APR to APY calculator
CryptoKeyhole’s APR to APY calculator shows what a quoted staking or lending rate earns once it compounds daily, weekly, monthly or continuously, the simple rate behind a quoted yield, and what a deposit grows to.
- Deposit grows to
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- Earned
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- Simple interest instead
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How it works
APY = (1 + APR ÷ n)^n − 1 for n compounding periods a year, and e^APR − 1 when it compounds continuously. The reverse turns an APY into the APR that gives it at the chosen compounding.
The deposit grows to the amount times (1 + APY) to the power of the years held.
Questions
What is the difference between APR and APY?
APR is the simple yearly rate; APY is what you actually earn in a year once the interest earns interest. The more often it compounds, the further APY sits above APR.
How is APY worked out?
(1 + APR ÷ n) to the power n, minus one, where n is the number of times a year interest is added: 365 for daily, 52 for weekly, 12 for monthly. Continuous compounding is e to the power APR, minus one.
Why do staking and lending quote different figures?
Some quote APR, some APY, and some quote a rate that already includes token rewards whose value changes. Compare like with like: convert both to APY at the same compounding.
Does a high APY mean a good deal?
Not on its own. The coin you are paid in can fall further than the yield earns, and the platform or smart contract can fail. The yield is one part of the risk.
Worked out in your browser; no data is sent. Not advice.