What YieldNest does

YieldNest is a Singapore-based, venture-backed DeFi protocol founded in 2023 that operates a non-custodial liquid restaking platform anchored to EigenLayer's shared security model. The core product is a family of MAX Vaults — composable, AI-driven Liquid Restaking Tokens (LRTs) including ynETH, ynETHx, ynBNBx, ynUSDx, ynBTCk, ynRWAx, and ynLSDe — that aggregate multiple yield sources (EigenLayer restaking, liquid staking via Lido/Frax/Origin, and DeFi integrations) into single, dynamically rebalanced tokens with Layer 1 settlement assurances. Underlying infrastructure includes the Guard Validation Engine, HyperNative real-time threat detection, NestAI security optimization, ERC-4626 compliant liquidity buffers, and audits by Zokyo, ChainSecurity, and Composable Security. The protocol is deployed across Ethereum mainnet, BNB Chain, Base, Taiko, Fraxtal, Mantle, Scroll, and Blast.

The platform serves three primary customer segments: retail DeFi users (self-serve via app.yieldnest.finance, stake in under 50 seconds), institutional investors (via Enzyme Finance vault customization and Figment SOC 2 Type 2 compliant infrastructure), and protocols/DAOs/enterprises (via Vault-as-a-Service, which enables RWA issuers, stablecoin issuers, ETH treasuries, and DeFi projects to launch custom yield vaults in approximately 7 days). Monetization occurs at the LRT Strategy level (MAX LRTs are fee-free to holders) plus performance fees and VaaS deployment fees; specific fee schedules are not publicly disclosed. Distribution is product-led for retail and direct-sales-led for institutional and VaaS clients, supplemented by community channels (Discord, Telegram, X, YouTube, Medium) and earned media in CoinDesk, The Block, Cointelegraph, and Forbes. The protocol is governed by the YieldNest DAO, with user engagement driven by the Seeds loyalty program (potential future token airdrop), Pioneer Program (permanent 15% Seeds boost), and ynRWAx referral program (up to 1.5% bonus APY).

The company raised $5.2M in an oversubscribed April 2024 seed/contribution round led by Faculty Group and BACKED, with participation from prominent DeFi founders (Loi Luu/Kyber, Michael Egorov/Curve, Sam Kazemian/Frax) and other ecosystem investors. The team is lean (1–10 employees) with co-founders Amadeo Brands (CEO), Dan Octavian (CTO), and Shawn Fladager (Lead Frontend Engineer). Revenue, TVL, and valuation are not publicly disclosed.

Name

YieldNest

Legal name

YieldNest

Website

https://yieldnest.finance

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

YieldNest is a Singapore-based liquid restaking protocol that aggregates DeFi yield sources into unified MAX Vaults and LRTs, serving retail users, institutional investors via Enzyme/Figment, and protocol/DAO clients through its Vault-as-a-Service framework.

Ownership category

akta.pro rank

Product category

Liquid Restaking Protocol / DeFi Yield Infrastructure

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG)

akta.pro secondary industries

Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK), Liquid Staking Tokens (LST) & Liquid Restaking Tokens (LRT) Issuers (FSADAHAI), Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets) (FSAPAEAH)

Keywords

• Liquid restaking protocol
• DeFi yield optimization
• Liquid restaking tokens
• Restaking infrastructure
• Yield-bearing vaults

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Protocol Fee Revenue: Fees are charged at the LRT Strategy level, ensuring MAX LRTs remain fee-free. Fee receivers and fee basis points are set by REWARDS_ADMIN role in the RewardsDistributor contract.
2. Performance Fees: YieldNest charges performance fees on certain strategies. Audited by Zokyo (February 2025).
3. VaaS (Vault-as-a-Service) Fees: External issuers utilizing VaaS to launch custom yield vaults pay fees to YieldNest for using the infrastructure.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

YieldNest is a non-custodial liquid restaking protocol built on Ethereum and EigenLayer that unifies multiple DeFi yield strategies into single, capital-efficient tokens called MAX LRTs (ynETH, ynETHx, ynLSDe, ynBNBx, ynUSDx, ynRWAx, STAK). These tokens auto-rebalance across restaking, liquid staking, and DeFi strategies to optimize risk-adjusted yields with Layer 1 settlement. The protocol also offers a Vault-as-a-Service (VaaS) framework enabling RWA protocols, DAOs, and enterprises to launch custom yield vaults on its infrastructure.

