r/DeFi -top scoring posts month- (🔗Reddit)
Searching Best Pools
I’ve developed a process for finding the best liquidity pools, and I thought it might be useful to share it with the community. First, I use to search for pools. I filter by blockchains and platforms that I trust and use regularly. I also set TVL > $1M to minimize risk, and I add the 7d base APY column to get a better snapshot of recent performance. Once I have a list, I sort by the 30d Avg APY and analyze the results. I look at how the 7d base APY compares to the 30d Avg APY. A big difference between the two is usually a sign of volatility and inconsistent yields. If I come across tokens I'm not familiar with, I check them out on https://skynet.certik.com/. If the token has at least 70 points, I consider it reliable enough. I also look at the token's price correlation with BTC on https://coinmarketcap.com/, which helps me identify tokens that are either underperforming or potential hidden gems. Using this approach, I’ve found some solid pools on Uniswap like: WETH-USDT on Polygon WBTC-USDT on Arbitrum How you search for profitable liquidity pools? What tools or strategies do you use?
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₿izFeed#⃣: #DeFi
Searching Best Pools
I’ve developed a process for finding the best liquidity pools, and I thought it might be useful to share it with the community. First, I use to search for pools. I filter by blockchains and platforms that I trust and use regularly. I also set TVL > $1M to minimize risk, and I add the 7d base APY column to get a better snapshot of recent performance. Once I have a list, I sort by the 30d Avg APY and analyze the results. I look at how the 7d base APY compares to the 30d Avg APY. A big difference between the two is usually a sign of volatility and inconsistent yields. If I come across tokens I'm not familiar with, I check them out on https://skynet.certik.com/. If the token has at least 70 points, I consider it reliable enough. I also look at the token's price correlation with BTC on https://coinmarketcap.com/, which helps me identify tokens that are either underperforming or potential hidden gems. Using this approach, I’ve found some solid pools on Uniswap like: WETH-USDT on Polygon WBTC-USDT on Arbitrum How you search for profitable liquidity pools? What tools or strategies do you use?
~
₿izFeed#⃣: #DeFi