Yearn V2 Yield Strategies

Compare 4 yield strategies on Yearn V2 across ETH, WBTC. Live APY rates, TVL, and performance history — updated daily.

Strategies

4

Assets

2

Networks

1

Top APY

3.51%

All Yearn V2 Strategies

StrategyAssetNetworkCuratorAPYTVL
Morpho Gauntlet WETH Prime CompounderETHMainnet3.51%$795.7K
WETH Core Vault #2ETHMainnet2.08%$1.8M
WETH Core Vault #1ETHMainnet1.69%$22.7M
WBTC VaultWBTCMainnet0.00%$4.0M

Frequently Asked Questions

What is the highest APY on Yearn V2?

The highest-yielding strategy on Yearn V2 is Morpho Gauntlet WETH Prime Compounder with 3.51% APY on ETH (Mainnet).

How many strategies does Earnbase track on Yearn V2?

Earnbase tracks 4 yield strategies on Yearn V2 across ETH, WBTC.

What assets can I earn yield on with Yearn V2?

Yearn V2 supports yield strategies for ETH, WBTC across Mainnet.

Does Yearn V2 yield include external rewards?

No. Earnbase tracks on-chain APY only. External incentives like token rewards or points are excluded from all yield data.

Yearn V2 Yields: Compare APY Across 2 Assets

Earnbase tracks 4 yield strategies on Yearn V2 across 1 network. Compare APY rates for ETH, WBTC, updated daily.

Total TVL

$29.3M

Top APY

3.51%

Networks

1

Assets

2

Tracked Assets on Yearn V2 | Jump to

ETH

3 strategies
Product APY
E
Morpho Gauntlet WETH Prime CompounderMainnetMainnet
3.51%
E
WETH Core Vault #2MainnetMainnet
2.08%
E
WETH Core Vault #1MainnetMainnet
1.69%

WBTC

1 strategy
Product APY
W
WBTC VaultMainnetMainnet
0.00%

About Yearn V2

Yearn V2 represents the second generation of Yearn's vault architecture, designed to run multiple yield strategies simultaneously within a single vault. Where a standard lending deposit earns from one source, a Yearn V2 vault might split capital across up to twenty different strategies, each pursuing yield from different lending markets, liquidity pools, or farming opportunities. This diversification can smooth yield volatility.

when one strategy underperforms, others may compensate. V2 vaults operate on Ethereum Mainnet and have been running alongside the newer V3 architecture, with some strategies accumulating years of performance history. The multi-strategy approach means Yearn V2 yields don't directly correspond to any single underlying protocol's rates, making them difficult to benchmark against single-source yields.

Comparing Yearn V2 against single-protocol deposits reveals the trade-off between diversified managed yield and the transparency of knowing exactly where your capital sits.

Earnbase tracks 4 strategies on Yearn V2 across Mainnet.

Frequently Asked Questions

What is the highest APY on Yearn V2?
The highest yield currently tracked on Yearn V2 is 3.51% APY on Morpho Gauntlet WETH Prime Compounder (ETH on Mainnet). Rates are variable and update daily.
How many strategies does Earnbase track on Yearn V2?
Earnbase tracks 4 yield strategies on Yearn V2 across 2 assets and 1 network.
What assets can I earn yield on with Yearn V2?
Yearn V2 supports yield strategies for ETH, WBTC. Each asset has multiple strategies with different risk profiles and APY rates.
Does Yearn V2 yield include external rewards?
No. APY shown on Earnbase reflects on-chain vault performance only. External incentives such as token rewards, points programs, and liquidity mining are excluded.
What is the total TVL across all Yearn V2 strategies?
The combined TVL across all 4 Yearn V2 strategies tracked on Earnbase is $29.3M.
What is the average APY across Yearn V2 strategies?
The average APY across all tracked Yearn V2 strategies is 1.82%. Individual strategies vary considerably — sorting the tables by APY reveals the full range from conservative to higher-yield positions.
How do Yearn V2 strategies compare across networks?
Yearn V2 is deployed on Mainnet. Borrowing demand and liquidity conditions differ by network, so the same asset can yield different rates depending on which network you deposit on. Comparing across networks is one of the most reliable ways to find yield improvements without changing risk profile.
What is the best 30-day APY on Yearn V2?
The highest 30-day average APY on Yearn V2 is 3.22% on Morpho Gauntlet WETH Prime Compounder. The 30-day figure smooths out short-term rate spikes and provides a more reliable indicator of what a position has actually delivered over time.
How do I choose between Yearn V2 strategies?
Sort by APY to identify the highest-yielding options, then examine the product name and network for context. Higher APY typically reflects higher collateral risk, leverage, or a smaller liquidity pool. Comparing the 24-hour APY against the 30-day average helps identify whether a rate spike is recent or sustained.
Are all Yearn V2 strategies the same risk?
No. Yearn V2 strategies vary by collateral type, network, curator (if applicable), leverage, and liquidity pool size. A conservative USDC vault with blue-chip collateral carries different risk than a higher-yield strategy accepting more volatile collateral. APY differences between strategies on the same protocol reflect these underlying differences.