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Citizen Daily Brief

October Farming Opps ($)

Welcome back to the Citizen Daily Brief. Today, we're digging into the top spots we're parking our crypto capital this month.
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Oct 23, 20256 min read
October Farming Opps
Published on Oct 23, 2025
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NEED TO KNOW
Trump Pardons CZ
  1. 💰 Trump Pardons Binance Founder Changpeng Zhao. President Trump pardoned Binance's CZ, erasing his criminal record and potentially setting him up to return as CEO.
  2. 🤖 Crypto Social Platform Farcaster Acquires Clanker Token Bot. Farcaster plans on integrating the AI trading agent "more deeply" into the app.
  3. 👻 Aave Labs Buys Crypto Neobank Stable. Stable's technology will be utilized for future Aave Labs consumer products.
📸
Daily Market Snapshot: Trump's pardon of Binance founder CZ sent BNB prices higher, climbing 5% on the day, but it was his own WLFI token's 16% climb that seemed to catch investor attention.
Prices as of 5pm ET 24hr 7d
Crypto $3.69T ↗ 2.8% ↗ 0.6%
BTC $109,488 ↗ 2.3% ↗ 1.1%
ETH $3,825 ↗ 2.2% ↘ 1.2%
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CHEAT SHEET
Price Predicting

Market Plays:

Hot Reads:

Top Farming Opps:

Airdrop Hunter:

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PLAY OF THE WEEK
October's Top Yield Farming Opportunities
Bankless Analyst: Jack Inabinet

Markets never sleep – but that doesn’t mean you need to stay glued to the screen. Each month, we spotlight where the sharpest capital is quietly compounding.

This edition breaks down five of the best crypto yield opportunities right now, built for investors who want steady onchain returns without chasing memecoins or guessing at market tops. 💸👇

p.s. Check out Yield Hunter (beta) to view automatically generated yield opportunities

🪙 Plasma

Website | Twitter
Best For: Incentivized yield
Risk Level: Variable

About:

Plasma is a new high-performance Layer 1 blockchain that is designed for stablecoins; the chain offers near-instant, fee-free transfers on USD Tether (USDT).

Freshly launched towards the end of September, Plasma boasts backing from numerous crypto heavyweights, ranging from exchanges Bitfinex and Bybit to prolific venture groups like Framework and Founders Fund, to notable angel investors including Tether CEO Paolo Ardoino and Crypto Twitter personality Cobie.

The Plasma “Ecosystem and Growth” fund holds 40% of XPL token supply. With 20% of the reserve earmarked as DeFi ongoing incentives programs, yield farmers receive the opportunity to juice their DeFi rewards rate with supplementary XPL incentives.

Top Yield Opps:

Earn 7% APY by minting Pendle sUSDe PT on Plasma, and boost your rewards rate upwards of 20% APY by borrowing against and leveraging Pendle sUSDe PTs through Aave. Alternatively, deposit USDT into Plasma’s managed USDT vault and receive 9% APY.

🕯️ Lighter

Website | Twitter
Best For: Perp DEX yield
Risk Level: High

About:

Lighter is a decentralized trading platform that aims to provide unmatched security and scale. The exchange provides verifiable matching and liquidations using zero-knowledge (ZK) proofs, while operating at traditional exchange performance levels.

Similar to other crypto-native exchanges that facilitate trader orders through an internal market maker, the Lighter Liquidity Provider (LLP) is a community-owned and protocol-run pool that backstops liquidity on Lighter and handles liquidations. Depositors to LLP win when traders lose money.

Although Lighter caught flack from crypto commentators over losses suffered by LLP depositors during early October’s flash crash, and depositors should remain cognizant that losses remain possible, the final drawdown from that event was only 5%, a bearable loss considering the vault’s heightened return profile.

Top Yield Opps:

Deposit to the Lighter Liquidity Provider pool to begin harvesting yields of 47% APR. Achieve even greater returns (with even greater risk) by exploring Lighter’s other pool options, like the Experimental Liquidity Provider or community-created pool options.

💫 Ekubo

Website | Twitter
Best For: BTC yield
Risk Level: Medium

About:

Ekubo is a concentrated liquidity AMM that uses a singleton architecture (i.e., the entire exchange is contained within a single smart contract). This decentralized exchange ranks among the largest applications on Starknet, boasting $54M of locked value on the chain.

Last month, on September 30, the Starknet Foundation commenced “BTCFi Season,” a structured token incentive rewards campaign designed to bolster BTC yields throughout Starknet’s DeFi ecosystem alongside the arrival of BTC staking.

The Starknet Foundation dedicated a budget of 100M STRK to the BTCFi program, which is set to run for a minimum of six months and could be extended for additional duration. While the BTCFi program lasts, Starknet will likely remain a top source of yield on BTC.

Top Yield Opps:

Earn juiced yields on Ekubo’s BTC-linked stable pools, like 17% APR on WBTC-LBTC and 14% APR on WBTC-tBTC (note: final yields may vary with liquidity position range). Venture out to the furthest corner of the risk-reward spectrum and receive up to 78% APR with Ekubo’s xsBTC-SolvBTC pool.

💛 Midas

Website | Twitter
Best For: Managed yield
Risk Level: Variable

About:

Midas is a DeFi protocol that provides crypto investors with easy access to multiple managed vault strategies and convenient tokenized receipts that serve as proof of deposit.

Midas-issued deposit receipts trade at market-determined prices, but are backed by crypto assets which earn yield from various offchain and onchain sources. Users can freely mint these deposit receipts at any time, and enjoy instant redemptions when liquidity is sufficient.

Before interacting with Midas, it is essential to fully understand the risk profile of any opportunity you plan on depositing into. To ascertain this information, navigate to the vault page and carefully review all provided information, such as the factsheet and asset holdings information.

Top Yield Opps:

Earn 24% APY with Midas mMEV, a high-risk tokenized stablecoin strategy deployed in partnership with MEV Capital that primarily invests in long-tail, dollar-linked instruments. Holders of mMEV (and many other Midas strategies) can enhance their returns with leverage by borrowing against their tokenized deposit receipts on Morpho and reinvesting the proceeds.

⚙️ Gearbox

Website | Twitter
Best For: Leveraged yield
Risk Level: Variable

About:

Gearbox is a leveraged trading platform that is optimized for yield farming. When a user wants to open a position through Gearbox, they first borrow stable base tokens from the protocol, which are automatically converted into the asset of choice through decentralized exchanges thanks to the magic of DeFi-native composability.

By using stable base assets in its lending pools, like USDC and ETH, Gearbox can offer extremely high leverage loans on yield-bearing tokens, like restaked ETH and stablecoin strategies, without creating excess risk that lenders will lose the value of their deposit back in the event of borrower liquidation.

Top Yield Opps:

Play lender to Gearbox and earn up to 24% APY on USDC or 6% APY on ETH. Alternatively, assume the risk of leveraged farming to squeeze insane yields from stablecoin-linked strategies; earn up to 165% APR on sUSDai and 70% APR on Midas mBASIS.


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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.