Yearn Finance
Liquidity · Vaults · YFI
Yearn pioneered the yield-vault model: users deposit assets and Yearn vaults (yVaults) route them into the best available strategies — including Curve LP + Convex farming — auto-harvesting and recompounding rewards.
The original DeFi yield-aggregating vaults.
Protocol TVL
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-0.2% 24h
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with Yearn Finance and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Convex Finance | In-pool peer and yield-boosting layer for Curve; both aggregate/optimize Curve-based yield. | Both let users earn boosted Curve/Convex yield without directly locking CRV, and Yearn's yCRV strategies route through Curve/Convex. | Convex is specialized on Curve (and later Frax/Prisma) boost aggregation, whereas Yearn is a general multi-strategy yield aggregator across many protocols and asset types. |
| 2 | Beefy | In-pool peer; multi-chain auto-compounding yield optimizer. | Both offer automated, auto-compounding vaults that abstract away manual yield farming for depositors. | Beefy emphasizes broad multi-chain coverage and simpler auto-compounding vaults; Yearn focuses on curated, more actively-managed strategies and richer governance/tokenomics (veYFI, yLockers). |
| 3 | Aura Finance | Balancer-ecosystem yield/boost aggregator, analogous to Convex but for Balancer. | Both aggregate and optimize DEX-based yield and offer boosted, auto-compounding exposure to LP positions. | Aura is focused on the Balancer/veBAL ecosystem; Yearn is protocol-agnostic and spans lending, LP, LST and stablecoin strategies. |
| 4 | Morpho / lending vaults | Curated on-chain lending vaults competing for stablecoin yield deposits. | Both offer curated, non-custodial vaults where depositors receive optimized yield without active management. | Morpho vaults are lending-market-specific (curated risk over lending protocols), while Yearn spans many yield sources beyond lending. |
| 5 | Arrakis Finance | On-chain market making and LP infrastructure. | Both in Liquidity (Vaults). | Tokenless LP-management infrastructure used by protocols/DAOs to run professional, on-chain market-making vaults. |
| 6 | Maverick Protocol | Dynamic-distribution AMM with automated liquidity modes. | Both in Liquidity (Vaults). | Automated liquidity 'modes' move concentrated positions with price, blending CLMM efficiency with hands-off LPing. |