This guide explains what apr means in crypto, how it differs from apy, where you see apr in DeFi, staking, and lending, and how to judge whether an apr offer is realistic. You’ll learn the math behind apr without jargon, the key risks that can change returns, and a practical checklist to compare platforms. We also touch on apr in perpetual swaps and staking so you can read dashboards with confidence and avoid common traps.

KEY TAKEAWAYS

• apr is the yearly rate on principal only; apy includes compounding. Crypto dashboards often show both.
• In DeFi, apr can change with liquidity, fees, token rewards, and market conditions. Treat it as an estimate.
• Compare apr by net yield after fees, slippage, lockups, and token inflation, not the…