> For the complete documentation index, see [llms.txt](https://docs.moonvault.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moonvault.org/moon-vault-ecosystem/apy.md).

# APY

Moon Vault offers a dynamic APY that reflects the performance of its underlying strategies and the efficiency of automated compounding. Instead of a fixed rate, the vault calculates returns in real time based on the rewards generated by deposited assets and the frequency of reinvestment. This means that your effective APY grows as rewards are harvested and automatically reinvested, taking full advantage of the compounding effect. By pooling assets and leveraging optimized strategies across the Monad ecosystem, Moon Vault can achieve higher capital efficiency than manual farming, which can translate into a more attractive APY over time. While the exact APY may fluctuate with market conditions, the vault is designed to maximize returns while maintaining a balanced risk profile, giving users a professional, hands off way to earn consistent yield.

<figure><img src="https://3166451073-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5Bj2K8L4BItKDzbP0ZMU%2Fuploads%2FckTkpkO0GFRSlhycvJaI%2F4.jpg?alt=media&amp;token=1476c47c-d887-453d-b88d-7bd69895aa43" alt=""><figcaption></figcaption></figure>

Your APY isn’t just a number, it’s a reflection of how hard your assets are working for you, and with Moon Vault, your capital is always compounding, always productive, and always optimized for growth.