Best Yield Farming Crypto Platforms for 2022 – How to Farm Crypto

output agrarian is one of many ways to earn interest on dead cryptocurrency holdings. The main concept is that by lending your digital assets to a liquid pool, you will be paid an attractive APY on your funds .
In this usher, we review the best yield farming crypto platforms for 2022 in terms of interest rates, security, lock-up terms, supported tokens, and more .

The Best Yield Farming Crypto Platforms for 2022 List

In the move over farming crypto list below, you will find an overview of the best platforms in the market good immediately to make money with cryptocurrency .

  1. Aqru – Overall Best Yield Farming Crypto Platform for 2022 – overall Best give way Farming Crypto Platform for 2022

  2. eToro – Regulated Platform Offering Crypto Interest Tools
  3. – Great Platform for Earning a high APY on Stablecoins
  4. BlockFi – Popular Platform for Bitcoin Yields
  5. Coinbase – Top-Rated Yield-Generating Platform for Beginners

Reviews of the providers from the above high render farming crypto list can be found below .

Top Yield Farming Crypto Platforms Reviewed

We searched hanker and hard for the very best yield farming crypto platforms for 2022 and found that the top providers in the grocery store offer a perfect symmetry between guard, attractive yields, and reasonable lock-up terms .
We besides considered factors surrounding user-friendliness, customer servicing, and supported tokens .

1. Aqru – Overall Best Yield Farming Crypto Platform for 2022

If you ’ re looking for the very best direction to earn interest on your dead digital currentness investments, we found that Aqru stands out in this marketplace. In opening an account with this provider, you will have the opportunity to earn an APY of 7 % per class on both Bitcoin and Ethereum. This is one of the most attractive sake rates that you will find on these leading crypto assets .
furthermore, unlike most yield farming crypto sites, Aqru allows you to earn the aforesaid high yield without needing to lock your tokens away for a minimum come of clock. On the adverse, Aqru offers elastic accounts, so you can request a withdrawal at any given time. In addition to Bitcoin and Ethereum, Aqru crypto matter to accounts besides support a choice of stablecoins. The likes of USDC and Tether, for case, pay an APY of 12 % per year .

Aqru is able to offer such attractive rates of render as it provides crypto loans to both retail and institutional borrowers with your deposit funds. Another thing we like about Aqru is that the platform supports decree currentness deposits. This means that you can start earning sake on crypto flush if you don ’ deoxythymidine monophosphate presently have any digital tokens to hand. furthermore, Aqru offers a mobile crypto app for both Android and io phones, so you can access your account while on the move .
What We Like About Aqru:

  • Attractive rates of 7% APR on Bitcoin/Ethereum
  • APY of 12% on stablecoins
  • No lock-up period
  • Great reputation

Earn Crypto Yields on Aqru nowadays
Cryptoassets are a highly volatile unregulated investment product. 

2. eToro – Regulated Platform Offering Crypto Interest Tools

etoro review
If your main precedence when searching for the best return farming crypto sites is safety, look no further than eToro. Although this platform – which is regulated by the SEC, ASIC, FCA, and CySEC, doesn ’ t offer conventional yield farm services per southeast, eToro does allow you to earn passive voice interest. This is offered via an automated stake instrument that generates income for ampere long as the tokens are held in your eToro account .
As of writing, eToro offers crypto staking services on Cardano, Ethereum, and Tron. There is no requirement to lock your tokens up for a minimal phone number of days, as all eToro interest-bearing tools are offered on a flexible basis. This will suit those that might require access to their crypto assets at short circuit poster. In addition to a potent regulative status and institutional-grade security tools, we besides like eToro for its low-cost brokerage and exchange services .
etoro review
For case, eToro allows you to buy cryptocurrency on a spread-only basis, from just $ 10. furthermore, there are no fees to deposit funds in US dollars, nor will you be charged anything to store your tokens in the eToro crypto wallet .
eToro is besides a democratic option for mobile users, as the provider ’ mho crypto wallet app allows you to exchange tokens across 500+ pairs. And last, eToro offers a transcript trade serve that allows you to trade cryptocurrencies in a 100 % passive voice manner .
What We Like About eToro:

