Supply APY
Supply APY is the estimated yearly return paid to lenders who supply assets to a lending market.
Category
DeFi Yield Mechanics
These concepts help explain why DeFi yields move without making any price predictions.
How to recognize this theme
Terms that describe how on-chain lending and yield are priced.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Utilization Rate
Utilization rate is the fraction of supplied liquidity that is currently borrowed, often driving interest-rate changes in DeFi pools.
Interest Rate Model
An interest rate model is a set of rules (often a curve) that maps utilization to borrow and supply rates in a lending protocol.
Yield Aggregator
A yield aggregator is a protocol or strategy wrapper that routes capital across opportunities to optimize yield under its stated rules and risks.