Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
DeFinda Logo

Introducing The Definda Score

Email newsletter issued 28 Jul 2022 - Subscribe

Did you know that we test every crypto platform thoroughly before listing them on DeFinda? We use the wallets, try the savings and loan products, do some exchanges and make some withdrawals. All this information is summarised in our detailed platform reviews.

Now to make it even easier to compare platforms, we have added DeFinda Scores to our reviews.

The DeFinda Score shows at a glance how strong each platform is in each of the key aspects that we assess. Each aspect is assessed objectively and impartially, and we provide a detailed report explaining how each score was arrived at. We have paid particular attention to risk management and withdrawals, two key issues over the recent months.

Each platform has its own unique strengths and weaknesses. Some platforms have focused on excellent savings rates, but a small selection of cryptos. Others have focused on supporting as many cryptos as possible but offer less competitive rates. Our side by side comparisons show at a glance where these strengths and weaknesses lie.

You can do your own side by side comparisons of any platform just by ticking the compare box on the platforms page:

AQRU Ten

AQRU continues to launch new products at a pace. This week they have launched AQRU Ten, which is effectively a fund of the top ten cryptocurrencies, excluding stablecoins. By making a single investment you can gain exposure to a balanced portfolio of the top ten cryptocurrencies. 

AQRU claim that exposure to a balanced portfolio has outperformed holding Bitcoin alone.

The portfolio is balanced according to the marketcap of the top coins. Each week the portfolio is rebalanced on this basis. This means bitcoin will be your biggest holding, with ethereum second, and these two coins will make up the bulk of your investment. You will then have a small investment in the other top ten coins such as Solana and Cardano.

The product has a simple fee structure. There is a one off charge of 0.35% when you buy into the fund and another 0.35% fee when you sell the fund. There are no other fees associated with the product.

YouHodler Dual

YouHodler has also launched an interesting high-yield product this week. YouHodler Dual is an ultra short-term high yield investment product that allows you to take a position on a currency pair, with a guaranteed return irrespective of whether the pair increases or decreases in price.

The term of the investment is very short, ranging from just 12 hours to 2 days. The yield offered is very high, with some currency pairs offering yields of over 300% APR. The yield is stated on an annualised basis, so the actual yield that you earn for a one-day position will only be a fraction of this. Nonetheless, the yield being offered is substantial.

You are guaranteed to receive the yield irrespective of whether the price of the currency pair goes up or down. However, the currency you are paid out in varies depending on the price movement.

Let's say you take a position on the BTC/USDT pair. If the price of BTC measured in USDT goes up during the term then you will receive your payout in USDT. If the price goes down then you will receive your payout in BTC. Either way, you will receive the stated APR.

YouHodler Dual is an interesting product and offers substantial returns. However if you want to be sure that your investment currency (say BTC) is not converted into a different currency (say USDT) at the end of the term then this might not be the right product for you.

Finally, the market seems to be holding steady this week and maybe even showing some slight optimism. The FED is hinting that there aren't too many more rate rises to come, and contagion from the various crypto crises earlier this year is hopefully coming to an end.

We welcome any feedback, so please just email us at info@definda.com if you'd like to get in touch.

Matt & the DeFinda team

Best Instant Access Bitcoin Savings Rates

This week's best instant access Bitcoin savings rates. The table shows the maximum deposit that the rate is available for. Deposits above these levels will typically attract lower rates.
5.25% APY Up To 0.1 BTC Go
 5.2% APY Unlimited Go
   5% APY Up To 0.01 BTC Go
   4% APY Up To 1.28 BTC Go
   4% APR Unlimited Go
   3% APY Up To 0.1 BTC Go
   3% APR Up To 5.119 BTC Go
 1.6% APR Up To 1.536 BTC Go
 1.5% APR Unlimited Go
   1% APY Unlimited Go
0.25% APR Unlimited Go
0.00175% APY Unlimited Go
View All Bitcoin Savings Rates

