SIERRA interest rates: staking, lending and yield farming

Q: What is the best SIERRA APY right now?

The highest single-asset rate with at least $1M of liquidity is 8.90% at Pendle V2 on Ethereum ($14.8M TVL). Rates are refreshed hourly; the 30-day average for that pool is 8.12%.

Q: Where can I earn interest on SIERRA?

3 protocols currently list SIERRA pools. The largest by liquidity: Pendle V2 ($29.5M), Uniswap V4 ($4.4M). Each row in the table links to the protocol’s deposit page.

Q: Is SIERRA yield safe?

It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median SIERRA rate across liquid pools is

Every liquid DeFi pool that includes SIERRA: 5 pools across 3 protocols and 2 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 2 h ago

8.12%

Best single-asset APY

8.12%

Best APY incl. pairs

<0.01%

Median APY

$34.9M

Liquidity in SIERRA pools

2 / 5

Single-asset / all pools

Best single-asset option right now: 8.90% at Pendle V2 on Ethereum ($14.8M TVL, 30d avg 8.12%).

All pools Single asset Best APY Pendle V2 Uniswap V4

Pool	APY	30d avg	TVL ▾	30d	Risk	Chain
SIERRA Pendle V2 · For LP \| Maturity 22OCT2026	7.94% base 7.74% + reward 0.20%	5.96%	$14.8M		Single Down	Ethereum	Deposit ↗
SIERRA Pendle V2 · For buying PT-SIERRA-22OCT2026	8.90% base 8.90%	8.12%	$14.8M		Single Stable/Up	Ethereum	Deposit ↗
USDC-SIERRA Uniswap V4 · 0.01%	<0.01% base <0.01%	0.08%	$4.4M	—	LP IL Stable/Up	Ethereum	Deposit ↗

By protocol

Pendle V2best 8.12% · 2 pools · $29.5M
Uniswap V4best <0.01% · 1 pools · $4.4M

By chain

Ethereumbest 8.12% · 3 pools · $33.9M

Top single-asset SIERRA pools by APY TVL ≥ $1M

Pendle V2 Ethereum · For buying PT-SIERRA-22OCT20268.90% · 30d 8.12% · $14.8M
Pendle V2 Ethereum · For LP | Maturity 22OCT20267.94% · 30d 5.96% · $14.8M

Paired with SIERRA

How to earn on SIERRA

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your SIERRA balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold SIERRA together with a second asset, so the value moves with both prices (impermanent loss). The “Single” chip marks the first kind.

Each row links to the protocol’s own deposit page. Check the chain first: the same protocol can pay different rates on Ethereum, Base or Arbitrum, and moving funds costs a bridge fee (see bridges). Rates refresh hourly; the 30-day average shows whether today’s number is typical.

Questions people ask

What is the best SIERRA APY right now?

The highest single-asset rate with at least $1M of liquidity is 8.90% at Pendle V2 on Ethereum ($14.8M TVL). Rates are refreshed hourly; the 30-day average for that pool is 8.12%.

Where can I earn interest on SIERRA?

3 protocols currently list SIERRA pools. The largest by liquidity: Pendle V2 ($29.5M), Uniswap V4 ($4.4M). Each row in the table links to the protocol’s deposit page.

Is SIERRA yield safe?

It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median SIERRA rate across liquid pools is <0.01%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.