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High-Yield DeFi Strategies on Sui: Leveraging Ember Protocol and Bluefin for Up to 20% APY

High-Yield DeFi Strategies on Sui: Leveraging Ember Protocol and Bluefin for Up to 20% APY

In the fast-evolving world of DeFi on the Sui blockchain, yields can shift quickly, offering savvy users opportunities to maximize returns. A recent thread from analyst @jussy_world breaks down some impressive strategies for earning 10-20% on stablecoins, around 15% on Bitcoin, and 12% on SUI itself. If you're into blockchain and looking to boost your portfolio, this guide unpacks how to farm these yields using the new Ember Protocol and Bluefin app. We'll keep it straightforward, explaining key terms along the way.

The thread highlights current yields across different assets on Sui. Stablecoins—cryptocurrencies pegged to stable fiat like the US dollar—are seeing 10-20% annual percentage yield (APY), which is the total return you can expect over a year, including compounding interest. Bitcoin hovers at 15%, and native SUI tokens at 12%. These aren't just passive holds; they involve active strategies to amplify earnings.

Sui yield strategies overview showing APYs for stablecoins, SUI, Bitcoin

Stablecoin Yield Strategy

Starting with stablecoins, @jussy_world points to Ember Protocol, a fresh DeFi platform that offers vaults for automated yield generation. Their cross-chain USD vault delivers a solid 18.24% APY. After fees, you're looking at about 16% net.

Here's how it works: Deposit your stablecoins into the vault, and you receive an eTHIRD token in return. This token appreciates in value over time due to the underlying yield. To supercharge it, head over to Bluefin, a lending platform on Sui. Lend your eTHIRD there and borrow USDC against it at a low 3% interest rate. Then, redeposit that borrowed USDC back into the Ember vault.

This creates a "looping" strategy—increasing your exposure without adding more capital. With 2x leverage (borrowing an amount equal to your deposit), you could net around 25% APY, though risks like liquidation (forced sale if collateral drops) apply. Always monitor market conditions.

Ember Protocol cross-chain USD vault with 18.24% APY Bluefin lending interface for eTHIRD token and USDC borrowing

SUI Token Yield Strategy

For native SUI tokens, Ember's dedicated vault offers 11% APY (about 10% after fees). It automates looping across various Sui DeFi protocols, handling the complexity for you.

Similar to the stablecoin play: Deposit SUI, get a yield-bearing token, supply it to Bluefin, and borrow more SUI at 3% interest. Redeploy the borrowed SUI into the vault. With 2x looping, expect around 17% total yield. This is great for SUI holders wanting to earn without selling, but remember, SUI's price volatility adds risk.

Ember SUI vault yielding 11% APY with looping strategies

Bitcoin Yield Strategy

Earning yield on Bitcoin in DeFi is trickier due to its bridged nature on Sui, but Ember makes it possible with a 14.6% APY vault (12% net). You get an eBTC token upon deposit.

Loop it on Bluefin by supplying eBTC and borrowing xBTC at just 1% interest—Bluefin's rates are competitively low. Redeposit into the vault for compounded gains. At 2x leverage, this could push yields to 20%. It's a smart way to put idle BTC to work, especially in a chain like Sui known for speed and low fees.

Ember Bitcoin vault with 14.6% APY and Bluefin borrowing

The real magic, as @jussy_world notes, is the synergy between Ember and Bluefin. Ember handles yield optimization across protocols, while Bluefin enables safe borrowing to loop positions. This combo not only boosts APY but also gives exposure to trades and automated management. If you're new to Sui DeFi, start small and use tools like wallet trackers to monitor your positions.

For the full details, check out the original thread on X. Yields fluctuate, so verify current rates on the platforms. As always in crypto, do your own research—opportunities like these can enhance your strategy in the meme and broader token ecosystem.

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