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Convert between APR to APY and APY to APR with different compounding frequencies to understand the true yield of your DeFi investments.
APR/APY Converter
APR → APY
Convert Annual Percentage Rate to Annual Percentage Yield
APY (%)
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Explanation
APY (Annual Percentage Yield) accounts for compounding and will be higher than APR when compounding occurs more than once per year.
Formulas Used
APR to APY
APY = (1 + APR/n)^n - 1
Where n = number of compounding periods per year
APY to APR
APR = n × ((1 + APY)^(1/n) - 1)
Where n = number of compounding periods per year