Stablecoin Yields

Best available APY for each stablecoin across all tracked protocols.

USDC logo
USDC
Circle
41.16% Best APY

Regulated US-dollar stablecoin issued by Circle, redeemable 1:1 for USD. Backed by US Treasuries and cash.

USDT logo
USDT
Tether
36.08% Best APY

The largest stablecoin by market cap, issued by Tether Ltd and backed by US Treasuries and cash equivalents.

USD
USDS
Sky
23.16% Best APY

The upgraded stablecoin of the Sky ecosystem, convertible 1:1 with DAI and eligible for the Sky Savings Rate.

CRVUSD logo
CRVUSD
Curve Finance
22.96% Best APY

Overcollateralised stablecoin by Curve Finance using the LLAMMA continuous liquidation mechanism.

FRX
FRXUSD
Frax Finance
16.46% Best APY

Next-generation stablecoin from Frax, fully collateralised by US Treasuries and bank deposits.

PYU
PYUSD
PayPal / Paxos
15.47% Best APY

Regulated stablecoin issued by Paxos on behalf of PayPal, backed 1:1 by USD deposits and US Treasuries.

USDP logo
USDP
Paxos
11.96% Best APY

Pax Dollar — NYDFS-regulated stablecoin issued by Paxos, backed 1:1 by USD held in segregated accounts.

USD
USDG
Paxos
10.51% Best APY

Global Dollar by Paxos — a regulated stablecoin backed 1:1 by USD and US Treasuries in segregated accounts.

DAI logo
DAI
Sky (MakerDAO)
10.11% Best APY

Decentralised, collateral-backed stablecoin soft-pegged to the US dollar. Earn yield via the DAI Savings Rate.

USD
USDY
Ondo Finance
7.52% Best APY

Yield-bearing stablecoin backed by short-term US Treasuries, passing government bond yield on-chain.

GHO logo
GHO
Aave
6.98% Best APY

Native decentralised stablecoin minted by the Aave protocol against collateral deposited in Aave V3.

FRAX logo
FRAX
Frax Finance
6.4% Best APY

Fractional-algorithmic stablecoin using a hybrid collateral model. Being transitioned toward FRXUSD.

SUS
SUSD
Synthetix
5.16% Best APY

Synthetic US dollar issued by the Synthetix protocol, backed by staked SNX tokens.

TUSD logo
TUSD
TrueUSD
1.67% Best APY

Regulated stablecoin with real-time attestations. Declining DeFi presence following issuer challenges.

LUSD logo
LUSD
Liquity
1% Best APY

Decentralised stablecoin collateralised solely by ETH, with immutable contracts and no governance.

BUSD logo
BUSD
Paxos / Binance
0.25% Best APY

No longer minted since February 2023. Existing supply redeemable through Paxos but no new deposits advised.