Spectra
Spectra is a multi-chain yield protocol that splits yield-bearing tokens into principal and yield tokens for fixed rates or leveraged yield.
What is Spectra?
Spectra is a multi-chain yield protocol where users split yield-bearing tokens into principal tokens (PTs) for fixed rates and yield tokens (YTs) for leveraged yield exposure. They can also provide liquidity to permissionless pools across assets like stXRP, avUSD, and sFLR on Ethereum, Base, Arbitrum, Avalanche, and more.
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Spectra alternatives
Explore web3 competitors and apps like Spectra.
Pendle
Midas
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Mellow ProtocolApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
