Weekly Blue Pill | Week 1, 2026

johnnyonline

05 Jan 2026 — 2 min read

Overview

Welcome to The Blue Pill - Week 1, 2026. A weekly update covering what's been happening across the Yearn ecosystem.

This newsletter is meant to be a simple summary of recent activity: governance discussions, vault performance, a few protocol-level metrics, and once in a while some alpha we can share. We hope you'll find it useful!

Time seems to be moving faster than ever, but work at Yearn continues steadily. Our agenda for today:

Yearn at a glance - high-level protocol metrics, including TVL and week-over-week changes
Vaults - top yields across chains
yCRV - this week's fees and week-over-week changes
yYB - this week's fees and week-over-week changes
Alpha Corner - features and strategies in development

Yearn at a glance

Yearn TVL declined week-over-week by ~1%, from $563.1M (192,450 ETH) to $559.5M (177,431 ETH).

Total DeFi TVL increased week-over-week by ~4%, from $120.19B (38.12M ETH) to $125.23B (39.72M ETH),
with Yearn's share at 0.45%.

Vaults

Top Stablecoin Vaults:

vbUSDC yVault (katana): 42.98% APR | $90.1M TVL
vbUSDT yVault (katana): 40.45% APR | $25.7M TVL
AUSD yVault (katana): 38.72% APR | $7.4M TVL
crvUSD-2 yVault (mainnet): 6.43% APR | $2.6M TVL
Savings USDaf (mainnet): 5.87% APR | $690.6K TVL

Top Crypto Vaults:

vbETH yVault (katana): 15.31% APR | $83.4M TVL
SKY-1 yVault (mainnet): 14.10% APR | $137.2K TVL
vbWBTC yVault (katana): 7.16% APR | $13.0M TVL
WETH Horizon yVault (base): 2.71% APR | $55.0K TVL
WETH-1 yVault (mainnet): 2.03% APR | $10.1M TVL

yCRV

This week yCRV stakers received 51,018.18 crvUSD rewards, compared to 54,733.60 crvUSD in the prior week, for a week-over-week change of -6.8%

yYB

yYB updates coming soon!

Alpha Corner

Dive into the alpha with those two great podcast episodes, featuring Corn!

Disclaimer

All data presented in this newsletter is based on publicly available sources and onchain information at the time of generation. The scripts used to collect and generate this data are open source and available here.

Until next time, peace!