Behind the beta: 6 Week Recap

Aug 1, 2025

It’s been just over a month (okay, closer to six weeks) since Odyssey officially launched into public beta, and what a ride it’s been. The reception from the community has been nothing short of incredible. We’ve grown across socials, Discord, and most importantly, TVL.

Odyssey is continuing to add new strategies, chains, modules, and features, all with our community in mind. We know you’re going to love what’s coming next. But first, here’s a look back at our first month in the wild.

TVL Has Grown From 0 to $10M

In just a few short weeks, Odyssey’s TVL has grown from nothing to over $10M!

Thank you to every single user who has tried Odyssey so far. Your trust and feedback have been instrumental in shaping the product, and we’re just getting started.

New Strategies

Since launching public beta, we’ve rolled out multiple new strategies for users to farm, including:

Yield at the time of writing

ynETHx by YieldNest (~30% APY)

ynETHx is a next-gen Liquid Restaking Token (LRT) by Yield Nest. It bundles ETH staking, DeFi strategies, and restaking yield into a single, auto-compounding asset optimized for capital efficiency and composability.

wsuperOETHb by Origin (~66% APY, Base)

wsuperOETHb is an ETH-pegged liquid staking token that generates yield and integrates Origin’s superfluid capabilities. It’s built to maximize the effectiveness of your capital while maintaining deep liquidity and delivering consistent staking returns. Odyssey users can loop into wsuperOETHb gas‑free thanks to our sponsored transactions on Base.

weETH by EtherFi (~2.5% APY)

Ether.fi is a decentralized, non-custodial liquid restaking protocol. Its token, weETH, represents ETH that earns both native staking rewards and restaking rewards without lockups or withdrawal delays. Sure, the APY looks modest compared to the others, but there’s more to the story. This strategy plays a key role in peg defense and introduces another yield avenue for users who value stability. Read more about it here.

Yield Highlights

A few other standouts worth mentioning:

sUSDe by Ethena (~70% APY)
sUSDe is Ethenas's synthetic dollar that combines real-world collateral with on-chain efficiency, currently boasting some of the highest stablecoin returns in DeFi.
vaETH by Vesper (~76% APY)
Vesper’s vaETH vault auto-compounds yield into the deposited asset under the hood, delivering consistent returns for users who want a set‑and‑forget ETH farm.

Fatstronaut Campaign

Alongside the beta launch, we kicked off the Fatstronauts Campaign, Odyssey’s points program that rewards users for spinning up positions.

6.1M+ points awarded so far
15,000+ conversions
Hundreds of participants
Average points per user so far: ~11,929

And this is just the beginning. More strategies = more points. Keep an eye out for limited‑time double-point events. Learn more, or jump right in here.

How to Get Started on Odyssey

Head to app.odyssey.finance.
Connect your existing EOA or create an account via SSO like Google (and other methods).
Transfer assets you want to farm with. (Remember to keep ETH on mainnet for gas unless you’re using an L2 where Odyssey sponsors txs.)
Navigate to the Loopr tab and pick your strategy.
Input the deposit amount, leverage, and, optionally, you can simulate the transaction to check your setup.
Hit confirm. You’re farming.

For a deeper dive into how everything works, check out our docs.

What’s Next?

The first month of Odyssey’s public beta was about proving the core product and building with the community. The next few months? More chains, more strategies, more features, and more ways to farm smarter.

LiFi Loopr Support

We're integrating LiFi directly into Loopr, enabling you to quickly create any position with any token! Seamlessly convert your wallet asset into strategy collateral in a single flow.

Loopr Data Improvements

We’re enhancing Loopr with new data tables that provide users with additional information through tooltips, empowering you to make informed decisions.