Best Yield Farming Crypto Platforms in 2025

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Ilija Rankovic

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April 15, 2025

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Yield farming offers a way for investors to generate passive income on idle crypto tokens. In most cases, the tokens will be sent to a decentralized exchange to provide traders with sufficient liquidity.

Afterwards, those lending the tokens will earn a share of any trading fees collected by the exchange. This comparison guide ranks and reviews the best yield farming crypto platforms for safety, yields, supported pairs, user-friendliness, and more.

Reviewing the Biggest Yield Farming Crypto Platforms

The process of selecting the best yield farming crypto platform requires investors to explore a range of factors.

In addition to the safety and reputation of the platform, other important metrics include available yields, supported coins, and the frequency of reward distribution.

Below, we rank and review the providers from the above yield farming crypto list.

1. OKX – Best Crypto Yield Farming Platform Overall

Our top pick for the best yield farming crypto platform is OKX – namely, its DeFi yield farming branch.OKX is a low-cost spot that offers an entire crypto ecosystem – perfect for people who want to do everything in one place. It includes staking, interest accounts, and a fully-fledged DeFi yield farming department.

OKX DeFioffers various yield farming pairs from 31 blockchains, including Ethereum, Bitcoin, Sui, Base, and more. OKX offers stablecoin yields of up to 30%, with the current best being USDC/USDT at 28.54%.OKX aggregates various DeFi protocols and leverages multiple sources so that users minimize the number of platforms they are using.

The platform is very easy to use, enabling users to search for their preferred token, and filter by network, cryptocurrency type, or the incentive structure behind the investment. In addition to yield farming, investors might also consider the staking feature at OKX. OKX supports dozens of coins to stake across both flexible and fixed terms. Yields will vary depending on the chosen coin and term. Supported coins that carry a smaller market capitalization will typically generate a much higher yield.

Visit OKX

2. Binance – Good All-Around Choice for Centralized Yield Farming

In a similar nature to OKX, Binance is primarily known for its crypto exchange platform. Binance is the largest exchange in the world by volume, offering access to more than 1600 markets and 800 coins and tokens – which includes a wide selection of the best meme coins to buy.

In addition to its exchange platform, Binance also enables investors to earn passive income. While this doesn’t come in the form of DeFi yield farming, Binance offers Ethereum staking, as well as its principal-protected or high-yield interest accounts on dozens of coins.

The longer the term, the higher the annual percentage yield. Moreover, to maximize the yields on offer, On stablecoins, the best yield offered by Crypto.com is 5.8%. On standard crypto assets, the highest non-dual-investment yield is 25%. There is also a Binance pre-paid debit card, which can be used online, in-store, and at ATMs.

Visit Binance

3. KuCoin – Great Option for Altcoin Investors and Experienced Traders

KuCoin is one of the most popular crypto exchanges globally. This platform services over 30 million users worldwide, supporting over 800 cryptocurrencies – most of which can be purchased instantly with a Visa or MasterCard. With that said, KuCoin is somewhat user-unfriendly, catering to more experienced investors.

While KuCoin does not offer DeFi yield farming services, it does support farming yields through staking, as well as through its Earn investment products. This includes daily-compounded savings accounts, staking, and 12 more investment products that cater to all risk appetites.

KuCoin is best-suited for those seeking to put their altcoin investments to use or for those looking for complex investment products.

Visit KuCoin

4. CoinEx – Unique Take on Centralized Yield Farming (AMM & Liquidity Provision)

CoinEx is another (though smaller than Binance or KuCoin) global crypto exchange offering a variety of earn products. However, in this case, the offer of products is a bit different.

Apart from the usual saving, staking, and lending options, users are also allowed to provide liquidity to the exchange’s markets – similar to the liquidity provision process on a DEX. CoinEx offers very solid annual percentage yields on its products, including 6.6499% on USDT savings, 1.98% on ETH staking, and 0.05% daily interest on USDT lending. Also, its AMM service has APYs of several hundreds, if not thousands, of percent APY, depending on the liquidity pair.

