hey anons, the season 2 airdrop of @SonicLabs has been live for a few weeks now
in this thread, i'll share 3 overlooked defi protocols and farms on sonic you should check out 🧵
1/ @PeapodsFinance
let’s start with peapods finance. the current TVL on Sonic is less than 500k, which is only 4.35% of the protocol’s total TVL across all chains
peapods is a volatility farming protocol that operates without relying on oracles
peapods revolves around 'Pods', which are essentially wrapped assets
one example is pstS, a wrapped version of the $stS token
not going to dive deep into this protocol in this thread
but they basically introduced the concept of 'Leveraged Volatility Farming' or LVF
this lets users double their yield while keeping single-sided exposure to their preferred assets
here're some juicy LVF pools with 2x soft leverage:
🔸 px33 (x33) - 53% APR, $61k TVL
🔸 pstS (S) - 22% APR, $39k TVL
🔸 pANON (ANON) - 63% APR, $23K TVL
🔸 pSHADOW (SHADOW) - 35% APR, $5k TVL
check them out here:
you can also lend assets on peapods, particularly through the metavaults
the liquidity in these vaults is used in LVF pools, mainly supporting users who open soft leverage positions of up to 2.33x
there are 3 metavaults
the most notable one is the USDC.e vault which earns 13.3% APR
link:
additionally, you can supply your USDC.e directly to the lending pairs of pods linked to this metavault for isolated exposure
you can earn around 25% APY with your USDC.e on pstS and pANON pairs atm
link:
2/ @ZyfAI_
zyfai is a defi agent designed to optimize yields
it helps you earn the best yield possible by automatically moving your funds to the highest-yielding pools
it also auto-compounds your earnings for you
currently, the TVL is $1.3 million and 79% of that is on Sonic
you can currently earn 17%on your USDC
note: zyfai utilizes protocols like pendle, silo, aave, and euler
imo if you want to avoid the hassle of manually claiming and moving funds, this can be a good place
it's ideal for passive investors
link:
3/ @vfat_io
this maybe a big protocol but they only have $2 million TVL on Sonic
and i dont think many people are even aware that they’re live on Sonic yet
vfat is a yield aggregator
it simplifies the process of managing your positions by letting you compound, rebalance, or exit with just a single click
if you're tired of adjusting price ranges for your concentrated LPs in shadow and equalizer, this is a good place to check out
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