Asset
VKSM
Best APY
12.17%
Total TVL
$488.8K
Active pools
1
Chains
1
Overview
VKSM is a volatile asset, not a stablecoin, used primarily as collateral in DeFi lending and staking arrangements. Its role as collateral enables users to generate yield through over-collateralized loans or by participating in liquidity pools that require collateralization. This versatility allows VKSM holders to explore various yield strategies beyond simple holding.
One active pool across one chain and protocol offers the best APY of 12.51%. The limited venue count suggests a more concentrated exposure, with no diversification benefits from multi-chain or multi-protocol participation.
Tracked TVL for VKSM sits at $755K. The dominant driver of yield for this asset class is typically lending utilization and staking rewards. The headline risk includes smart-contract vulnerabilities inherent to any DeFi protocol where the asset is deployed, as well as impermanent loss risks associated with liquidity pool participation.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
Tracked TVL history
Where to earn yield on VKSM
| Chain | Best APY | Total TVL |
|---|---|---|
| Kusama | 12.17% | $488.8K |
All pools holding VKSM
| Protocol | Chain | Symbol | TVL | APY |
|---|---|---|---|---|
| Bifrost Liquid Staking | Kusama | VKSM | $488.8K | 12.17% |
FAQ
› Where can I earn yield on VKSM?
VKSM 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 VKSM?
The best advertised APY across pools holding VKSM is 12.17%. Always check the underlying protocol and chain before chasing yield - high APY usually means high risk.
› What's the total tracked TVL for VKSM?
$488.8K is currently sitting in pools that hold VKSM.