Vaults.fyi is a DeFi aggregator that streamlines the process of finding and depositing into the best vaults across 12 EVM-compatible chains. It pulls data from over 520 strategies on more than 20 protocols, and lets users filter and sort to match their preferences. The platform enables direct deposits, along with swaps and bridging, while also offering risk navigation assessments, and users can monitor active positions via a dashboard function.
Back in June, Vaults.fyi put out an X post that stated, “life’s too short for bad crypto data”, and that hints at one of the platform’s major plus points: saving you time. Basically, DeFi is complicated and to address that Vaults.fyi has constructed a valuable tool to find the best returns as quickly as possible.
In this guide, we’ll look at exactly what Vaults.fyi does, and walk through how to use it by taking an example on Ethereum.
What Is Vaults.fyi?
Designed to make yield-hunting across protocols a whole lot easier, Vaults.fyi is driven by a simple idea: instead of manually trawling through protocols and chains to find the best vaults, you can use one platform as a dashboard on which to browse and compare, filtering opportunities from multiple sources.
When you open the app you’ll find aggregated vault listings from integrated protocols, and each item includes key stats such as current APY and TVL, along with the chain and asset type.
The UI is designed so you can easily sort and filter by whichever metrics matter most to you, and the platform has expanded to track over 520 yield strategies from more than 20 protocols. These are based across 12 EVM chains, including Ethereum, Base, and Arbitrum, and they are pulled together into a comprehensive overview.
Furthermore, depositing is a straightforward process. Once you’ve clicked into a vault and checked its details, you can then deposit directly through the Vaults.fyi frontend, so it acts as an aggregator and data source, but also as an active interface, and you can track your positions too.
As always though, you need to be aware of the risks associated with DeFi products, which include smart contract exploits, frontend attacks, and market volatility that can negatively affect your APY. Also, when you’re using Vaults.fyi you need to consider the risks associated with each vault that you interact with through the platform.
However, note also that Vaults.fyi can assist you in navigating risk as it provides a reputation score and relevant information for all integrated vaults, as we’ll see below.
How to Use Vaults.fyi
First of all, you can open the app and connect your wallet, and you’ll see that on the front page you immediately get some decent starting points as it displays a selection of trending vaults that will typically feature high APYs.
Note that by default the APYs shown are across seven days, but if you want to change the timescale–it can be useful to look at a longer frame, depending on your strategy–you can do that through the Settings control at the top right of the page.
You can also find a navigation bar to the left where there’s a Swap and Bridge function, so if you need to acquire particular assets for a vault you want to use, or you need to bridge anything across from one chain to another, you can do so from there, and that section…