Product overview

YieldNest is a liquid restaking protocol for Ethereum and multi-chain assets, operating as a unified platform of yield-optimization products. The core offering consists of MAX Vaults (AI-driven, composable restaking assets) that aggregate multiple LRT (Liquid Restaking Token) Strategies into single, capital-efficient tokens with Layer 1 settlement assurances. The product portfolio includes: ynETH/ynETHx for Ethereum restaking via EigenLayer; ynLSDe for EigenLayer restaking with Lido/FRAX/Origin exposure; ynBNBx for BNB Chain staking; ynUSDx for USD stablecoin yields; ynRWAx for real-world asset (Tier 1 Real Estate) yields; ynBTCk for Bitcoin strategies; and STAK combining RWA+DeFi yields. MAX Vault-as-a-Service enables institutions to launch custom yield vaults. The platform is governed by the YieldNest DAO with loyalty programs (Seeds, Pioneer, ynRWAx Referral) driving user engagement.

Differentiator

Problem solved

Functional benefit

Brands

• ynETH: Liquid restaking token that enhances ETH yields through curated AVS baskets
• ynETHx
• ynRWAx
• ynUSDx
• ynBNBx
• ynBTCx
• ynBTCk
• ynLSDe
• ynBNB
• STAK
• MAX Vaults
• Vault-as-a-Service

Products and services

• ynETH Liquid restaking token (LRT) for Ethereum that simplifies and enhances ETH yields through curated AVS baskets, reducing risk and operational complexity for restakers. Supported by YieldNest's MAX Vault infrastructure with Layer 1 settlement.
• ynETHx
• ynBNBx MAX LRT variant for BNB that combines BNB staking and DeFi strategies into one unified token, with Layer 1 settlement on BSC chain. Earnings accrue as the ynBNBx token gains value against BNB.
• ynUSDx MAX LRT variant providing USD-based returns. Liquid token earning rewards on USD with Layer 1 settlement on Ethereum; can be combined with ynRWAx Curve LP in the STAK product.
• ynRWAx USD-based Real-World Asset (RWA) strategy that integrates real-world credit yields into DeFi, offering approximately 11% APY from Tier 1 Real Estate Properties. Settles on Ethereum L1. Supported by the ynRWAx Referral Program offering up to 1.5% bonus APY.
• ynLSDe Liquid restaking token designed to earn additional yield from liquid staking platforms including Lido, FRAX, Origin Protocol, and Mantle through EigenLayer restaking. Allows users to earn extra restaking yield on top of their existing LST positions.
• STAK USDC-based RWA + DeFi yield strategy that settles on Ethereum L1. Users stake ynRWAx/ynUSDx Curve LP tokens via StakeDAO to combine RWA and DeFi yields into a single strategy.
• MAX Vaults AI-driven, composable restaking assets that unify multiple yield sources (restaking, liquid staking, DeFi) into a single, capital-efficient token. MAX Vaults dynamically rebalance across multiple LRT Strategies to optimize risk-adjusted returns while maintaining Layer 1 settlement. Powers the entire MAX LRT product family.
• MAX Vault-as-a-Service (VaaS) Framework allowing protocols, asset managers, and institutions to create custom yield vaults on YieldNest's infrastructure without building from scratch. Includes ERC-4626 compliance, single-token vaults, automated risk-adjusted returns, and independent subDAO governance per vault. Targets RWA protocols, stablecoin issuers, ETH treasuries, DAOs, and DeFi projects.

