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What are Defi interest rates?

DeFi interest rates are offered by decentralized finance protocols on cryptocurrencies. This enables investors to earn passive income on their crypto holdings. Typically, DeFi interest rates far outpace that of traditional savings accounts. DeFi interest rates refer to the annual percentage yield (APY) available to crypto investors.

What is a Defi interest account?

DeFi interest accounts enable investors to earn attractive returns on their cryptocurrency holdings. Crucially, DeFi interest rates are typically higher than those of traditional savings accounts. In this guide, we evaluate which platforms currently offer the best DeFi interest rates.

How do I get the best Defi interest rates?

Another way to earn the best DeFi interest rates is via lending. In this case, investors deposit their crypto assets into a DeFi platform, which then lends those assets out to borrowers at a predetermined interest rate.

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