Farmpoints

Farmpoints entered the DeFi yield aggregation space in 2024 with an ambitious promise: find the best farming opportunities across multiple blockchains and deliver them through a single interface. In 2026, with $50M in TVL and a growing user base, the question is whether this newer platform can compete with established aggregators like Yearn Finance and Beefy Finance. We tested the platform over several weeks, farming on multiple chains and tracking yields, to give you an honest assessment.

What is Farmpoints?

Farmpoints is a multi-chain yield aggregator and DEX platform that launched in 2024 with a focus on maximizing farming rewards across DeFi protocols. Unlike single-chain DEXes that confine users to one network, Farmpoints aggregates yield opportunities from several major blockchains including Ethereum, Arbitrum, BNB Chain, and Polygon, presenting them through a unified dashboard.

The platform operates as an aggregator type, meaning it does not run its own liquidity pools in the traditional sense. Instead, it scans available yield farming opportunities across supported protocols and routes users to the most profitable options. Think of it as a search engine for DeFi yields, but one that also handles the execution and management of farming positions.

What sets Farmpoints apart from older aggregators is its point-based reward system. Rather than launching a governance token immediately, the team chose to build engagement through a points program where users accumulate rewards based on their farming activity, liquidity provision, and staking. These points are widely expected to convert into a governance token or qualify users for a future airdrop, which is a common growth strategy in DeFi since the Blur and Hyperliquid points programs proved successful.

The platform is open source, which is a positive sign for transparency. However, it is still a relatively young project with limited audit history, listing only a single audit from a firm identified as "TBD" in their documentation from June 2024. This is a meaningful gap compared to established aggregators that have undergone multiple audits from top-tier security firms.

Farmpoints currently holds approximately $50M in TVL and processes around $15M in daily trading volume across about 200 supported pairs. These numbers are modest compared to heavyweights like Yearn Finance or Beefy Finance, but they represent steady growth for a platform that has been operational for less than two years. The cross-chain focus and points-based incentive model have attracted a community of yield farmers looking for early-mover advantages.

The DeFi yield aggregation space in 2026 is competitive. Established players like Yearn Finance, Beefy Finance, and Harvest Finance have been operating for years and command significantly more TVL. What gives Farmpoints a shot at relevance is the combination of its lower fee structure, points-based incentive program, and the integrated swap functionality that many pure vault-based aggregators lack. The platform is essentially betting that yield farmers want both a swap engine and a farming dashboard in one place, rather than using separate tools for each activity.

Features and Functionality

Trading Interface

The Farmpoints trading interface follows a minimalist design approach that we found refreshing compared to the cluttered dashboards of some competing platforms. The swap page is clean and easy to use, with token selectors, amount inputs, and a clear display of expected output. During our testing, swaps executed without technical issues on the chains we tried.

The platform supports basic swap functionality with a 0.10% swap fee, which is competitive, especially for an aggregator. Route optimization is handled automatically, so users do not need to worry about selecting the best path for their trades. The interface clearly shows the estimated output and any fees before you confirm the transaction.

One area where Farmpoints falls short is the lack of advanced order types. There are no limit orders, stop losses, or any kind of conditional execution. For simple token swaps, the interface works fine, but traders looking for more sophisticated tools will need to use other platforms alongside Farmpoints.

The dashboard for tracking farming positions is arguably the most useful part of the interface. It shows all your active positions across chains, their current APY, accrued rewards, and point accumulations in a single view. This multi-chain portfolio view saves a lot of time compared to checking each protocol individually.

Supported Markets

Farmpoints supports approximately 200 trading pairs across its supported chains. The primary chains include Ethereum, Arbitrum, BNB Chain, and Polygon, with the team indicating plans to expand to additional networks based on where the best yield opportunities emerge.

The focus is heavily on farming pairs rather than speculative trading markets. You will find the major blue-chip DeFi tokens, popular stablecoin pairs, and liquid staking derivatives well-represented. More exotic or newly launched tokens may have limited support, since the aggregator prioritizes pools with meaningful liquidity and established track records.

