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Author: Admin | 2025-04-28
Rewards in a protocol’s tokens, which may be printed out of thin air, users receive a share of protocol revenue in established cryptocurrencies like ETH. By paying out a portion of revenue to users, it pushes the industry to release projects that provide real value to users.DeFi Protocols that Pay Real YieldBelow are three popular DeFi protocols that pay real yield.GMXGMX is a DeFi protocol that enables users to earn yield on their digital assets by providing liquidity to its decentralized exchange (DEX). The GMX DEX is a hybrid exchange combining an AMM's features and a limit order book. GMX users can earn yield by providing liquidity to the exchange through token pairs.Since its launch in 2021, the protocol has quickly established a high level of liquidity and experienced extensive growth in trading volume. GMX's success can be accredited to its unique revenue-sharing model consisting of two native tokens: GMX and GLP. The GLP index estimates GMX DEX's trading potential, while the GMX token is used for voting and staking. As of time of writing, the protocol offers an annual percentage rate (APR) of 4.49% for staking GMX tokens and 10.23% for holding GLP tokens, although these numbers are updated weekly based on the fees collected for the week. Besides, you receive a boosted yield during your vesting period. 70% of the revenue is paid to GLP holders, while GMX stakers get the other 30% paid out in ETH. SynthetixSynthetix is a DeFi protocol that enables users to earn yield by providing liquidity to its decentralized synthetic asset exchange. The protocol allows users to trade synthetic assets, such as synthetic USD and synthetic Bitcoin, without a centralized intermediary.Synthetix succeeded more after revamping its business model to offer real yields to SNX holders. It pays yields of approximately 53%. The yields are generated from emissions-based staking rewards distributed in its native token and sUSD stablecoins accrued from trading fees on the Synthetix exchange. As such, Synthetix can be considered a hybrid DeFi yield offering. DopexDopex is a DeFi protocol that enables users to earn yield by providing liquidity to its decentralized options trading platform. The platform allows users to trade options on various underlying assets, such as ETH and BTC. Dopex provides Single Staking Option Vaults, which work like conventional crypto staking. The SSOVs let users lock up their assets for a certain time period when they supply option liquidity to
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