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APR vs APY [Infographic]

The interest rate on your investment is very important when you are exploring DeFi (Decentralized Finance) opportunities. While looking for the best interest rates, you need to pay attention to whether the rate displayed is APR or APY. The difference between them can be confusing to many but it's pretty simple. I have created a simple graphic to explain them in 2 minutes.


10% APR compounded daily is 10.52%

100% APR compounded daily is 171.46%

Source: https://www.aprtoapy.com/



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Not financial advice. For infotainment purposes only.