Cross-chain capability is a genuine differentiator. From the Farmpoints interface, you can compare yields on the same token pair across different chains and deploy capital where the returns are highest. During our testing, we noticed that stablecoin farming yields varied significantly between Ethereum mainnet and Layer 2s like Arbitrum, and having this comparison readily available saved us time and potentially improved our returns.

Liquidity and Pool Depth

With $50M in TVL, Farmpoints has modest liquidity compared to major platforms. For context, Yearn Finance manages billions in TVL, and even mid-tier aggregators like Beefy Finance hold several hundred million. This lower TVL means that Farmpoints may not be suitable for very large deposits where capacity constraints could affect yield.

The platform's daily volume of approximately $15M is sufficient for most retail users, but institutional-sized trades may face higher slippage or need to be split across multiple transactions. In our testing with amounts up to $5,000, we did not encounter meaningful slippage issues on the major pairs.

Because Farmpoints aggregates from external protocols, the actual pool depth depends on the underlying DeFi platforms being accessed. When Farmpoints routes you to a large Aave or Compound pool, the liquidity is effectively that of the underlying protocol, not Farmpoints itself. This is an advantage of the aggregator model but also means that Farmpoints adds an additional smart contract layer between you and the underlying yield source.

Advanced Features

The points system is Farmpoints' most distinctive feature. Every action on the platform earns points: swapping, providing liquidity, staking, and even just being active. Points accumulate over time and can be viewed on your dashboard. While the exact conversion or utility of these points has not been fully revealed, the expectation in the community is that they will play a role in governance or token distribution.

The cross-chain yield aggregation engine is genuinely useful. It continuously monitors farming opportunities across supported chains and presents them in a ranked format. Users can filter by chain, token, strategy type, and expected APY. The auto-routing feature selects the optimal protocol for your deposit based on current conditions.

Farmpoints also supports staking within its own ecosystem, where users can stake farming position receipts for additional point rewards. This creates a layered incentive where you earn the base farming yield from the underlying protocol plus bonus points from Farmpoints.

The platform does not support perpetuals, lending, NFTs, or fiat on-ramp capabilities. It is purely focused on yield aggregation and farming optimization. This narrow focus could be seen as either a strength (doing one thing well) or a limitation (lacking the feature breadth of platforms like Aave or Compound). For dedicated yield farmers, the focused approach means the platform does not try to be everything to everyone, which often leads to a better experience in the core use case. But for DeFi users who want to borrow against their farming positions or trade derivatives, Farmpoints will need to be supplemented with other tools.

Fees and Pricing

Fee Structure

Farmpoints charges a 0.10% swap fee on trades executed through the platform, with a 0.05% protocol fee layered on top. This means the total cost of a swap through Farmpoints is approximately 0.15%, which is significantly lower than the 0.30% charged by many AMM DEXes like Uniswap or Aerodrome on volatile pools.

Gas costs vary by chain, which is inherent to any multi-chain platform. On Ethereum mainnet, gas fees for farming transactions can range from $5 to $50 depending on network congestion. On Layer 2 chains like Arbitrum and Polygon, gas costs drop dramatically to the $0.01 to $0.50 range. This is why many yield farmers prefer Farmpoints' Layer 2 options when gas efficiency matters.

There is no explicit deposit or withdrawal fee charged by Farmpoints itself, though the underlying protocols may have their own fee structures. When Farmpoints routes your capital to a specific yield farm, you should check the underlying protocol's fee schedule as well. Performance fees on auto-compounded yields are not clearly disclosed in the current documentation, which is something we would like to see improved.

How Farmpoints Fees Compare

Farmpoints' swap fees are competitive, but the comparison is not entirely apples-to-apples since the platform operates as both a DEX and an aggregator. Yearn and Beefy charge performance fees on yields rather than swap fees, which means their cost structure hits differently depending on how long you hold a position and how much yield it generates.

