Best stablecoin yields in DeFi
USDC, USDT, DAI, USDS, USDe and other dollar-pegged coins: every liquid pool with live APY, the base/reward split and a 30-day average. Sorted by liquidity so the biggest, most reliable markets come first.
4.28%
Median single-asset APY
36.24%
Best APY (liquid)
946
Liquid pools
$43.33B
Total liquidity
163
Protocols
All chains
Ethereum
BNB Chain
Base
Solana
Arbitrum
Robinhood Chain
Aptos
Avalanche
Plasma
Monad
Stellar
Tron
Sei
Mantle
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | Chain | |
|---|---|---|---|---|---|---|---|
| SUSDS Sky Lending | 3.60% base 3.60% | 3.55% | $4.62B | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDC Maple · Syrup USDC | 4.97% base 4.97% | 4.93% | $2.62B | Stable Single Down | Ethereum | Deposit ↗ | |
| USYC Circle USYC | 3.40% base 3.40% | 3.17% | $2.56B | — | Stable Single Stable/Up | BNB Chain | Deposit ↗ |
| SUSDE Ethena USDe · 7 days unstaking | 5.02% base 5.02% | 4.61% | $1.31B | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDY Ondo Yield Assets · US Dollar Yield | 3.58% base 3.58% | 3.56% | $1.20B | Stable Single Down | Ethereum | Deposit ↗ | |
| BUIDL BlackRock BUIDL | 3.54% base 3.54% | 3.55% | $993.0M | Stable Single Stable/Up | Solana | Deposit ↗ | |
| BUIDL BlackRock BUIDL | 3.23% base 3.23% | 3.24% | $967.3M | Stable Single Stable/Up | Aptos | Deposit ↗ | |
| USDT Maple · Syrup USDT | 4.62% base 4.62% | 4.54% | $859.3M | Stable Single Down | Ethereum | Deposit ↗ | |
| USDS Centrifuge Protocol · Janus Henderson Treasury Fund | 2.37% base 2.37% | 3.37% | $674.8M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| BUIDL BlackRock BUIDL · Institutional | 3.57% base 3.57% | 3.59% | $599.4M | Stable Single Down | Ethereum | Deposit ↗ | |
| USDS SparkLend · SPK Farming Pool | 3.62% + reward 3.62% | 3.79% | $577.4M | Stable Single Reward-heavy Stable/Up | Ethereum | Deposit ↗ | |
| USDE Aave V3 | 4.75% base 0.66% + reward 4.09% | 3.28% | $577.3M | Stable Single Reward-heavy Down | Ethereum | Deposit ↗ | |
| BUIDL BlackRock BUIDL | 3.54% base 3.54% | 3.55% | $564.3M | Stable Single Stable/Up | Avalanche | Deposit ↗ | |
| USDY Ondo Yield Assets · US Dollar Yield | 3.58% base 3.58% | 3.56% | $535.9M | Stable Single Down | Stellar | Deposit ↗ | |
| USTB Invesco USTB | 3.78% base 3.78% | 3.49% | $520.9M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| BUSD0 Usual USD0 | 3.78% + reward 3.78% | 3.39% | $507.5M | Stable Single Reward-heavy Stable/Up | Ethereum | Deposit ↗ | |
| SUSDAI USD AI · 30d unlock | 6.99% base 6.99% | 7.31% | $493.0M | Stable Single Down | Arbitrum | Deposit ↗ | |
| USDC Jupiter Lend · Earn | 3.93% base 3.55% + reward 0.38% | 4.90% | $479.4M | Stable Single Stable/Up | Solana | Deposit ↗ | |
| STEAKUSDG Morpho Blue | 6.98% base 3.67% + reward 3.31% | 7.00% | $460.0M | — | Stable Single Down | Robinhood Chain | Deposit ↗ |
| STEAKUSDC Morpho Blue | 4.28% base 4.28% | 4.28% | $427.8M | Stable Single Stable/Up | Base | Deposit ↗ | |
| GTUSDCP Morpho Blue | 4.28% base 4.28% | 4.28% | $421.6M | Stable Single Stable/Up | Base | Deposit ↗ | |
| SENPYUSDMAIN Morpho Blue | 5.27% base 2.31% + reward 2.96% | 5.75% | $411.9M | — | Stable Single Reward-heavy Down | Ethereum | Deposit ↗ |
