# What is APY? APY stands for Annual Percentage Yield. It is a financial metric used to measure the annualized rate of return on investment, considering the effect of compounding interest. APY reflects the total investment return, including interest earned and any additional benefits or rewards gained over a year. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.hipo.finance/frequently-asked-questions/what-is-apy.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.