When taking a look at the average yield farming rewards, the average APY comes out to 25.82%, with the platform supporting 1,142 AMM markets.

Visit CoinEx

5. MEXC – Solid Alternative to Binance and KuCoin

Those seeking an alternative to traditional yield farming platforms this year may wish to consider MEXC. MEXC is another top 10 crypto exchange that offers different interest-bearing products that could surpass regular yield farming. These include savings accounts, crypto lending, as well as MX DeFi, which offers solid yields on BTC, ETH, USDT, and USDC.

As highlighted in our MEXC review, this platform offers a variety of earn options – all you need to do is fund your accounts with cryptos and participate in these earning opportunities with minimal barriers to entry.

The platform offers a variety of payment options, including their own card. In general, MEXC is a solid alternative to Binance and KuCoin, especially if you already use the platform. However, the aforementioned two platforms are superior in terms of what they offer – both in terms of yields and options.

Visit MEXC

6. Uniswap – Multi-Chain DEX to Earn Yields on ETH-Based Tokens

Uniswap is a decentralized exchange that is built on top of the Ethereum blockchain. By using Uniswap to trade, there is no requirement to go through a third party. Moreover, Uniswap users simply need to connect their wallet to the exchange – meaning no account registrations, personal information, or KYC documents.

As such, Uniswap is the best yield farming crypto platform for those looking to earn passive income in an anonymous manner. Uniswap specializes in Ethereum-based yield farming pairs. Some of the most popular liquidity pools on Uniswap include DAI/USD, USDC/ETH, and WBTC/ETH.

Uniswap supports 11 blockchains, including Ethereum and its Layer 2’s, but also those similar to Ethereum like BNB Chain.Yields will vary widely depending on the chosen liquidity pool as the platform supports hundreds of pools. Nonetheless, as yield farming on Uniswap is decentralized, the exchange does not have access to the tokens. On the contrary, the Uniswap ecosystem is facilitated by Ethereum-backed smart contracts.

7. PancakeSwap – Popular Yield Farming Platform for BNB-Based Tokens (Over 20% APY)

While Uniswap dominates the decentralized exchange space for tokens operating on the Ethereum blockchain, PancakeSwap specializes in coins that follow the Binance Smart Chain (BSc) standard. In fact, PancakeSwap often hosts the fastest-growing cryptocurrencies in the market – with examples including Battle Infinity and Lucky Block.

Just like Uniswap, PancakewSwap offers a fully-fledged yield farming ecosystem that operates in a decentralized manner. This provider is, perhaps, the best yield farming crypto platform for high yields. For example, yield farming pools on USDT/BNB and USDC/BNB are offering a boosted estimated APR of nearly over 100%.

Even solid pairs like BTCB/USDT offer up to 36% boosted and just over 8% without a boost, which is competitive. To access yield farming pools on PancakeSwap, users simply need to connect a compatible wallet – such as MetaMask or Trust Wallet. PancakeSwap has several interesting earning mechanisms in addition to yield farming, like different play-to-earn games, liquid staking, and more.

8. SUN – Tron’s Leading Yield Farming DEX, up to 36% APY on Leading Liquidity Pairs

SUN is the leading decentralized exchange (DEX) and yield farming platform specifically designed for the Tron blockchain. It stands out for its dedicated focus on the Tron ecosystem, providing users with a robust platform to earn rewards through yield farming. SUN is our top pick for the Tron blockchain due to its seamless integration and compatibility with Tron-based tokens.

SUN offers high yields for its users, with opportunities to invest in flexible or fixed yield farming contracts and earn up to 36% on major liquidity pairs. This includes liquidity pairs like SUN/USDT with up to 19% APY, or BTT/USDT with just over 10% APY. This attractive yield potential makes SUN a popular choice for those looking to maximize their returns on the Tron network.

One of the reasons we picked SUN as our 4th overall top pick is its ease of use. The platform has built-in swapping, staking, and liquidity mining systems – all in one place. SUN currently has a Total Value Locked (TVL) of $534.83 million, reflecting its strong position and trust within the Tron community.