Real-World Cost Examples

Here are some concrete examples from our testing:

1. $100 token swap on Arbitrum: 0.10% swap fee ($0.10) + 0.05% protocol fee ($0.05) + approximately $0.05 gas = $0.20 total cost
2. $1,000 farming deposit on Ethereum: No swap fee (direct deposit) + approximately $15 gas for approval and deposit = $15 total cost
3. $1,000 farming deposit on Polygon: No swap fee (direct deposit) + approximately $0.05 gas = $0.05 total cost
4. $5,000 swap on BNB Chain: 0.10% swap fee ($5.00) + 0.05% protocol fee ($2.50) + approximately $0.20 gas = $7.70 total cost

The gas savings on Layer 2 chains are substantial. A farmer who makes weekly position adjustments could save hundreds of dollars annually by operating on Arbitrum or Polygon rather than Ethereum mainnet.

Security and Safety

Smart Contract Audits

This is the area where Farmpoints has the most room for improvement. The platform lists a single audit from June 2024 with the auditor listed as "TBD" in the scope of smart contracts. This is concerning for a platform that manages $50M in user funds. Reputable DeFi protocols typically undergo multiple audits from well-known firms like Trail of Bits, OpenZeppelin, Spearbit, or Certik before handling significant TVL.

We would strongly recommend that the Farmpoints team commission additional audits from established security firms and publish the results publicly. Until this happens, users should treat the platform with heightened caution and limit their exposure.

Security Track Record

As of February 2026, Farmpoints has not experienced any publicly reported security incidents or exploits. Given that the platform launched in 2024, it has approximately 18 months of operational history without a breach, which is encouraging but still a relatively short track record.

The platform's aggregator model does mitigate some risk, since the majority of user funds are held in the underlying DeFi protocols (Aave, Compound, Curve, etc.) rather than in Farmpoints' own smart contracts. However, the routing and management contracts that Farmpoints itself operates still represent a potential attack vector.

User Protection Features

Farmpoints is open source, which allows community members and security researchers to review the codebase for vulnerabilities. This is a positive signal and puts it ahead of closed-source competitors in terms of transparency.

However, the platform does not have a bug bounty program, which is a significant gap. Bug bounties incentivize white-hat hackers to responsibly disclose vulnerabilities rather than exploiting them. Most serious DeFi protocols offer bounties ranging from $100,000 to millions of dollars. The absence of a bug bounty, combined with the limited audit history, makes the security profile weaker than we would prefer.

The documentation does not clearly describe governance mechanisms like timelocks or multisig protections. We could not find evidence of a timelock delay on smart contract upgrades, which means the team could theoretically push changes without a waiting period. This is another area where greater transparency would build user confidence.

Getting Started with Farmpoints

Connecting Your Wallet

Visit farmpoints.xyz and click the wallet connection button. The platform supports MetaMask, WalletConnect, and other EVM-compatible wallets. Since Farmpoints operates across multiple chains, make sure your wallet is configured for the network you want to farm on. The platform will prompt you to switch networks if needed.

You will need the native gas token of whichever chain you choose to operate on. For Ethereum, that is ETH. For BNB Chain, you need BNB. For Polygon, MATIC (or POL). For Arbitrum, ETH. Make sure you have a small balance for gas before attempting any transactions.

Making Your First Swap

Navigate to the Swap section, select your input and output tokens, enter the amount, and review the estimated output and fees. Click Swap and confirm the transaction in your wallet. The process is standard for DeFi swaps and should be familiar to anyone who has used Uniswap or a similar DEX.

For first-time token interactions, you will need to approve the token for spending, which requires a separate transaction. After approval, future swaps with the same token only need one confirmation.

Providing Liquidity

The yield farming section is where Farmpoints really shines. Browse available farming opportunities sorted by APY, chain, or token. Select a farm that matches your risk tolerance and capital, then follow the deposit flow. The platform handles the interaction with the underlying protocol, so you do not need to navigate to Aave or Compound directly.

After depositing, your position appears in the portfolio dashboard along with real-time yield tracking and accumulated points. You can withdraw at any time, though some underlying protocols may have lock-up periods or withdrawal queues that Farmpoints will notify you about.