  • Regulated by the SEC, ASIC, FCA, and CySEC
  • Automatically earn interest on supported tokens
  • Withdraw your tokens at any time
  • Also supports spread-only crypto purchases and copy trading tools

Earn Crypto Yields on eToro now
Cryptoassets are a highly volatile unregulated investment product. 

3. – Great Platform for Earning a High APY on Stablecoins logo
If you ’ re looking to earn the highest rate of interest potential on cryptocurrencies – without worrying about volatile price spikes, possibly consider This top-rated supplier allows you to earn an APY of up to 14 % when depositing stablecoins such as Tether and USDC into your account. There are, however, certain variables that will determine the accurate APY that you are paid .
For exemplify, in ordain to earn the wide 14 % APR on Tether, you need to lock your tokens up for three months. You will besides be required to venture no less than 40,000 CRO tokens. On the other handwriting, if you were to deposit Tether without staking any CRO tokens and on a elastic withdrawal basis, then the APY drops to 6 %. As such, offers versatile APYs to suit different requirements. review
With that said, offers more than 250+ digital currencies that yield matter to – most of which fall outside of the stablecoin stadium. This includes everything from Bitcoin, Ethereum, and Litecoin to Solana, Shiba Inu, and Decentraland. once again, the APY that you can earn will depend on the lock-up time period and whether you wish to stake CRO tokens. Nevertheless, besides offers a popular mobile app that allows you to access your report no count where you are located .
What We Like About

  • Supports more than 250+ coins
  • Attractive rates on interest
  • Increase APYs by staking CRO tokens
  • Trusted platform

Earn Crypto Yields on now
Cryptoassets are a highly volatile unregulated investment product.

4. BlockFi – Popular Platform for Bitcoin Yields

blockfi review
BlockFi, one of the best crypto exchanges, offers a variety of services associated with cryptocurrency investments. In terms of earning interest, the platform offers fair APYs on both stablecoins and traditional digital assets. Regarding the former, you can earn an APY of up to 9.25 % when you deposit Tether into your BlockFi score. And, this rate is paid up to the first 20,000 USDT deposited and without a lock-up period .
If you ’ re looking to generate a yield on your Bitcoin investments, the highest pace on offer is 4.5 %. This rate is paid up to the first 0.10 BTC deposited. After that, the rate drops to 1 %. Ethereum is slightly more competitive at 5 %, albeit, this is only paid up to the first 1.5 % ETH. In terms of safety, BlockFi keeps the huge bulk of customer digital funds in coldness storage. furthermore, digital tokens are kept with ahead third-party exchanges – such as Gemini .
blockfi review
BlockFi besides has an insurance policy in place to cover the electric potential threat of a outback hack. In addition to crypto render services, BlockFi besides offers traditional trading accounts. This allows you to buy and sell digital currencies at competitive fees. And as such, once you have purchased a crypto asset on the BlockFi platform, you can start generating yields immediately. BlockFi is besides known for its top-rated customer service, which includes telephone support .
What We Like About BlockFi:

  • Specialist crypto-interest earning site
  • A large number of supported tokens
  • No lock-up periods
  • Top rates on stablecoins

Earn Crypto Yields on BlockFi now
Cryptoassets are a highly volatile unregulated investment product.

