Weekly Blue Pill | Week 4, 2026
Overview
Welcome to The Blue Pill - Week 4, 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 ~5%, from $552.7M (166,695 ETH) to $523.6M (180,664 ETH).
Total DeFi TVL declined week-over-week by ~8%, from $129.66B (44.74M ETH) to $119.48B (41.23M ETH),
with Yearn's share at 0.44%.
Vaults
Top Stablecoin Vaults:
- vbUSDC yVault (katana): 41.37% APR | $94.1M TVL
- vbUSDT yVault (katana): 38.49% APR | $27.1M TVL
- AUSD yVault (katana): 37.72% APR | $7.4M TVL
- crvUSD-2 yVault (mainnet): 7.26% APR | $2.7M TVL
- USDC-1 yVault (mainnet): 5.53% APR | $36.6M TVL
Top Crypto Vaults:
- yYB yVault (mainnet): 118.38% APR | $166.6K TVL
- vbETH yVault (katana): 15.67% APR | $77.2M TVL
- vbWBTC yVault (katana): 7.04% APR | $11.8M TVL
- WETH-1 yVault (mainnet): 2.28% APR | $9.0M TVL
- WETH-2 yVault (mainnet): 2.11% APR | $2.6M TVL
yCRV
This week yCRV stakers received 63,119.62 crvUSD rewards, compared to 55,742.19 crvUSD in the prior week, for a week-over-week change of +13.2%
yYB
This week yYB stakers received 669.25 crvUSD rewards, compared to 1,126.89 crvUSD in the prior week, for a week-over-week change of -40.6%
Alpha Corner
No Alpha today. Come back next week!
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!