BTC/CHAMP Aerodrome

BTC/CHAMP Aerodrome is showing a 24-hour APY of 3.53%, with a 30-day average of 8.57%. Rates are variable and move with trading volume on the BTC/CHAMP pair, the AERO emission schedule, and overall liquidity in the pool. The figures reflect the realised yield over the trailing window; they are not a forward guarantee.

The strategy holds an LP position in the BTC/CHAMP pool on Aerodrome and periodically claims any AERO rewards that accrue. Those rewards are then converted in the proportions needed to add liquidity back into the same pool, increasing the size of the LP position held by the vault and the value of each holder's share. The process repeats automatically; holders are not required to claim, swap, or add liquidity themselves. Autocompounding events run when economically feasible, anywhere from hourly to several days apart, with gas costs socialised across all holders.

There are no withdrawal periods or lockups. If the underlying pool holds enough liquidity to satisfy the request, exits are instant. During periods of low pool liquidity, withdrawal capacity can be limited until liquidity returns. See the risk page for details on how this works.

Yield comes from two sources. First, trading fees on the BTC/CHAMP pool on Aerodrome: every swap between the two assets pays a fee, a share of which accrues to liquidity providers. Second, AERO emissions distributed by Aerodrome to incentivise liquidity in the pool, which the strategy claims and adds back into the position. Both move with conditions: trading fees scale with volume, and emissions scale with the platform's emission schedule.

Over the last 30 days, this vault's APY has ranged from 7.80% to 9.72%, averaging 8.57%, with measured volatility of ±0.62%. The Strategy stability section above shows where this falls on the scale from very volatile to very consistent.

The vault currently holds $2K in TVL across 20 holders. The Historical statistics section above shows how this compares to the vault's 30-day range and lifetime peak.

Like any onchain yield strategy, this vault is exposed to smart contract risk in both the Harvest contracts and the underlying Aerodrome pool, and protocol-specific risks of the assets it holds. Because the position holds both BTC and CHAMP, the value of the position also moves with the relative price of the two assets in the pair: when the two prices diverge, the LP position is worth less than holding the two tokens separately would have been. This is commonly referred to as impermanent loss. AERO rewards partially offset this, but the offset is not guaranteed and depends on emission rates and the magnitude of price divergence. Harvest's core vault infrastructure was audited by Halborn in January 2025. Audits reduce but do not eliminate risk.