5. Coinbase – Top-Rated Yield-Generating Platform for Beginners

Coinbase is one of the worldly concern ’ second largest cryptocurrency exchanges in terms of exploiter accounts – with the platform immediately supporting tens of millions of traders. You can well buy digital currencies here with a debit or credit poster, and the Coinbase trade platform itself is arrant for beginners. once you have crypto in your Coinbase account, you have the opportunity to start earning interest .
This is offered via its automatize stake tool – which comes with no lock-up period. As Coinbase has only recently entered the crypto give way space, the platform supports just six tokens as of write. This includes Cosmos ( 5 % ), Tezos ( 4.63 % ), Ethereum ( 4.5 % ), and Algorand ( 4 % ). Stablecoins include Dai ( 2 % ) and USDC ( 0.15 % ). Although Coinbase is ideal for newbies, the APYs on offer are a distribute less competitive when compared to other platforms .
coinbase staking
On the early handwriting, Coinbase does offer some of the best security protocol in this space, which includes cold storage, two-factor authentication, and IP address/device whitelisting. furthermore, Coinbase is not only a regulated entity in the US, but the company now trades on the NASDAQ rally. Coinbase is besides a good choice if you want to create a diversify portfolio of cryptocurrencies, as the platform supports more than 50+ digital tokens .
What We Like About Coinbase:

  • Regulated entity in the US
  • No penalities on withdrawals
  • Deposit funds in crypto or US dollars
  • Perfect for beginners

Earn Crypto Yields on Coinbase nowadays
Cryptoassets are a highly volatile unregulated investment product.

What is Crypto Yield Farming? 

Crypto yield farming occurs when you interest or lend your crypto holdings to generate passive returns and earn rewards. Decentralized finance, or DeFi for short, has gained grip recently as a consequence of modern features such as fluidity mine .

How Does Yield Farming Crypto Work?

In its most basic form, when you use a concede farming crypto locate, you will be doing thus for the purpose of earning interest on your digital assets .
In many ways, this is similar to depositing money into a traditional savings account that offers an annual share yield ( APY ) on your funds .
however, make no error about it – not only is the concept of yield farming crypto sites a bunch more complex than a conventional savings account – but the risks are much higher excessively. To learn more, read our guide to the best crypto savings accounts .
And as such, we ’ ll explain the fundamentals of how crypto give farming works in the sections below so that you have a firm understand of how this recess sector operates .

Crypto Yield Farming Explained – The Basics

At the originate of your crypto yield farming travel, you will be required to deposit funds into your chosen platform. In turn, the digital tokens will then be deposited into a fluidity pool supplier, via a chic contract .
And as such, crypto move over farming does not require an mediator for the aim of generating pastime, as the ache shrink operates on a decentralized footing .
what is crypto yield farming
so, the liquidity pond that your crypto funds are deposited into allow people to borrow capital. This might be for the purpose of guess or in many cases – as a mean to access fluidity .
After all, newly launched digital tokens will frequently require extra levels of liquid so that buyers and sellers of the respective project have access to smooth market conditions .


In terms of how much you can make when you engage with a crypto yield farming platform – this will depend on a assortment of factors. At the forefront of this is the respective digital token that your funds are providing liquidity for .

  • For instance, if the smart contract provides liquidity for a newly launched cryptocurrency that carries a small market capitalization, then highly attractive APYs are likely to be offered.
  • In fact, it is not unusual for such tokens to offer triple-digit yields.
  • On the other hand, if you are depositing funds into a crypto yield farming pool that provides liquidity for an established, large-cap project – then expect the APYs to be much lower.

This is a classical example of risk and reinforce, insofar that the higher the APY, the more price excitability you should expect. More on this later .

Yield Farming Pairs 

Another crucial thing to know about give way farming crypto sites is that each liquidity consortium comes as a trading pair .

  • As a basic example, let’s say that the smart contract deposits funds into a BTC/ETH pool.
  • In doing so, you are providing liquidity for both Bitcoin and Ethereum, which, in turn, ensures that sufficient levels of capital are available on this trading pair.
  • In this example, the liquidity is likely being provided to an exchange that offers a trading market on BTC/ETH.

And with this in heed, when you engage in output agrarian crypto services, you need to consider volatility levels for both of the digital tokens in the respective copulate .

