Best stablecoin yields on Mantle
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.
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | |
|---|---|---|---|---|---|---|
| SUSDE Aave V3 | 0.00% base 0.00% | 3.14% | $86.9M | Stable Single | Deposit ↗ | |
| SYRUPUSDT Aave V3 | 0.00% base 0.00% | 0.00% | $50.1M | Stable Single | Deposit ↗ | |
| USDY Ondo Yield Assets · US Dollar Yield | 3.58% base 3.58% | 3.56% | $28.7M | Stable Single Stable/Up | Deposit ↗ | |
| USDT0 Aave V3 | 4.46% base 2.96% + reward 1.49% | 4.14% | $21.8M | Stable Single Down | Deposit ↗ | |
| USDE Aave V3 | 4.75% base 0.02% + reward 4.73% | 4.09% | $13.3M | Stable Single Reward-heavy Down | Deposit ↗ | |
| GHO Aave V3 | 0.82% base 0.82% | 0.64% | $1.1M | — | Stable Single Stable/Up | Deposit ↗ |
By stablecoin
- SUSDE Ethena Staked USDebest 0.00% · 1 pools · $86.9M
- SYRUPUSDTbest 0.00% · 1 pools · $50.1M
- USDY Ondo US Dollar Yieldbest 3.56% · 1 pools · $28.7M
- USDT0best 4.14% · 1 pools · $21.8M
- USDE Ethena USDebest 4.09% · 1 pools · $13.3M
- GHO Aave GHObest 0.64% · 1 pools · $1.1M
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.