The crypto market is always moving dynamically. There are days when prices rise sharply, and there are also times when a correction happens. In my opinion, the most important thing isn’t chasing instant gains, but understanding every project before deciding to invest. I keep learning about fundamentals, tokenomics, roadmaps, and community developments so that every decision has a clear basis. I also believe that risk management matters far more than simply chasing profit. With a disciplined and consistent strategy, long-term opportunities can be better. What do you think about the market conditions right now? Are you focusing on doing DCA, daily trading, staking, or are you instead waiting for momentum to buy? Come on, share your opinions and analysis in the comments so we can learn from each other and grow together as a crypto community.

Recently, some friends have asked me whether, on Berachain, besides holding BERA and staking it, there are products with clearer yield sources that don’t rely on token-inflation subsidies.
I’ve put together four on-chain, relatively representative options right now, covering DeFi lending, neutral strategies, and two kinds of RWA. Their underlying earnings mainly come from lending interest, trading fees, or cash flows from real-world businesses—not simply project-token subsidies to keep things running. As for which one is more suitable, it mainly depends on your capital cycle and risk tolerance.
First up: Bend Clearstar HONEY Vault.
It’s essentially an on-chain lending pool. Borrowers use interest-bearing stablecoins like savUSD and sUSN as collateral to borrow HONEY and amplify their returns. Depositors put HONEY into the vault and earn lending interest. Currently, the approximate annualized yield fluctuates around 10%. The higher the utilization rate of funds, the more lending rates typically rise.
This product is more suitable for people who have high liquidity requirements: there is no minimum deposit threshold and no fixed lock-up period, so you can deposit and withdraw at any time. The underlying setup uses an audited Morpho branch and controls risks between different collateral types through market isolation.
Need to note: it’s not risk-free. If the collateral asset price drops quickly, the oracle malfunctions, or the liquidation mechanism fails, depositors can still be affected. It’s just that compared with directly holding the collateral asset, the risk path is somewhat easier to understand.
Second is EVERLONG, which currently has two types of vaults: one for stablecoins and one for BTC, using a CDP plus AMM strategy.
The target annualized yield for the stablecoin vault is about 8%—12%. After users deposit HONEY, the funds connect to the Peg stability module and provide liquidity to the native DEX. The yield mainly comes from AMM trading fees and CDP interest.
The vault has a minimum deposit of $50k per transaction, an overall cap of $5 million, and no fixed lock-up period—it’s more geared toward larger capital.
The target annualized yield for the BTC vault is about 4%—5%. Users deposit BTC on one side, and the vault uses a Delta-neutral strategy to capture trading fees. It doesn’t require directly selling BTC, and it also doesn’t leave you exposed to a single-sided price direction for the long term.
By the product’s strategy design, it doesn’t rely on taking short positions and has no continuous funding-fee loss—more like adding an extra layer of fee income on top of holding BTC.
Both vaults are built on Beraborrow. Their cumulative processed volume exceeds $500 million. Historically, there hasn’t been bad debt, and they’ve completed audits with multiple institutions.
However, a neutral strategy doesn’t mean there’s no risk. Contract vulnerabilities, changes in liquidity, hedging deviations, and extreme market conditions can all impact actual returns.
Third is LiquidRoyalty’s senior tranche vault. It’s an ecommerce-revenue RWA product with a target annualized yield of about 11%—13%.
Its logic isn’t complicated: tokenize real ecommerce business revenue for on-chain allocation. The senior tranche gets redeemed first; if losses occur, the secondary capital tranche takes the hit first.
Users can participate by depositing USDe, with no fixed lock-up period, but a seven-day cooling-off period is set.
The vault’s disclosed overcollateralization ratio is 321%. The underwriter, Qupital, has cumulatively lent more than $3 billion in the Asia-Pacific region, and its historical default rate is about 0.1%.
The advantage of this kind of product is that the correlation between its yield and crypto market conditions is relatively lower. But the risk shifts from on-chain volatility to off-chain assets, including the quality of ecommerce receivables, underwriting capacity, legal enforcement, and capital recovery efficiency.
Finally is SukukFi’s Phase 1 PrimeTel vault. Among the four products, it has the highest target return: net annualized yield is 16.8%, and gross yield is about 21%.
It does accounts-receivable financing. The participation threshold is relatively higher: you need to deposit at least $1,000 worth of HONEY. The lock-up period is 30 days, withdrawals take 45 days, and the vault’s total size cap is $3 million.
For risk control: the receivables have been legally assigned and are subject to claims under English law. Behind the debtors is a credit fund with a scale of about €4 billion. The underlying CommTrade platform has a cumulative processed business volume exceeding $3.2 billion.
These products offer higher returns, but they also lock up capital for longer. The underlying structure is more complex than a typical DeFi vault. In addition to smart contract risk, you also need to consider debtor credit risk, invoice authenticity, legal recourse, and cross-border enforcement.
If you need high capital flexibility, look at Bend. If you hold BTC, don’t want to sell, but want additional yield, consider EVERLONG’s BTC vault. If you want an RWA with lower correlation to crypto market conditions, consider LiquidRoyalty. If you can accept a longer capital cycle and are willing to take on more complex credit risk, then consider SukukFi.
Higher yield usually means longer fund duration, more complex structure, or risks that are harder to observe directly. These annualized figures are all floating target yields, not principal-protected or fixed-interest products. DeFi has smart-contract, oracle, and liquidation risks; RWA also has risks related to underlying assets, underwriters, and legal enforcement. #Bera