities you can’t afford to ignore. 💸👇

♾️ InfinityPools

Website | Twitter
Best For: Set-and-forget USDC yield
Risk Level: Medium

About:

InfinityPools is a decentralized exchange that can offer unlimited leverage on any asset with no liquidations, counterparty risk, or oracles. It does this by hedging trader positions on Hyperliquid to secure enough liquidity to close a position with zero losses, no matter the price fluctuations in the underlying.

Similar to perpetual exchange funding rates, InfinityPools traders must pay interest to liquidity providers, which increase alongside leverage. Unlike perpetual exchanges, however, as liquidity is secured in advance, InfinityPools traders do not face liquidation risk when price moves against their position; they are only liquidated if interest rate expenses deplete available collateral.

While InfinityPools trading is limited to whitelisted accounts at this time, the Protocol has already rolled out its liquidity vaults to the public. InfinityPools indicated that it will distribute points to vault depositors, which will roll out “very soon” and include retroactive allocations.

Top Yield Opps:

Receive 11% APY on USDC stablecoins when you deposit into InfinityPools’ basis trading yield vault on Base. If you desire to withdraw from this vault in the future, you’ll need to unstake; half of your deposit unlocks every day after unstaking, with ≥99% available in 7 days.

📈 Contango

Website | Twitter
Best For: Looped Yields
Risk: High

About:

Contango is a multichain DeFi looping platform that automates position leverage on any yield-bearing crypto tokens, including liquid (re)staked assets and Pendle PTs. Its multi-use architecture services loopers seeking to juice their yields, traders who want to make directional bets on crypto tokens, and farmers who just want to earn yield with no liquidation risk.

Contango has an ongoing program that rewards loopers with points based on the amount borrowed. Recipients unlock reduced platform fees and can share in inflationary TANGO token rewards of up to 2% per year.

Top Yield Opps:

Earn an insane 73% APY on stablecoins with wstUSR/USDC, receive 28% APY on wstETH/ETH, or explore more exotic looping offerings from Contango, such as BTC restaking opportunities.

🤖 Almanak

Website | Twitter
Best For: Automated Yields
Risk: High

About:

One of crypto’s fastest growing protocols, Almanak is an agentic platform that leverages automated strategies to heighten depositor returns that saw its TVL grow by nearly 1,200% in the week ahead of this article.

Almanak’s lone product, the “Autonomous Liquidity USD” vault, is a tokenized yield strategy on Ethereum that identifies opportunities and repositions capital to capture the highest available yields within customized risk parameters. The system features automated portfolio rebalancing and only executes transactions when yield improvements justify the associated costs.

While a lack of human oversight could lead this vault to make risky allocation decisions that result in the loss of depositor principal, this application may entice crypto natives seeking consistently high yields who don’t want to manually redeploy capital.

Top Yield Opps:

Receive 9% APY when you deposit into Almanak’s Autonomous Liquidity USD vault.

🛢️ Euler

Website | Twitter
Best For: Multichain Yield
Risk Level: Low to High

About:

Euler brands itself as a flexible platform for decentralized lending and borrowing that is designed to adapt and grow with the evolving world of DeFi. Its EUL has steadily climbed throughout 2025, and the token just experienced its best two-week period on record, parabolically doubling in price to achieve new all-time highs north of $14!

This lending dApp allows for permissionless market creation with custom risk parameters. Additionally, Euler provides highly flexible collateralization options, which enable vault curators to accept multiple assets as collateral for a single market or accept rehypothecated deposits from other lending vaults as collateral, enhancing capital efficiency and reducing market fragmentation.

In late May, Euler introduced EulerSwap, a “smarter DEX” that integrated Euler lending vaults with Uniswap V4 via hooks to tackle inefficiencies like idle capital, lack of collateral utility, and costly rebalancing. This deployment empowers Euler depositors to natively borrow against their LP stakes while they earn yield from swaps and lending.

Top Yield Opps:

Earn 6% APY with Euler’s USDC vault on Ethereum or 7% APY with Euler’s WETH vault on Ethereum. Alternatively, explore Euler’s multichain universe and receive a 6% APY with USDC on Unichain.

🐟 Nemo Protocol

Best For: Token Incentivized Yield
Risk Level: Low
Website | Twitter

About:

Just like Pendle – a widely popular yield swapping application on top EVM networks – Nemo is a Sui-native platform that enables users to split yield-bearing tokens into principal (PT) and yield (YT) components. PTs can be redeemed for a vault’s underlying tokens at maturity and YTs accrue all returns generated from the underlying until vault maturity.

Vault depositors can provide liquidity to earn swap fees while maintaining crypto exposure while accessing future yields by selling their YTs. Alternatively, Nemo speculators can leverage their yield exposure by purchasing YTs and risk-averse users can purchase PTs to lock in guaranteed fixed returns on crypto assets for a defined period of time (i.e.; until maturity).

Nemo has an ongoing points program that rewards protocol participants with non-transferable points, which will serve as a proof of engagement for future airdrops. Points are distributed every 24 hours and can be earned by depositing liquidity, holding PT/YT tokens, and trading on the Nemo Protocol.

Additionally, Nemo has ongoing incentives program in partnership with Sui-native lending platform Scallop that rewards sCOIN users with SCA tokens. 

Top Yield Opps:

While fixed yields through Nemo are relatively muted (a function of current market yields), users can earn substantial returns by providing liquidity.  Deposit into Nemo’s sUSDC vault to earn 20% APY or enjoy boosted yields on volatile Sui-native assets, like 53% APY with Nemo’s sWAL vault.