Arrakis V1
Decentralized exchange — earn fees by helping other people swap tokens.
100% on Ethereum · also on 0 other chains
Chains
1
Live yield options
12
Best reward rate
22.96%
Custody
You hold the keys
Where it runs
Available on 1 chains
Earn here · live yield options
Yields available on Arrakis V1
12 live options — yields range 0.4% to 22.96% per year, with a median of 1.92%.
-
01
arrakis-v1 - DAI-USDC Ethereum
DAI · USDC
Reward
0.58%
→Pool size
$555Thousand
-
02
arrakis-v1 - DAI-USDC Ethereum
DAI · USDC
Reward
0.9%
→Pool size
$306Thousand
-
03
arrakis-v1 - WETH-ENS Ethereum
WETH · ENS
Reward
22.96%
→Pool size
$75.5Thousand
-
04
arrakis-v1 - USDC-FLOAT Ethereum
USDC · FLOAT
Reward
0.62%
→Pool size
$60.6Thousand
-
05
arrakis-v1 - WETH-HAN OP Mainnet
WETH · HAN
Reward
11.79%
→Pool size
$53.8Thousand
-
06
arrakis-v1 - ETHMAXY-WETH Ethereum
ETHMAXY · WETH
Reward
0.89%
→Pool size
$41.7Thousand
All 12 yield options on Arrakis V1 Expand →
| Option | Chain | Reward | Pool size |
|---|---|---|---|
| arrakis-v1 - DAI-USDC | Ethereum | 0.58% | $555Thousand |
| arrakis-v1 - DAI-USDC | Ethereum | 0.9% | $306Thousand |
| arrakis-v1 - WETH-ENS | Ethereum | 22.96% | $75.5Thousand |
| arrakis-v1 - USDC-FLOAT | Ethereum | 0.62% | $60.6Thousand |
| arrakis-v1 - WETH-HAN | OP Mainnet | 11.79% | $53.8Thousand |
| arrakis-v1 - ETHMAXY-WETH | Ethereum | 0.89% | $41.7Thousand |
| arrakis-v1 - EURA-USDC | Ethereum | 0.4% | $31.1Thousand |
| arrakis-v1 - THALES-WETH | OP Mainnet | 3.66% | $24Thousand |
| arrakis-v1 - ICETH-WETH | Ethereum | 1.92% | $22.1Thousand |
| arrakis-v1 - WBTC-WETH | Polygon | 3.1% | $16.3Thousand |
| arrakis-v1 - USDC-MAI | Polygon | 0.54% | $13.9Thousand |
| arrakis-v1 - USDC-WETH | Polygon | 12.61% | $13.4Thousand |
How it works
Using Arrakis V1 in three steps
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1
Pair two tokens
Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.
-
2
Earn a share of fees
Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.
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3
Watch out for IL
If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.
Read up
About Arrakis V1
Description provided by the protocol team. Always verify directly before depositing funds.
Tokens earning here
Top tokens earning yield through Arrakis V1
Same family
Other Arrakis Finance products
These products share the brand but each is distinct code with its own deposits, audits, and risks. Pick the one that matches what you want to do.
Compare similar apps
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Frequently asked
What people ask about Arrakis V1
What is Arrakis V1?
+
Arrakis V1 is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.
Is using Arrakis V1 safe?
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Arrakis V1 has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.
How much can I earn?
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Right now yields on Arrakis V1 run 0.4%–23.0% per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
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Arrakis V1 runs on 1 chains, including Ethereum. Each chain has its own fees and speeds — pick the one you already use.
Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.
See also
Terms used on this page
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Smart Contract
Code on a blockchain that runs automatically when called. DeFi protocols are smart contracts — bugs in the code can lose user funds.
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Audit
An independent security review of a smart contract. More audits and longer track record reduce — but never eliminate — code risk.
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Impermanent Loss
A loss LP providers experience when the two pool tokens diverge in price. The loss only crystallises if you withdraw at that ratio.
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Oracle
An on-chain feed of off-chain data — usually prices. Lending and CDP protocols rely on oracles to liquidate positions correctly.
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TVL (Total Value Locked)
The total dollar value of assets currently deposited in a DeFi protocol. A rough proxy for adoption and trust.