> For the complete documentation index, see [llms.txt](https://docs.leather.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.leather.io/stacking-and-sbtc-reference/historical-yield.md).

# Historical yield

Historical yield is the return a pool or protocol paid in the past, as APY or APR. It does not predict future returns.

Historical yield is the return a pool or protocol paid over a past period, shown as a yearly percentage.

* **APY** (annual percentage yield) assumes earnings are reinvested and compound.
* **APR** (annual percentage rate) is a flat yearly rate without compounding.

A past yield does not predict future yield. Staking and DeFi yields vary with participation, prices and each protocol's rules.

On app.leather.io, the yield figures come from the providers and from Leather's content. Leather does not check them or guarantee them. Compare them with the provider's own figures before you commit funds.