9. Raydium – Solana-Based DEX With Over 100% APYs and Deep Liquidity

With Solana being one of the hottest blockchains at the moment, it goes without saying that our 5th pick had to be related to it. Raydium is a leading DEX and yield farming platform stationed on the Solana blockchain. It stands out for its high-speed transactions and low fees, leveraging the Solana network’s capabilities. Raydium is our top pick for the Solana blockchain due to its efficient performance and deep liquidity for Solana-based tokens.

Raydium offers extremely high APYs, with opportunities to earn over 100% on various liquidity pairs. Two of the highest liquidity pairs are SOL/DJT and SOL/mSOL, with their respective APYs of 9.22% and 1.11%. However, users can yield farm pairs like SOL/USDC and earn an APY of 80.30%.

One thing to mention is the explosion of the Solana ecosystem in 2024, with Raydium’s TVL jumping from under $100 million to just over $1 billion in a span of less than one year. The platform currently has a Total Value Locked (TVL) of $1.019 billion, showcasing its strong presence and trust within the Solana community.

10. Cetus – Best DEX for Yield Farming on Sui Blockchain

Cetus Protocol is another one of our top picks – this time for the Sui blockchain. Backed by a rapidly growing blockchain ecosystem, Cetus has increased its TVL from a mere $9 million to over $150 million.

The platform hosts an astonishing 83 yield farming pairs, with an average APY of 12.85%. However, yield farmers can expect larger APYs from pairs like USDC/SUI with 140% or stablecoin pairs like USDT/USDC with 13.41%. It also supports 3 farm pairs, namely haSUI/SUI, vSUI/SUI, and afSUI/SUI with APYs of 15.31%, 13.68%, and 15.32%, respectively.

Cetus supports different versions of yield farming, including farms, vaults, and pools, but also enables its users to swap crypto directly on the platform.

What is Crypto Yield Farming?

In a nutshell, crypto yield farming is a decentralized finance product that enables investors to earn passive income on idle tokens. In most cases, investors will lend tokens to a decentralized exchange, which enables the provider to offer liquidity pools to traders.

This means that traders can utilize the decentralized exchange to swap tokens without needing to open an account or upload any KYC documents. Those lending tokens to the exchange will have the opportunity to earn interest.

However, unlike crypto staking, yield farming deals in trading pairs. This means that the investor will need to have access to an equal quantity of tokens for the pair they wish to provide liquidity for. This is based on the monetary value at the time of the transaction, not the number of tokens.

For example, let’s say the investor wishes to provide liquidity for the BNB/BUSD pair – which consists of BNB and Binance USD.

We’ll say that BNB is trading at $300.

As a result, if the investor wishes to provide 3 BNB ($900) to the yield farming pool, they also need 900 BUSD tokens ($900).

We offer a more detailed explanation of how yield farming works shortly.

How Does Crypto Yield Farming Work?

In this section of our beginner’s guide, we cover the fundamentals of yield farming in much more detail.

Liquidity Pools

Decentralized exchanges require sufficient levels of liquidity to offer a functional trading ecosystem. Rather than using centralized order books, decentralized exchanges utilize an automated marker maker (AMM) model.

In simple terms, this enables traders to swap one crypto token for another without needing to have a seller at the other end of the trade. The tokens are subsequently swapped within the respective liquidity pool via smart contract agreements.

Trading Pairs

Yield farming requires investors to provide liquidity for a trading pair – meaning two different tokens are required.

As noted above, the investment must be on the basis of an equal amount of both crypto assets, in monetary terms not the number of tokens.

This will be determined at the time of the deposit based on current exchange rates.

Although this might sound cumbersome, many of the yield farming platforms discussed today also offer exchange services. This means that investors can swap the tokens they require for their desired yield farming pool.

Yields

One of the key issues with yield farming is that it is impossible to know what yields the chosen liquidity pool will generate. The reason for this is that it depends on the broader market conditions of the two tokens that represent the pair.

This is why yield farming is considered riskier than staking from an investment perspective. After all, many staking pools offer a fixed rate of interest, so returns are predictable.