Reward Coins 

When you deposit funds into a traditional save account, sake is paid in the respective currentness. For case, depositing $ 1,000 into a Wells Fargo savings account at an APY of 1 % would generate $ 10 deserving of pastime per class .
however, in the subject of yield farming crypto sites, there are a copulate of clear up differences to consider .

  • First and foremost, your interest payments will be distributed in digital assets as opposed to fiat money.
  • Second, there can and will be a variation in the digital asset that your interest is paid in.
  • Crucially, this will largely depend on the crypto yield farming platform that you decide to use.
  • For example, if the yield farming site specializes in the digital assets operating on top of the Binance Smart Chain, then your rewards might be paid in BNB.
  • On the other hand, the yield farming site might distribute rewards in its own native token.

As such, this is something to consider in your search for the best give farming crypto platform for your requirements.

Lock-Up Period 

We have made reference to lock-up periods several times throughout this scout. In a nutshell, this refers to the sum of time you will be required to lock your tokens up for prior to being able to make a withdrawal .

  • For instance, offers up to 14% per year on stablecoins when you lock your tokens up for at least three months (CRO staking requirements also apply).
  • This means that – in a similar nature to traditional bonds, you won’t receive your initial principal investment back until the lock-up period concludes.
  • With that said, you also have platforms like Aqru, which specialize exclusively in flexible accounts.
  • This means that you won’t be required to lock your tokens up for a minimum number of days or weeks. And as such, you can withdraw your tokens from the platform at any given time.

The lock-up terms stipulated by your chosen yield farming crypto platform are a all-important metric unit to consider before signing up .
After all, if you need entree to your digital assets but your tokens are locked away in a smart contract – you won ’ t have any way of making a secession until the minimum redemption period passes .

Distribution Frequency 

Another thing to bear in mind when searching for the best give farming crypto platform is with respect to the distribution frequency of your interest payments .
For exemplar, platforms like Aqru distribute interest payments on a day by day basis. This then allows you to re-inject the funds back into an interest-paying account, which in turn, will allow you to benefit from compound growth .
On the other hand, some crypto yield farming sites will distribute interest at the end of the lock-up term. This means that you won ’ metric ton have access to any funds – including rewards and your initial principal investment until the lock-up period has concluded .

Is Yield Farming Crypto Profitable?

It goes without saying that the chief objective for engaging with a crypto succumb farming web site is to make money. however, that begs the question – equitable how profitable is crypto yield farming ?
There is no hard and firm suffice to this question, as besides many variables are at play. For example, the first thing to consider is the specific APY that you will be paid for lending your tokens out to a liquid consortium .
In its most basic form, if you lend $ 2,000 worth of crypto at an APY of 10 %, then in 12 months ’ time, your digital asset portfolio will nowadays be deserving $ 200 more .
best crypto yield farming platform
however, it ’ s not this dim-witted in the world of crypto yield farm, as your rewards are paid in digital tokens as opposed to fiat money .
And as such, you need to consider that the rate of the digital tokens being invested and received as interest will fluctuate as per market forces .
Let ’ s look at a simplistic model to help clear the mist :

  • We’ll say that you decide to invest in an Ethereum pool that offers an APY of 6% per year
  • You invest a total of 1 ETH, which, at the time of the deposit, is worth $3,000
  • 12 months later, your 1 ETH investment has generated 0.06 ETH in interest payments – taking your total balance to 1.06 ETH
  • Based on a price of $3,000 at the time of the investment 12 months prior, your balance of 1.06 ETH would be worth $3,180
  • However, with Ethereum now trading at $4,000 per token, your balance of 1.06 ETH is now worth $4,240

As per the above case, a core objective of crypto concede farming is not only to earn an attractive APY, but to see the value of the respective token increase in the open market .
If this does happen, you will earn money on two fronts – interest and capital gains .
however, as we explain in more detail shortly, should the value of the token go down while engaging in crypto yield farm, your investment could be worth less at the time of coitus interruptus .

