Skip to content

DefiLlama/yield-server

Repository files navigation

DefiLlama APY Server

How to list a new protocol

  1. Make sure you are listed on defillama's TVL page (see https://github.com/DefiLlama/DefiLlama-Adapters)
  2. Fork this repository
  3. Create a new folder within src/adaptors/ with your protocol name (use your project slug from https://api.llama.fi/protocols)
  4. Write an adaptor for your protocol (tutorial below)
  5. cd src/adaptors and run npm i
  6. Test your adaptor by running npm run test --adapter=YOUR_ADAPTER
  7. Submit a PR

Data sources

The data must be fetched from on-chain calls or from subgraphs. Centralised api calls are only accepted if there is no other way of obtaining that data (eg off-chain gauge weights).

APY Methodology

Our goal is to display minimum attainable yield values for all listed projects:

  • Omit any pre-mined rewards
  • Use unboosted (lower bound) apy values
  • If rewards are slashed when exiting a pool early, then set the apy value to that lower bound.
  • Omit any yield which requires an additional token aside from the LP token (eg veCRV to boost reward yields)
  • Omit any locked rewards
  • Fee based APY values should be calculated over a 24h window

Adaptors

An adaptor is just a javascript (or typescript) file that exports an async function that returns an array of objects that represent pools of a protocol. The pools follow the following schema (all values are just examples):

interface Pool {
  pool: string;
  chain: string;
  project: string;
  symbol: string;
  tvlUsd: number; // for lending protocols: tvlUsd = totalSupplyUsd - totalBorrowUsd
  apyBase?: number;
  apyReward?: number;
  rewardTokens?: Array<string>;
  underlyingTokens?: Array<string>;
  poolMeta?: string;
  url?: string;
  // optional lending protocol specific fields:
  apyBaseBorrow?: number;
  apyRewardBorrow?: number;
  totalSupplyUsd?: number;
  totalBorrowUsd?: number;
  ltv?: number; // btw [0, 1]
}
{
    pool: "0x3ed3b47dd13ec9a98b44e6204a523e766b225811-ethereum", // unique identifier for the pool in the form of: `${ReceivedTokenAddress}-${chain}`.toLowerCase()
    chain: "Ethereum", // chain where the pool is (needs to match the `name` field in here https://api.llama.fi/chains)
    project: 'aave', // protocol (using the slug again)
    symbol: "USDT", // symbol of the tokens in pool, can be a single symbol if pool is single-sided or multiple symbols (eg: USDT-ETH) if it's an LP
    tvlUsd: 1000.1, // number representing current USD TVL in pool
    apyBase: 0.5, // APY from pool fees/supplying in %
    apyReward: 0.7, // APY from pool LM rewards in %
    rewardTokens: ['0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9'], // Array of reward token addresses (you can omit this field if a pool doesn't have rewards)
    underlyingTokens: ['0xdAC17F958D2ee523a2206206994597C13D831ec7'], // Array of underlying token addresses from a pool, eg here USDT address on ethereum
    poolMeta: "V3 market", // A string value which can stand for any specific details of a pool position, market, fee tier, lock duration, specific strategy etc
  };
A note on how to set apy related fields:

- if a pool's apy only consists of a base component, provide `apyBase` and omit `apyReward` (or set to null) [and vice versa]
- if a pool's apy consists of both, provide both fields
- if you are unsure/your data source doesn't contain a detailed breakdown, then provide an `apy` field indicating the total apy and omit the `apyBase` and `apyReward` fields (or set to null)

FAQ

Why are some pools missing on DefiLlama which appear on my adapter?

DefiLlama only displays pools with >10k TVL, so pools with less TVL than that will appear on the adapter but not on defillama

I'm getting errors when running npm install

Just remove the packages pg-promise, pg and pg-native from package.json and then install again, make sure to avoid commiting these changes tho!

Why is X pool missing from https://defillama.com/yields/stablecoins ?

That page has stricter filters than other pages, only pools with >1M TVL and on audited protocols are included there.

Adapter module structure

module.exports = {
  timetravel: false,
  apy: apy, // Main function, returns pools
  url: 'https://example.com/pools', // Link to page with pools (Only required if you do not provide url's for each pool)
};

An example of the most basic adaptor is the following for Anchor on terra:

const utils = require('../utils');

const poolsFunction = async () => {
  const apyData = await utils.getData(
    'https://api.anchorprotocol.com/api/v1/market/ust'
  );
  const dataTvl = await utils.getData(
    'https://api.anchorprotocol.com/api/v1/deposit'
  );

  const ustPool = {
    pool: 'terra1hzh9vpxhsk8253se0vv5jj6etdvxu3nv8z07zu',
    chain: utils.formatChain('terra'),
    project: 'anchor',
    symbol: utils.formatSymbol('UST'),
    tvlUsd: Number(dataTvl.total_ust_deposits) / 1e6,
    apy: apyData.deposit_apy * 100,
  };

  return [ustPool]; // Anchor only has a single pool with APY
};

module.exports = {
  timetravel: false,
  apy: poolsFunction,
  url: 'https://app.anchorprotocol.com/#/earn',
};

You can find examples for a bunch of other protocols in the src/adaptors/ folder, and if you have any questions feel free to ask them on our discord.

About

No description, website, or topics provided.

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published