Smart Contracts

Yield farming pools are often hosted by decentralized exchanges.

This means that after connecting a wallet to the exchange and confirming the yield farming agreement, the transaction is then handled by a smart contract.

This is beneficial to the investor, as it means that the chosen yield farming platform does not have access to the tokens.

Once the investor decides that they wish to pull their crypto out of the liquidity pool, the smart contract will automatically transfer the tokens back to the connected wallet.

Is Yield Farming Crypto Worth it?

In most cases, yield farming crypto platforms are more suitable for investors with a higher risk appetite.

Not only is this because of the unpredictable nature of yields, but there is also the risk of impairment loss.

This means that the APY being offered on the yield farming pool is less favorable than had the investor simply left the tokens in a private wallet.

With that said, yield farming has been known to generate some highly favorable returns that far outweigh what is available when opting for staking or a crypto interest account.

Investors will, however, be required to take on additional risk to target the high returns on offer.

What Cryptocurrencies Can You Yield Farm?

In theory, there is no limit to the number of cryptocurrencies that can be used when engaging in yield farming. After all, decentralized exchanges enable users to set up their own liquidity pool of any trading pair – as long as the underlying network supports it.

Nonetheless, in this section, we discuss five cryptocurrencies that are popular with yield farming platforms.

OKB Token

OKB is the native crypto asset of the OKX exchange. As of writing, this digital currency carries a market capitalization of just under $1 billion.

OKB is best staked on the OKX exchange, with the platform offering a yield of 1% on flexible withdrawals. Fixed-income accounts come with a higher interest rate of up to 2%.

Visit OKX

Tether

If the primary focus is on earning interest, then Tether is worth considering. The reason for this is that Tether is pegged to the US dollar.

As such, barring an unlikely de-pegging, Tether enables investors to earn income without the volatility typically associated with crypto assets.

On the OKX exchange, Tether can be deposited into a savings account at a yield of 10%.

Bitcoin

Bitcoin is trading just 6% below its prior all-time high of over $68,000. With that said, it is also possible to earn interest on Bitcoin via an OKX savings account. As of writing, this is yielding an attractive APY of 5%.

SUSHI/ETH

Those looking to engage specifically in yield farming might consider the trading pair SUSHI/ETH. By farming this pair on the OKX exchange, investors can earn an estimated yield of 5.70%.

This is offered on a flexible term, so withdrawals can be made at any time.

Is Crypto Yield Farming Taxed?

In many jurisdictions, the likes of yield farming, staking, and interest accounts are taxed in the same way as income.

This means that the proceeds (e.g. interest payments) will count towards the investor’s annualized income, in addition to a salary.

Moreover, the value of the proceeds is often based on the price of the tokens on the date they are received.

Naturally, this can make the accounting process complex, considering that the best yield farming crypto platforms make distributions weekly.

However, no two jurisdictions are the same when it comes to taxation on crypto in general. As such investors should consult with a tax specialist in their country of residence.

Is Crypto Yield Farming Safe?

All investment products within the crypto space carry an inherent level of risk. In the case of yield farming crypto, there are several core risks to take into account.

At the forefront of this is the implication of impairment loss. As noted earlier, this will occur when there is a valuation imbalance in the respective liquidity pool.

In turn, the investor would have made more favorable gains had they kept the tokens in a private wallet, as opposed to a yield farming pool.

Investors should also consider the risk associated with the chosen platform.

For instance, if there is a bug in the smart contract that backs the platform and this is exploited by a hacker, then the tokens held in the yield farming pool could be stolen.

Investors should also consider the volatility risk. After all, if the value of both tokens being held in the liquidity pool declines, then this will result in a financial loss.

Conclusion

This beginner’s guide has reviewed the best yield farming crypto platforms in the market right now.

We have also explored the benefits and risks of yield farming, in addition to any tax implications that should be considered.

One of the top platforms we have reviewed in this guide is OKX. This is a multi-purpose exchange, offering multiple centralized and decentralized yield farming opportunities, with solid APYs and a great user interface.

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