We recommend starting with a small amount to familiarize yourself with the process before committing larger sums, especially given the platform's limited audit history. A good starting point would be $50 to $100 on a lower-gas chain like Polygon or Arbitrum, where you can test the full flow of depositing, earning, claiming rewards, and withdrawing without significant gas costs eating into your experiment budget.

One useful tip: check the underlying protocol that Farmpoints routes your deposit to before confirming. Understanding where your funds actually end up helps you evaluate the real risk of your position, since each underlying protocol has its own security profile and history.

User Experience

Desktop Platform

The desktop interface is clean, fast, and well-organized. The yield farming dashboard is the highlight, offering a clear comparison of opportunities across chains without needing to visit multiple websites. Pages load quickly, and the overall design avoids unnecessary clutter.

The portfolio tracker is useful for monitoring multiple positions, showing unrealized yields, point accumulations, and historical performance. We found it reliable in our testing, accurately reflecting balances and rewards across the chains we used.

There is room for improvement in the analytics department. More detailed historical data, yield curves, and risk metrics for each farming opportunity would help users make better-informed decisions. We would also like to see impermanent loss calculators and historical APY charts for each strategy, since these metrics are critical for evaluating whether a farming position is actually profitable after accounting for all risks and costs.

Mobile Experience

Farmpoints does not have a dedicated mobile application. The web interface is responsive and works on mobile browsers, but the multi-chain farming experience is not ideal on small screens. Comparing yields across multiple chains and managing complex positions is better suited to a desktop environment.

Basic tasks like checking your portfolio, claiming rewards, and simple swaps work fine on mobile. But we would not recommend making major farming decisions on your phone, simply because the information density requires more screen space to evaluate properly.

Customer Support

Support is available through the platform's Twitter account and documentation at docs.farmpoints.xyz. The documentation covers the basics of how the platform works, supported chains, and the points system. Community engagement appears moderate, with the team responding to questions on social media.

There is no Discord server mentioned in the official links, which limits community interaction compared to most DeFi protocols that maintain active Discord communities. A dedicated support channel would improve the overall user experience significantly. In DeFi, community-driven support through platforms like Discord often fills the gap left by the absence of traditional customer service teams, and not having this channel available puts Farmpoints at a disadvantage when users encounter issues or have questions about specific farming strategies.

Farmpoints vs Competitors

Farmpoints vs Yearn Finance: Yearn is the established giant with billions in TVL, multiple audits, and proven vault strategies. Farmpoints cannot match Yearn's depth or track record, but its swap functionality and points program give it a different appeal. Users chasing a potential airdrop may find Farmpoints more attractive as an additional platform to farm on.

Farmpoints vs Beefy Finance: Beefy supports over 20 chains compared to Farmpoints' four, and has a much longer track record. However, Beefy focuses purely on auto-compounding vaults without an integrated swap or points system. Farmpoints offers a more integrated experience but with less chain coverage.

Farmpoints vs Harvest Finance: Both target yield farming optimization, but Harvest charges a 30% performance fee, which is steep. Farmpoints' lower fee structure and points incentive could make it more appealing for smaller farmers, though Harvest has more audit coverage and a longer history.

The honest assessment is that Farmpoints is a promising newcomer but lacks the track record, TVL depth, and audit quality of the established players. Its main advantages are the points program (potential airdrop value), competitive fees, and the integrated swap plus farming experience.

One thing worth noting is that Farmpoints' integrated swap functionality sets it apart from pure vault-based aggregators. Yearn and Beefy focus exclusively on yield optimization through vaults, while Farmpoints combines swap execution with farming in a single platform. For users who want to swap tokens and then immediately deploy them into yield strategies without switching platforms, this integrated workflow saves time and gas costs. It is a subtle advantage, but one that becomes meaningful over weeks and months of active farming.

The lower fee structure is also a competitive edge that should not be underestimated. Performance fees of 20-30% charged by Yearn and Harvest eat significantly into returns over time, especially during periods of moderate yields. Farmpoints' flat 0.10% swap fee and 0.05% protocol fee are more predictable and proportionally smaller for most retail users.

Who Should Use Farmpoints?