Quantifiable outcome

• Stake assets in under 50 seconds with only a Web3 wallet required
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature10 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• EigenLayercoreTechnology or IntegrationEigenLayer is the foundational shared security protocol that powers YieldNest's restaking functionality. YieldNest builds products centered around EigenLayer's security model with curated AVS baskets.
• Enzyme FinancecoreStrategic or Co-development PartnerEnzyme provides institutional-grade vault infrastructure enabling customizable product creation with full transparency. Used by YieldNest to serve institutional investors seeking compliant staking solutions.
• FigmentcoreStrategic or Co-development PartnerFigment provides compliant, institutional-grade staking infrastructure with SOC Type 2 compliance for institutional YieldNest users, enhancing regulatory confidence.
• LlamaRiskcoreStrategic or Co-development PartnerLlamaRisk operates YieldNest's independent risk and research team, conducting comprehensive risk analysis for DeFi protocols, evaluating risks across LSTs, RWAs, and liquid restaking strategies.
• HyperNativecoreTechnology or IntegrationHyperNative provides AI-driven threat detection and automated incident response for MAX LRTs, ensuring real-time security monitoring and risk mitigation.
• LidocoreTechnology or IntegrationLido is integrated as a liquid staking strategy within YieldNest's ynLSDe product, allowing users to earn additional restaking yield on Lido positions.
• ZokyocoreTechnology or IntegrationZokyo is a premier smart contract auditing firm that has conducted multiple audits of YieldNest's protocol including ynETH, ynLSDe, MAX LRTs, and slashing upgrades.
• ChainSecuritycoreTechnology or IntegrationChainSecurity conducted comprehensive audits of the YieldNest protocol including full system audits, ynETH/ynLSDe reviews, and EigenLayer update evaluations.
• Composable SecuritycoreTechnology or IntegrationComposable Security audited YieldNest's MAX LRT, ynBTCk, and ynBNBx integrations with Kernel, providing security validation for new products.
• KahunaminorGTM or Marketing PartnerKahuna provides marketing and news coverage for YieldNest ecosystem.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Yearn Finance: DeFi yield aggregator and vault manager; listed advisor/partner to YieldNest. Comparable as a vault-strategy curator that pioneered automated yield optimization across protocols.
• Lido: Largest liquid staking protocol and a core upstream strategy inside YieldNest's ynLSDe. Comparable as the dominant LST primitive that YieldNest layers restaking yield on top of.
• Frax Finance: Multi-product DeFi protocol offering frxETH liquid staking and restaking strategies. Comparable as an integrated frxETH/frxUSD provider embedded inside YieldNest's ynLSDe strategy mix.
• Convex Finance: DeFi yield booster for Curve liquidity with LRT-adjacent positioning. Comparable as a yield-optimization layer with restaking exposure and direct investor overlap in YieldNest's backers.

Direct peers

• Kelp DAO: Liquid restaking protocol issuing rsETH and LRTs across multiple chains. Comparable in offering unified restaking yield tokens and recently expanding cross-chain, similar to YieldNest.
• Karak: Multi-chain restaking platform supporting Ethereum, BNB and other networks. Comparable to YieldNest's MAX LRTs across BNB and other L2s with shared-security positioning.
• EtherFi: One of the largest liquid restaking protocols on Ethereum. Directly comparable as an LRT issuer built on EigenLayer targeting retail and institutional ETH restakers with similar liquid token wrappers.
• Symbiotic: Permissionless restaking protocol supporting multiple networks. Comparable as a restaking primitive that YieldNest integrates with while also competing in offering unified LRT wrappers.
• Puffer Finance: EigenLayer-based liquid restaking and native restaking protocol with anti-slashing technology. Comparable as a restaking abstraction layer targeting both retail and institutional users.
• Renzo: Liquid restaking token (ezETH) protocol built on EigenLayer. Direct competitor offering similar LRT abstraction over EigenLayer AVS exposure for restakers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/YieldNestFi
• GitHubgithub.com/yieldnest
• YouTubeyoutube.com/@YieldNest
• LinkedInlinkedin.com/company/yieldnest

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about YieldNest