| USAT Centrifuge Protocol · Janus Henderson AAA CLO Fund | 4.85% base 4.85% | 4.95% | $403.8M | Stable Single Down | Ethereum | Deposit ↗ | |
| SIRLOINUSDC Morpho Blue | 5.63% base 2.84% + reward 2.79% | 5.68% | $403.4M | — | Stable Single Down | Base | Deposit ↗ |
| USDE Aave V3 | 4.75% base 0.56% + reward 4.19% | 3.58% | $396.6M | Stable Single Reward-heavy Down | Plasma | Deposit ↗ | |
| SENRLUSDV2 Morpho Blue | 5.71% base 2.43% + reward 3.28% | 6.25% | $394.9M | — | Stable Single Reward-heavy Down | Ethereum | Deposit ↗ |
| USDT Spark Savings | 3.50% base 3.50% | 3.23% | $391.9M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDT Aave V3 | 3.23% base 3.23% | 3.37% | $391.0M | Stable Single Down | Ethereum | Deposit ↗ | |
| USDS SparkLend | 2.32% base 2.32% | 2.17% | $390.7M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDD JustLend V1 | 4.03% base <0.01% + reward 4.03% | 4.01% | $386.9M | Stable Single Reward-heavy Stable/Up | Tron | Deposit ↗ | |
| USDG Maple · syrupUSDG | 5.08% base 5.08% | 4.99% | $365.5M | Stable Single Down | Ethereum | Deposit ↗ | |
| USDE Morpho Blue | 4.75% base 0.00% + reward 4.75% | 4.66% | $362.8M | Stable Single Reward-heavy Down | Base | Deposit ↗ | |
| USDS Spark Savings | 3.60% base 3.60% | 3.55% | $362.7M | Stable Single Stable/Up | Arbitrum | Deposit ↗ | |
| SUSDS Sky Lending | 3.60% base 3.60% | 3.55% | $362.7M | Stable Single Stable/Up | Arbitrum | Deposit ↗ | |
| USDE Morpho Blue | 4.75% base 0.00% + reward 4.75% | 4.66% | $324.9M | Stable Single Reward-heavy Down | Robinhood Chain | Deposit ↗ | |
| USDC Spark Savings | 3.60% base 3.60% | 3.55% | $316.6M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| SPARKUSDC Morpho Blue | 3.84% base 3.84% | 3.84% | $272.9M | — | Stable Single Stable/Up | Base | Deposit ↗ |
| USDC Centrifuge Protocol · Janus Henderson AAA CLO Fund | 4.85% base 4.85% | 5.17% | $262.3M | Stable Single Down | Avalanche | Deposit ↗ | |
| USDE Kamino Lend · Ethena Market | 0.00% base 0.00% | 0.00% | $259.7M | Stable Single | Solana | Deposit ↗ | |
| USDY Ondo Yield Assets · US Dollar Yield | 3.58% base 3.58% | 3.56% | $258.9M | Stable Single Stable/Up | Sei | Deposit ↗ | |
| REUSD Re | 6.64% base 6.64% | 6.48% | $254.9M | Stable Single Down | Ethereum | Deposit ↗ | |
| SUSDE Aave V3 | 0.00% base 0.00% | 1.31% | $213.5M | Stable Single | Ethereum | Deposit ↗ | |
| BUIDL BlackRock BUIDL | 3.23% base 3.23% | 3.24% | $212.1M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| SUSDE Aave V3 | 0.00% base 0.00% | 2.01% | $209.9M | Stable Single | Plasma | Deposit ↗ | |
| SDAI Sky Lending | 1.25% base 1.25% | 1.25% | $202.6M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| STUSDS Sky Lending · Expert Mode | 5.11% base 5.11% | 5.46% | $196.3M | Stable Single Stable/Up | Ethereum | Deposit ↗ | |
| USDC Aave V3 | 3.56% base 3.56% | 3.89% | $191.3M | Stable Single Down | Ethereum | Deposit ↗ | |
| SENPYUSDPRIMEV2 Morpho Blue | 5.97% base 3.43% + reward 2.54% | 6.15% | $190.5M | — | Stable Single Down | Ethereum | Deposit ↗ |
| USDY Ondo Yield Assets · US Dollar Yield | 3.58% base 3.58% | 3.56% | $180.2M | Stable Single Stable/Up | Solana | Deposit ↗ | |
| APXUSD Apyx Protocol · apyUSD vault | 12.42% base 12.42% | 12.41% | $173.3M | Stable Single Stable/Up | Ethereum | Deposit ↗ |