What Cryptos Can You Yield Farm?

As we briefly mentioned earlier, there is about no restrict to the count of digital assets that can be used to earn interest via crypto yield farm .
This is because the independent concept of yield farm is to provide a specific trade pair with sufficient levels of liquidity .
And, when you consider that all crypto trading pairs require liquid for the purpose of providing optimum commercialize conditions, this means that you have enough of options when it comes to choosing a nominal .
With that being said, the specific liquidity pool that your tokens are deposited into will have a major impact on how much interest you can make .
For exemplar :

  • If you were to provide liquidity for a major pair like ETH/BTC or BNB/ETH, then the APYs on offer are going to be somewhat modest.
  • However, if adding funds to a less liquid pool like AAVE/ETH, more competitive rates of interest will be available.
  • At the other end of the spectrum, if the liquidity pool concerns a newly launched digital token with a tiny market capitalization, then you might be able to earn a triple-digit APY.

once again, the cryptocurrency that you decide to farm should be pendent on your risk allowance. A well manner to mitigate the long-run risks of crypto yield farm is to spread your investments out across a variety of pairs .

Crypto Yield Farming Taxes?

You probably know that many countries will tax cryptocurrency profits in the form of capital gains. In other words, if you buy $ 1,000 worth of Ethereum and cash out at $ 1,500 – then $ 500 of this name could be apt for tax .
however, you might besides be required to pay tax on any gains you make from interest-earning tools such as crypto render farm. Depending on your country of residence, this could be taxed in the lapp manner as earnings made via interest accounts or dividend payments .
With that said, crypto-related taxes – particularly with regards to yield farm, is a highly complex area. And as such, it ’ s best to speak with a certified adviser that specializes in digital currency taxes .

Crypto Yield Farming vs Staking

There is much a misconception that crypto output farming and staking refer to the like thing. however, while both tools allow you to generate pastime on your baseless cryptocurrency tokens, there are some differences .
At the forefront of this is where your tokens are deposited .

  • In the case of yield farming, your crypto is deposited into a smart contract. In turn, the smart contract will distribute your funds into a liquidity pool.
  • When engaging in crypto staking, your digital tokens are usually deposited directly into the respective blockchain network.

There are benefits and drawbacks related to both crypto output farm and venture, so it ’ second worth having a think about which tool is best for your investment goals and risk permissiveness .
crypto yield farming APYs
For exercise, crypto stake is potentially safer than yield farm, as the tokens are locked on the blockchain network as opposed to a third-party smart shrink .
But, this means that the move over on offer when staking crypto is typically much lower when compared to yield grow. furthermore, when you stake crypto, you can lone do so on a blockchain network that utilizes the proof-of-stake consensus mechanism .
concede agrarian, however, can generally be accessed on any cryptocurrency .

Is Crypto Yield Farming Safe?

Before getting started on your crypto yield farming travel, it is crucial to consider the risks .
After all, when you consider that many liquidity pools offer double over and even triple-digit APYs, the risk of loss is going to be much higher when compared to conventional savings accounts .
The main risks that we identified when reviewing the best crypto yield grow platforms are as follows :

Token Price Volatility

The first gamble that you need to consider when engaging with a crypto yield farming scheme is with deference to the market value of the nominal .
For case :

  • Let’s say that you invest $1,000 into a liquidity pool of a newly launched token – which yields 50% per year
  • At the end of the first year, you will have 50% more tokens that you originally started with
  • In theory, this means that your $1,000 is now worth $1,500
  • However, if the value of the respective token has since dropped by over 80% – your original investment is now worth considerably less

This is because your $ 1,500 worth of tokens now carries a market value of barely $ 300 .
This is why it might be best to only invest funds into fluidity pools that contain established, large-capitalization tokens .
Although you distillery face the prospect of the token going down in rate while being farmed, the risk of this happen will be lower when compared to less liquid projects .

