Yield aggregator
A protocol that pools deposits and routes them across underlying yield sources to maximise risk-adjusted return.
Yearn, Beefy, Origin, MetaMorpho vaults are examples. Aggregators add a layer of smart-contract risk and strategist judgement, but lower the operational burden on individual users. StableLens treats aggregator-wrapped pools as compositions — risk = strategy risk + aggregator risk.
Related terms
- VaultA smart contract that automates a yield strategy — users deposit, the contract executes.
- YearnThe original DeFi yield aggregator — yVaults route deposits into the highest-risk-adjusted-yield strategies.
- MorphoA modular lending primitive — Morpho Blue isolates each market, with curators (e.g. MetaMorpho) building risk-managed vaults atop.