DeFiEarns

USDAT interest rates: staking, lending and yield farming

Every liquid DeFi pool that includes USDAT: 10 pools across 3 protocols and 3 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 2 h ago

6.78%
Best single-asset APY
6.78%
Best APY incl. pairs
3.09%
Median APY
$46.8M
Liquidity in USDAT pools
6 / 10
Single-asset / all pools
Best single-asset option right now: 7.19% at Pendle V2 on Monad ($1.5M TVL, 30d avg 6.78%).
All pools Single asset Best APY Morpho Blue Pendle V2 Curve DEX
Pool APY 30d avg TVL ▾ 30d Risk Chain
PT-USDAT-14JAN2027 Morpho Blue 0.98% base 0.00% + reward 0.98% 0.27% $19.5M LP IL Reward-heavy Stable/Up Monad Deposit ↗
USDC-USDAT Curve DEX 0.20% base 0.20% 0.63% $9.2M Stable LP Stable/Up Ethereum Deposit ↗
USDAT Pendle V2 · For buying PT-USDat-14JAN2027 6.96% base 6.96% 6.63% $5.9M Stable Single Stable/Up Ethereum Deposit ↗
USDAT Pendle V2 · For LP | Maturity 14JAN2027 5.19% base 4.61% + reward 0.58% 5.06% $5.9M Stable Single Stable/Up Ethereum Deposit ↗
USDAT-USDC Curve DEX 0.00% base 0.00% 0.00% $2.3M Stable LP Monad Deposit ↗
USDAT Pendle V2 · For buying PT-USDat-14JAN2027 7.19% base 7.19% 6.78% $1.5M Stable Single Down Monad Deposit ↗
USDAT Pendle V2 · For LP | Maturity 14JAN2027 7.42% base 4.16% + reward 3.26% 6.61% $1.5M Stable Single Down Monad Deposit ↗

By protocol

By chain

  • Monadbest 6.78% · 4 pools · $24.8M
  • Ethereumbest 6.63% · 3 pools · $21.1M

Borrow USDAT 2 markets

MarketChainBorrow APYSupply APYSuppliedBorrowedLTV
PT-USDAT-14JAN2027Morpho Blue Monad 5.87% 0.98% $19.5M $16.9M 92%
PT-USDAT-14JAN2027Morpho Blue Ethereum 3.72% 0.00% $781K $642K 92%

All USDAT borrow markets →

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

Paired with USDAT

How to earn on USDAT

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your USDAT balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold USDAT 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 USDAT APY right now?
The highest single-asset rate with at least $1M of liquidity is 7.19% at Pendle V2 on Monad ($1.5M TVL). Rates are refreshed hourly; the 30-day average for that pool is 6.78%.
Where can I earn interest on USDAT?
3 protocols currently list USDAT pools. The largest by liquidity: Morpho Blue ($19.5M), Pendle V2 ($14.8M), Curve DEX ($11.6M). Each row in the table links to the protocol’s deposit page.
Can I borrow USDAT?
2 lending markets let you borrow USDAT against collateral. See USDAT borrow rates for the cheapest one.
Is USDAT yield safe?
It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median USDAT rate across liquid pools is 3.09%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.