Stablecoin Yields
Best available APY for each stablecoin across all tracked protocols.
The largest stablecoin by market cap, issued by Tether Ltd and backed by US Treasuries and cash equivalents.
Next-generation stablecoin from Frax, fully collateralised by US Treasuries and bank deposits.
Regulated US-dollar stablecoin issued by Circle, redeemable 1:1 for USD. Backed by US Treasuries and cash.
Fractional-algorithmic stablecoin using a hybrid collateral model. Being transitioned toward FRXUSD.
Overcollateralised stablecoin by Curve Finance using the LLAMMA continuous liquidation mechanism.
Synthetic US dollar issued by the Synthetix protocol, backed by staked SNX tokens.
Pax Dollar — NYDFS-regulated stablecoin issued by Paxos, backed 1:1 by USD held in segregated accounts.
The upgraded stablecoin of the Sky ecosystem, convertible 1:1 with DAI and eligible for the Sky Savings Rate.
Native decentralised stablecoin minted by the Aave protocol against collateral deposited in Aave V3.
Decentralised, collateral-backed stablecoin soft-pegged to the US dollar. Earn yield via the DAI Savings Rate.
Yield-bearing stablecoin backed by short-term US Treasuries, passing government bond yield on-chain.
Global Dollar by Paxos — a regulated stablecoin backed 1:1 by USD and US Treasuries in segregated accounts.
Regulated stablecoin issued by Paxos on behalf of PayPal, backed 1:1 by USD deposits and US Treasuries.
Regulated stablecoin with real-time attestations. Declining DeFi presence following issuer challenges.
Decentralised stablecoin collateralised solely by ETH, with immutable contracts and no governance.
No longer minted since February 2023. Existing supply redeemable through Paxos but no new deposits advised.