BTCFi remains stable on the surface, but the opportunity set keeps narrowing. This week was mostly about holding existing positions rather than rotating. APRs moved slightly lower, BTC price weakened, and the cleaner setups still look better than chasing marginally higher yield elsewhere. Report | June 20 — June 27 | BTC Farming Current portfolio performance: • Net yield earned: +2.13% (+0.03%) • Annualized: ~3.53% APR (-0.10%) 📍 @Starknet BTC Staking Deposited — 0.05 BTC APR — 2.25% (-0.63%) No changes. Still keeping this as the main BTC staking position. 📍 @vesuxyz Prime Lending Rewards from BTC staking remain deployed into Vesu. APR — 2.38% (+0.04%) Effective APR on this part of the portfolio is now around 2.97% (-0.04%). The rate moved slightly, but the logic stays the same: keep rewards productive instead of leaving them idle. 📍 Hyperithm Delta Neutral cbBTC Vault (Morpho) Deposited — 0.025 BTC APR — 4.00% (-0.24%) Still holding. I don’t see a strong reason to move this allocation elsewhere right now. 📍 @lagoon_finance Flagship cbBTC Vault Deposited — 0.025 BTC APR — 4.04% No changes. Still one of the more balanced vault positions in the portfolio. Overall, the setup remains steady and predictable week to week. Despite some softening in BTC price and yields, the current allocations continue to perform as expected. The environment is less about chasing aggressive returns and more about maintaining consistency and capital efficiency. There are still opportunities to explore, including higher-yield strategies like looping, but they come with additional complexity and risk. For now, the current structure offers a good balance between yield and manageability. I’m also keeping an eye on Citrea and @ZentraFinance While liquidity dynamics there require attention, the ecosystem still presents selective opportunities worth monitoring. Current approach: Keep BTC productive. Stay in understandable vaults. Avoid unnecessary rotations. Act when opportunities clearly justify it. Overall, the portfolio remains well-positioned, with flexibility to adapt as new opportunities emerge.