Farmpoints is best suited for DeFi yield farmers who enjoy exploring newer platforms and want to position themselves for potential airdrop rewards. If you are already farming on Yearn or Beefy and want to diversify your aggregator exposure, Farmpoints offers a different approach with its integrated swap and points system.

Smaller investors who find Yearn's 2% management fee and 20% performance fee expensive may prefer Farmpoints' lower fee structure, especially for simple farming strategies. The cross-chain comparison tools also benefit users who farm across multiple networks and want a single dashboard.

Airdrop hunters will find the points system appealing, as active participation in farming, swapping, and staking all contribute to point accumulation that may convert to future token rewards.

Farmpoints is not ideal for users who prioritize security above all else. The limited audit history and absence of a bug bounty program make it riskier than established alternatives. Conservative investors managing large sums should probably stick with more battle-tested platforms until Farmpoints improves its security posture. It is also not suitable for traders who need advanced order types, perpetual futures, or lending services.

Frequently Asked Questions

What is Farmpoints and how does it work?

Farmpoints is a multi-chain yield aggregator that scans DeFi protocols across Ethereum, Arbitrum, BNB Chain, and Polygon to find the best farming opportunities. It routes users to optimal yield sources through a single interface. Users earn points for their activity, which may convert to governance tokens or airdrop rewards in the future.

Is Farmpoints safe to use in 2026?

Farmpoints is open source and has not experienced any security incidents since its 2024 launch. However, it has only one audit on record, no bug bounty program, and limited details about governance protections. We recommend using small amounts until the platform strengthens its security posture with additional audits from reputable firms.

How does the Farmpoints points system work?

You earn points by swapping tokens, providing liquidity, staking, and participating in farming pools. Points accumulate in your account and can be tracked on your dashboard. The expected use case includes governance participation and potential conversion to tokens, though the exact mechanics have not been finalized.

Does Farmpoints have its own token?

Not yet. Farmpoints uses a points-based reward system as a precursor to a potential token launch. Early users accumulating points may benefit when and if a token is released, similar to how Blur and Hyperliquid rewarded their early point earners with token airdrops.

What fees does Farmpoints charge?

Farmpoints charges a 0.10% swap fee and a 0.05% protocol fee on trades. Gas fees vary by chain, ranging from under $0.10 on Layer 2s to $5-50 on Ethereum mainnet. There are no explicit deposit or withdrawal fees from Farmpoints itself, though underlying protocols may have their own fees.

Which blockchains does Farmpoints support?

Farmpoints currently supports Ethereum, Arbitrum, BNB Chain, and Polygon. The team has indicated plans to add more chains based on where the most attractive yield opportunities are found.

How does Farmpoints compare to Yearn Finance?

Yearn Finance is a much larger and more established platform with billions in TVL and extensive audits. Farmpoints offers lower fees, an integrated swap function, and a points program that Yearn does not have. Yearn is better for conservative investors prioritizing security, while Farmpoints appeals to those seeking airdrop potential and lower costs.

Can I farm on multiple chains at once with Farmpoints?

Yes, Farmpoints supports simultaneous farming positions across all its supported chains. Your portfolio dashboard shows all positions in one place, making it easy to compare yields and manage capital across Ethereum, Arbitrum, BNB Chain, and Polygon.

Final Verdict

Farmpoints is a promising but early-stage yield aggregator that offers some genuine advantages over established competitors. The 0.10% swap fee is lower than most DEXes, the cross-chain yield comparison tools are practical, and the points system creates a real incentive for early adoption. We found the interface clean and functional, and the farming dashboard is genuinely useful for multi-chain yield farmers.

However, we cannot overlook the security concerns. A single audit from an unnamed firm, no bug bounty program, and unclear governance protections put Farmpoints well behind established aggregators like Yearn and Beefy on the trust spectrum. The $50M TVL and $15M daily volume are respectable for a new platform but reflect limited adoption so far.

We rate Farmpoints a 7.2 out of 10 for 2026. It is worth exploring with small amounts, especially if you are interested in accumulating points for a potential airdrop. But we would not recommend making it your primary yield farming platform until the team invests in proper security audits and more transparent governance mechanisms. Keep an eye on it as it matures.