Sky USDS (USDS) interest rates: staking, lending and yield farming
Every liquid DeFi pool that includes USDS: 42 pools across 22 protocols and 5 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 47 min ago
5.67%
Best single-asset APY
5.67%
Best APY incl. pairs
1.47%
Median APY
$2.39B
Liquidity in USDS pools
23 / 42
Single-asset / all pools
Best single-asset option right now: 5.69% at Sky Lending on Ethereum ($168.3M TVL, 30d avg 5.67%), of which 5.69% is token rewards.
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | Chain | |
|---|---|---|---|---|---|---|---|
| USDS Centrifuge Protocol · Janus Henderson Treasury Fund | 2.37% base 2.37% | 3.37% | $674.8M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDS SparkLend · SPK Farming Pool | 3.62% + reward 3.62% | 3.79% | $577.4M | Stable Single Reward-heavy Stable/Up | Ethereum | Deposit ↗ | |
| USDS SparkLend | 2.32% base 2.32% | 2.17% | $390.7M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDS Spark Savings | 3.60% base 3.60% | 3.55% | $362.7M | Stable Single Stable/Up | Arbitrum | Deposit ↗ | |
| USDS Sky Lending · GROVE Farming Pool | 5.69% + reward 5.69% | 5.67% | $168.3M | Stable Single Reward-heavy Stable/Up | Ethereum | Deposit ↗ | |
| PYUSD-USDS Uniswap V4 · 0.00% | 0.13% base 0.13% | 0.09% | $100.1M | Stable LP Down | Ethereum | Deposit ↗ | |
| RLUSD-USDS Uniswap V4 · 0.00% | 0.13% base 0.13% | 0.03% | $20.0M | Stable LP Down | Ethereum | Deposit ↗ | |
| USDS Spark Savings | 3.60% base 3.60% | 3.55% | $12.0M | Stable Single Stable/Up | Base | Deposit ↗ | |
| USDS Aave V3 | 0.15% base 0.15% | 3.01% | $8.8M | — | Stable Single Stable/Up | Ethereum | Deposit ↗ |
| USDS Yearn Finance | 0.00% base 0.00% | 4.03% | $7.3M | — | Stable Single | Ethereum | Deposit ↗ |
| USDS Yearn Finance | 1.19% base 1.19% | 2.72% | $7.3M | — | Stable Single Stable/Up | Ethereum | Deposit ↗ |
| USDS Jupiter Lend · Earn | 3.57% base 3.57% | 4.44% | $3.8M | — | Stable Single Stable/Up | Solana | Deposit ↗ |
| USDS-STUSDS Curve DEX | 3.95% base 1.95% + reward 2.00% | 4.90% | $3.0M | — | Stable LP Reward-heavy Stable/Up | Ethereum | Deposit ↗ |
| USDS-STUSDS Beefy · Curve | 5.09% | 5.03% | $2.8M | — | Stable LP Stable/Up | Ethereum | Deposit ↗ |
| USDS-USDC Raydium AMM · Concentrated - 0.01% | 0.09% base 0.09% | 0.51% | $1.3M | — | Stable LP Stable/Up | Solana | Deposit ↗ |
By protocol
- SparkLendbest 3.62% · 2 pools · $968.1M
- Centrifuge Protocolbest 2.37% · 1 pools · $674.8M
- Spark Savingsbest 3.55% · 2 pools · $374.7M
- Sky Lendingbest 5.67% · 1 pools · $168.3M
- Uniswap V4best 0.09% · 2 pools · $120.1M
- Yearn Financebest 1.19% · 2 pools · $14.5M
- Aave V3best 0.15% · 1 pools · $8.8M
- Jupiter Lendbest 3.57% · 1 pools · $3.8M
- Curve DEXbest 3.95% · 1 pools · $3.0M
- Beefybest 5.03% · 1 pools · $2.8M
Borrow USDS 8 markets
Top single-asset USDS pools by APY TVL ≥ $1M
- Sky Lending Ethereum · GROVE Farming Pool5.69% · 30d 5.67% · $168.3M
- SparkLend Ethereum · SPK Farming Pool3.62% · 30d 3.79% · $577.4M
- Spark Savings Arbitrum3.60% · 30d 3.55% · $362.7M
- Spark Savings Base3.60% · 30d 3.55% · $12.0M
- Jupiter Lend Solana · Earn3.57% · 30d 4.44% · $3.8M
- Centrifuge Protocol Ethereum · Janus Henderson Treasury Fund2.37% · 30d 3.37% · $674.8M
- SparkLend Ethereum2.32% · 30d 2.17% · $390.7M
- Yearn Finance Ethereum1.19% · 30d 2.72% · $7.3M
Paired with USDS
How to earn on USDS
Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your USDS balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold USDS 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 USDS APY right now?
The highest single-asset rate with at least $1M of liquidity is 5.69% at Sky Lending on Ethereum ($168.3M TVL). Rates are refreshed hourly; the 30-day average for that pool is 5.67%.
Where can I earn interest on USDS?
22 protocols currently list USDS pools. The largest by liquidity: SparkLend ($968.1M), Centrifuge Protocol ($674.8M), Spark Savings ($374.7M), Sky Lending ($168.3M), Uniswap V4 ($120.1M). Each row in the table links to the protocol’s deposit page.
Can I borrow USDS?
8 lending markets let you borrow USDS against collateral. See USDS borrow rates for the cheapest one.
Is USDS yield safe?
It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median USDS rate across liquid pools is 1.47%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.