Platform Risk

many of the best crypto yield farm tools are offered by third-party platforms. Irrespective of whether the platform operates on a centralize or decentralized basis, you need to remember that your funds are never 100 % sure .

  • For example, if investing funds into a centralized yield farming site, you are trusting your funds with the respective provider.
  • This means that you need to trust that the provider will keep your funds safe and away from the threat of remote hackers.
  • You also need to trust that the centralized platform will pay you the interest it owes you – and that it fulfills your withdrawal request when the time comes to cash out.

In the case of a decentralized platform, your agreement will be honored by a chic contract. however, while smart contracts are known for their immutable and guileless characteristics, they are not 100 % foolproof .
By this, we mean that there is every find that a bad actor finds a vulnerability in the underlie code. If this does happen, your funds could be at risk .

Rug Pulls 

In the cryptocurrency space, rug pulls refer to digital nominal projects that are created with the lone determination of larceny .
This can happen when the developer behind the stick out runs away with the digital assets that are collected during the initial fund-raise campaign .
And as such, by injecting funds into a high-yield agrarian crypto project that turns out to be a rug pull, you will likely lose the entire value of your principal investment .

Liquidity Risk

Another gamble that needs to be considered before you invest funds into a crypto succumb farming pool is with deference to liquidity .
By this, we mean that should the respective pool come with a minimal lock-up period, you won ’ deoxythymidine monophosphate be able to access your funds until the redemption period clears .
This can be highly baffling if you need access to fast cash – but the funds are locked up in a fluidity pool .


This founder ’ south lead on crypto output farming has discussed every benefit and likely drawback of this niche sector .
The key takeaway is that the best yield farming crypto platforms in the commercialize allow you to earn matter to on your idle digital assets in a safe and elastic manner .
We found that the overall best supplier in this market is Aqru – which offers an APY of 7 % and 12 % on Bitcoin/Ethereum and stablecoins, respectively. No lock-up periods are in place and getting started with an interest-bearing report takes just minutes .

Earn Crypto Yields on Aqru now
Cryptoassets are a highly volatile unregulated investment product. 

Frequently Asked Questions on Crypto Yield Farming 

What is crypto yield farming?

The independent concept of crypto give agrarian is that you will be providing funds to a fluidity pool. And in doing so, the liquid pool will pay you a rate of interest. This allows you to benefit from the emergence of the respective cryptocurrency in terms of market prize, alongside an attractive APY .

Is crypto yield farming worth it?

Crypto concede agrarian is well worth considering if you are looking to invest in digital currencies on a long-run footing, as you will earn interest in addition to capital gains – should the respect of the token increase. however, if you wish to take a more risk-averse approach, you might be more befit for the crypto sake accounts offered by Aqru. This is because you can earn 7 % per year on both Bitcoin and Ethereum without needing to lock your digital tokens away .

What is the best crypto yield farming platform?

Considering yields, safety, and user-friendliness, we found that Aqru is the overall best platform for matter to on your digital assets. You ’ ll earn 12 % per year on stablecoins and 7 % on both Bitcoin and Ethereum. All supported accounts are flexible, so you can request a withdrawal at any given time .

How do you earn yield on crypto?

There are generally three main ways to earn a yield on crypto. This includes crypto stake, render farming, and interest accounts. While all three tools allow you to generate interest on idle digital currency investment, metrics surrounding lock-ups, risk, and APYs will vary well .

What is the best crypto for yield farming?

There is no one-size-fits-all answer to this interview – as it all depends on your fiscal goals and tolerance for risk. This is because the more risk that is associated with the crypto being farmed, the higher the APY on offer .

Is crypto yield farming better than staking?

By depositing funds into a crypto render farming platform, you could have access to double or triple-digit APYs. however, the risks of give farm are higher than staking .

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