Highest Altcoin Yields

This week's highest yielding altcoins. These are highest yields we could find across all our listed crypto platforms.
30% APR Go
30% APY Go
23% APR Go
20.8% APY Go
20% APR Go
19.8% APY Go
18% APR Go
16.8% APY Go
16% APR Go
15% APY Go
Note: Whilst some coins offer high yield it is important to consider the price trend of the coin and its fundamentals. Yield income could be offset by a drop in the value of the coin.
View All Coin Savings Rates

Cheapest Crypto Loan Rates

This week's cheapest loan rates from the thousands of crypto loan products that we track. Use our loan calculator to fully explore available loan, collateral, LTV and term options. We have included just one example loan from AAVE, but AAVE offers many other highly competitive loan rates.
LTV Collateral Accepted Rate
50% 0.00166% APY Go
20% 4.5% APR Go
20% 4.5% APR Go
35% 5.5% APR Go
50% 6.5% APR Go
70% 7.5% APR Go
35% 7.9% APR Go
50% 7.9% APR Go
50% 9.75% APR Go
50% 12% APR Go
View All Loans

Latest From the DeFinda Blog

What is leverage and what are its risks? logo
Traders use borrowed money which is called leverage trading. Leverage trading allows traders to...
What is KYC? Platforms without KYC logo
Know Your Customer (KYC) process is a part of Anti-Money Laundering rules. To prevent illegal...
How to Follow Venture Capital Crypto Investments logo
A growing number of venture capital (VC) funds are emerging that focus heavily or purely on the...
Crypto adoption in Turkey logo
Turkey's number of crypto users was eleven folded last year and still counting. Inflation is...

Latest Crypto Deals

When you deposit $100,000
Enter promo code: 72e271d6
Get $100 free in USDC when you deposit $2,000
Enter promo code: 9S39TN
When you deposit $11,000
Enter promo code: HPYBDY
When you deposit $1,000 or more in CRO
Enter promo code: ugmfpp539h
When you take out a loan
When you deposit $100 or more in assets on the platform
When you buy or sell more than $100
When you buy or sell £100 in crypto
Enter promo code: 49TMGG
When you take out a Binance card
Earn 10% of all commission fees paid by friends that you refer to Bittrex
Enter promo code: ZEJ-GI4-2VS
View All Deals

Biggest 7 Day Crypto Price Movements

The biggest price increases and decreases this week across the top 100 cryptos. Change in price over the last 7 days shown.
Gainers Losers
Reserve Rights logo RSR 57.2% Lido DAO logo LDO -10%
Quant logo QNT 36.1% ApeCoin logo APE -7.1%
Uniswap logo UNI 24.2% Ravencoin logo RVN -5.8%
Maker logo MKR 23.8% UNUS SED LEO logo LEO -4.7%
Helium logo HNT 19.6% Celsius logo CEL -3.8%
Chainlink logo LINK 18.4% Cosmos logo ATOM -2.2%
IOTA logo MIOTA 17.5% EOS logo EOS -2.1%
PancakeSwap logo CAKE 15.7% Terra Classic logo LUNC -1.4%
XRP logo XRP 15% Klaytn logo KLAY -1.4%
STEPN logo GMT 13.6% Toncoin logo TON -1.3%

Biggest 7 Day Movements Against BTC

The biggest 7 day price increases and decreases of the top 100 altcoins against bitcoin. This shows whether an altcoin has done better or worse than bitcoin over the last 7 days.
Gainers Losers
Quant logo QNT 30.2% Stellar logo XLM -11.7%
Reserve Rights logo RSR 26.3% Cosmos logo ATOM -10.8%
Helium logo HNT 13.8% Chiliz logo CHZ -10.6%
Uniswap logo UNI 13.7% Lido DAO logo LDO -10.2%
Maker logo MKR 12.7% Ravencoin logo RVN -10.2%
Chainlink logo LINK 10.5% Celsius logo CEL -10.1%
PancakeSwap logo CAKE 9.6% ApeCoin logo APE -9.5%
IOTA logo MIOTA 8% Klaytn logo KLAY -8.2%
eCash logo XEC 7.4% NEAR Protocol logo NEAR -7.7%
Filecoin logo FIL 6.3% EOS logo EOS -7.2%
View All Coins
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

tick We Never Sell Your Data

We never sell or disclose your data to anyone.

© DeFinda 2022