DeFiEarns

Best stablecoin yields on Sui

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.

4.70%
Median single-asset APY
12.00%
Best APY (liquid)
15
Liquid pools
$95.2M
Total liquidity
6
Protocols
All chains Sui
Pool APY 30d avg TVL ▾ 30d Risk
BUCK NAVI Lending 0.21% base 0.21% 0.21% $18.7M Stable Single Stable/Up Deposit ↗
USDC Current · MainMarket 7.88% base 1.93% + reward 5.95% 9.26% $15.1M Stable Single Reward-heavy Stable/Up Deposit ↗
USDY Ondo Yield Assets · US Dollar Yield 3.58% base 3.58% 3.56% $14.6M Stable Single Stable/Up Deposit ↗
USDC NAVI Lending 4.70% base 4.31% + reward 0.39% 5.50% $10.2M Stable Single Stable/Up Deposit ↗
USDC Ember Protocol · R25 Treasury 12.00% base 8.00% + reward 4.00% 12.00% $9.2M — Stable Single Stable/Up Deposit ↗
USDC Ember Protocol · Ember Earn 10.00% base 10.00% 10.13% $7.9M — Stable Single Stable/Up Deposit ↗
USDC Ember Protocol · Ember High Income 0.00% base 0.00% 0.00% $4.6M — Stable Single Deposit ↗
USDSUI Current · MainMarket 7.52% base 3.11% + reward 4.42% 8.14% $3.5M — Stable Single Reward-heavy Stable/Up Deposit ↗
USDC Ember Protocol · Bitwise Premium+ RWA 0.00% base 0.00% 0.00% $2.2M — Stable Single Deposit ↗
USDC-USDY Cetus CLMM · 1% 0.07% base 0.04% + reward 0.04% 0.12% $2.1M — Stable LP Reward-heavy Stable/Up Deposit ↗
USDY NAVI Lending 2.85% base 0.85% + reward 2.00% 2.93% $1.9M — Stable Single Reward-heavy Stable/Up Deposit ↗
USDC-BUCK Cetus CLMM · 1% 0.28% base 0.28% 0.33% $1.7M — Stable LP Stable/Up Deposit ↗
USDC Ember Protocol · Ember USD Metavault 10.09% base 10.09% 9.85% $1.3M — Stable Single Down Deposit ↗
USDB-BUCK Cetus CLMM · 0.1% <0.01% base <0.01% <0.01% $1.1M — Stable LP Stable/Up Deposit ↗
USDB-BUCK Bluefin Spot · 0.001% <0.01% base <0.01% <0.01% $1.1M — Stable LP Stable/Up Deposit ↗

By stablecoin

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 on Sui right now?
The highest APY among stablecoin pools with at least $1M of liquidity is 12.00%. The median stablecoin single-asset rate is 4.70%. Rates refresh every hour.
Which stablecoins pay the most?
Rates differ by coin and venue. USDC up to 12.00%, BUCK up to 0.28%, USDY up to 3.56%, USDSUI up to 7.52%, USDB up to <0.01%. 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.