By stablecoin
- USDC USD Coinbest 35.94% · 265 pools · $6.55B
- SUSDS Sky Savings USDSbest 5.09% · 14 pools · $5.10B
- BUIDL BlackRock BUIDLbest 3.57% · 9 pools · $3.52B
- USDT Tetherbest 15.13% · 71 pools · $2.62B
- USYC Circle USYCbest 3.17% · 2 pools · $2.60B
- USDS Sky USDSbest 5.67% · 15 pools · $2.34B
- USDY Ondo US Dollar Yieldbest 3.56% · 12 pools · $2.25B
- SUSDE Ethena Staked USDebest 8.12% · 27 pools · $2.20B
- USDE Ethena USDebest 5.45% · 18 pools · $2.09B
- SUSDAIbest 10.77% · 19 pools · $772.6M
- STEAKUSDCbest 4.28% · 7 pools · $761.6M
- GTUSDCPbest 4.28% · 3 pools · $682.7M
- USTBbest 3.49% · 4 pools · $565.4M
- BUSD0best 3.39% · 2 pools · $509.3M
- PYUSD PayPal USDbest 8.58% · 15 pools · $504.2M
- USDG Global Dollarbest 7.21% · 18 pools · $503.5M
- STEAKUSDGbest 6.98% · 1 pools · $460.0M
- USATbest 4.85% · 2 pools · $413.8M
- SENPYUSDMAINbest 5.27% · 1 pools · $411.9M
- REUSDbest 15.23% · 20 pools · $403.7M
By chain
- Ethereumbest 36.24% · 546 pools · $26.57B
- BNB Chainbest 11.15% · 26 pools · $3.14B
- Basebest 35.94% · 54 pools · $2.60B
- Solanabest 12.42% · 70 pools · $2.56B
- Arbitrumbest 14.30% · 33 pools · $1.61B
- Robinhood Chainbest 6.98% · 7 pools · $997.7M
- Aptosbest 15.13% · 6 pools · $979.6M
- Avalanchebest 8.22% · 15 pools · $969.7M
- Plasmabest 7.54% · 13 pools · $868.2M
- Monadbest 16.71% · 56 pools · $806.2M
- Stellarbest 9.93% · 3 pools · $570.8M
- Tronbest 4.01% · 5 pools · $515.0M
- Seibest 7.54% · 2 pools · $268.2M
- Mantlebest 4.14% · 6 pools · $201.8M
Where stablecoin yield comes from
Three sources. Lending markets (Aave, Morpho, Spark, Compound) pay you the interest that borrowers pay, minus a protocol fee; rates rise when leverage demand rises. Savings tokens (sUSDS, sUSDe, USDY, BUIDL) pass through treasury-bill income or funding-rate income. Liquidity pools (Curve, Uniswap) pay trading fees, sometimes topped up with reward tokens. The base/reward split under each APY tells you which part is durable.
Compare the base rate with the median above: a stablecoin pool paying three times the median is either tiny, new, or paying in a token you may not want. Custodial alternatives are on the CeFi rates page.
Questions people ask
What is the best stablecoin yield in DeFi right now?
The highest APY among stablecoin pools with at least $1M of liquidity is 36.24%. The median stablecoin single-asset rate is 4.28%. Rates refresh every hour.
Which stablecoins pay the most?
Rates differ by coin and venue. USDC up to 35.94%, SUSDS up to 5.09%, BUIDL up to 3.57%, USDT up to 15.13%, USYC up to 3.17%, USDS up to 5.67%. Open a coin page for every pool.
Why do stablecoin APYs differ so much between protocols?
Lending markets pay what borrowers pay, minus a protocol cut. Liquidity pools earn trading fees. Some pools add token rewards on top (shown as “reward” in the APY split), and those emissions can stop at any time. Higher APY usually means a smaller market, a newer protocol or extra risk.
Are stablecoin yields safe?
No yield is risk-free. Stablecoins can lose their peg, smart contracts can be exploited, and lending markets can run out of liquidity. Prefer large TVL, audited protocols and rates that are close to the median. See our methodology.