Asset
ALGO
Best APY
2.10%
Total TVL
$3.13M
Active pools
1
Chains
1
Overview
ALGO is a non-stablecoin asset commonly used as collateral in DeFi lending and staking protocols. As collateral, it enables users to generate yield through borrowing or participating in liquidity pools that leverage its value. This role supports a range of strategies including lending and LP farming.
One active pool across one chain and protocol offers the best APY of 2.22%. The limited venue availability restricts diversification options for ALGO holders, focusing their exposure to this single yield source.
Tracked TVL for ALGO sits at $3.6M. The primary driver of APY in this context is lending utilization rates and staking rewards. The headline risk includes smart-contract vulnerabilities inherent to DeFi platforms.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
Tracked TVL history
Where to earn yield on ALGO
| Chain | Best APY | Total TVL |
|---|---|---|
| Algorand | 2.10% | $3.13M |
All pools holding ALGO
| Protocol | Chain | Symbol | TVL | APY |
|---|---|---|---|---|
| Folks Finance Lending | Algorand | ALGO | $3.13M | 2.10% |
FAQ
› Where can I earn yield on ALGO?
ALGO is supported by 1 protocols across 1 chains, with 1 active pools tracked. The list above is sorted by TVL.
› What's the highest APY for ALGO?
The best advertised APY across pools holding ALGO is 2.10%. Always check the underlying protocol and chain before chasing yield - high APY usually means high risk.
› What's the total tracked TVL for ALGO?
$3.13M is currently sitting in pools that hold ALGO.