APR to APY calculator
Crypto
A staking or farming page may advertise APR, APY or both. APY includes compounding, so it is always at least the APR. Convert one into the other to compare offers on the same basis.
Enter the advertised rate
The converted rate
240.58% APR
1,000% APY with daily compounding (365 periods a year).
- APR, simple yearly rate
- 240.58%
- APY, with rewards reinvested
- 1,000.00%
- Rate per period
- 0.66%
- Growth over one year if the rate held
- 11.0000 times the starting amount
APY = (1 + APR ÷ n)n − 1, where n is the number of compounding periods a year
Both figures assume the rate stays the same for a whole year and every reward is reinvested. They do not include fees, the price of the reward token or the risk of losing the deposit.
Approximate floating-point arithmetic, rounded to two decimal places.
How to read it
Find what the reward is paid in
A rate paid in a project's own token changes value with that token's price. A high APY in a falling token can still lose money in dollar terms.
Check whether the rate is fixed
Most crypto yields are variable and can change every block or epoch. An advertised APY is usually today's rate extended over a year.
Count fees and lockups
Deposit, withdrawal and performance fees reduce the rate, and lockup periods limit when you can leave. Read the product's own documentation before comparing rates.
Keep the conclusion within the evidence
- The conversion assumes a constant rate for a full year and that every reward is reinvested.
- It does not include fees, token price changes or the risk of losing the deposit. It is arithmetic, not a recommendation of any product.
Sources and next reads
- Investor.gov: compound interest
The compounding formula behind APY: interest added to the balance earns interest in later periods.
- Calculate a percentage change
Check a reported return against its starting value.
- Ecosystem guides on Yieldo
Practical guides to DeFi, staking and moving funds, on a separate site.