STABLE · USD
PYUSD
Stablecoin pegged to the US dollar — low volatility, yield-bearing in lending.
Reward rate
—
per year, native
Spot price
$0.9998
USD
Market cap
$2.81Billion
fully diluted
PYUSD price · USD
Market cap
$2.81Billion
Circulating
2.81Billion PYUSD
Note
PYUSD doesn't have native staking. Look for DeFi yield options below — supplying liquidity, lending, or wrapped-token staking.
DeFi alternatives
Use PYUSD in DeFi instead
Pools where you can supply liquidity, lend, or earn rewards using PYUSD. Higher rates than native staking — and higher risk.
| Pool | Protocol | Chain | Type | APY | TVL |
|---|---|---|---|---|---|
| sentora - PYUSD PYUSD | Sentora | Solana | farming | 6.39% | $116Million |
| sparklend - PYUSD PYUSD | Sparklend | Ethereum | lending | 0.3% | $90.9Million |
| curve-dex - PYUSD-USDC USDC · PYUSD | Curve Dex | Ethereum | lp | 4.87% | $42.4Million |
| orca-dex - PYUSD-USDC USDC · PYUSD | Orca Dex | Solana | lp | 0.01% | $19.5Million |
| kamino-liquidity - PYUSD-USDC USDC · PYUSD | Kamino Liquidity | Solana | farming | 0.02% | $19.5Million |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | lp | 2.77% | $13.9Million |
| orca-dex - PYUSD-PRIME PRIME · PYUSD | Orca Dex | Solana | lp | 0.24% | $9.65Million |
| euler-v2 - PYUSD PYUSD | Euler V2 | Ethereum | farming | 4.28% | $6.96Million |
| convex-finance - PYUSD-USDC USDC · PYUSD | Convex Finance | Ethereum | farming | 0.08% | $6.47Million |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | farming | 3.0% | $5.07Million |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | farming | 3.04% | $4.81Million |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | farming | 4.57% | $2.22Million |
| orca-dex - PYUSD-USDE USDE · PYUSD | Orca Dex | Solana | lp | 0.07% | $2.15Million |
| sentora - PYUSD PYUSD | Sentora | Ethereum | lending | 8.36% | $2.09Million |
| aave-v3 - PYUSD PYUSD | Aave V3 | Ethereum | lending | 3.72% | $1.32Million |
| curve-dex - PYUSD-CRVUSD PYUSD · CRVUSD | Curve Dex | Ethereum | lp | 2.7% | $1.2Million |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | farming | 3.81% | $830Thousand |
| convex-finance - PYUSD-CRVUSD PYUSD · CRVUSD | Convex Finance | Ethereum | farming | 5.01% | $658Thousand |
| beefy - PYUSD-USDC USDC · PYUSD | Beefy | Ethereum | lp | 4.58% | $559Thousand |
| raydium-amm - PYUSD-USDT USDT · PYUSD | Raydium Amm | Solana | lp | 3.55% | $350Thousand |
| uniswap-v3 - PYUSD-USDT USDT · PYUSD | Uniswap V3 | Ethereum | lp | 0.99% | $292Thousand |
| stake-dao - PYUSD-USDC USDC · PYUSD | Stake Dao | Ethereum | lp | 4.93% | $220Thousand |
| fusion-by-ipor - PYUSD PYUSD | Fusion By Ipor | Ethereum | lending | 0.0% | $198Thousand |
| uniswap-v3 - PYUSD-USDC USDC · PYUSD | Uniswap V3 | Ethereum | lp | 5.62% | $193Thousand |
| beefy - PYUSD-CRVUSD PYUSD · CRVUSD | Beefy | Ethereum | farming | 4.77% | $94.7Thousand |
| stake-dao - PYUSD-CRVUSD PYUSD · CRVUSD | Stake Dao | Ethereum | lp | 5.66% | $79.8Thousand |
| project-0 - PYUSD PYUSD | Project 0 | Solana | lending | 5.72% | $57Thousand |
| project-0 - PYUSD PYUSD | Project 0 | Solana | lending | 4.68% | $56.8Thousand |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | lp | 6.27% | $53Thousand |
| orca-dex - PYUSD-USDT USDT · PYUSD | Orca Dex | Solana | lp | 0.41% | $52.3Thousand |
| kamino-liquidity - PYUSD-USDT USDT · PYUSD | Kamino Liquidity | Solana | farming | 0.0% | $51.6Thousand |
| uniswap-v4 - PYUSD-USDC USDC · PYUSD | Uniswap V4 | Arbitrum | lp | 0.56% | $51.5Thousand |
| spark-savings - PYUSD PYUSD | Spark Savings | Ethereum | lending | 3.52% | $30.6Thousand |
| uniswap-v3 - PYUSD-USDT USDT · PYUSD | Uniswap V3 | Ethereum | lp | 9.71% | $26.4Thousand |
| orca-dex - SOL-PYUSD PYUSD · SOL | Orca Dex | Solana | lp | 0.02% | $25.6Thousand |
| curve-dex - FRAX-PYUSD PYUSD · FRAX | Curve Dex | Ethereum | lp | 0.0% | $25.4Thousand |
| curve-dex - FRXUSD-PYUSD PYUSD · FRXUSD | Curve Dex | Fraxtal | lp | 1.9% | $23.4Thousand |
| project-0 - PYUSD PYUSD | Project 0 | Solana | lending | 6.42% | $23.2Thousand |
| kamino-liquidity - PYUSD-PRIME PRIME · PYUSD | Kamino Liquidity | Solana | farming | 0.0% | $20.5Thousand |
| kamino-lend - PYUSD PYUSD | Kamino Lend | Solana | farming | 0.16% | $14Thousand |
| ekubo - PYUSD-USDC USDC · PYUSD | Ekubo | Ethereum | farming | 10.51% | $12.5Thousand |
| raydium-amm - PYUSD-USDC USDC · PYUSD | Raydium Amm | Solana | lp | 0.43% | $11Thousand |
| save - PYUSD PYUSD | Save | Solana | lp | 1.2% | $8.89Thousand |
| project-0 - PYUSD PYUSD | Project 0 | Solana | lending | 7.39% | $6.55Thousand |
| euler-v2 - PYUSD PYUSD | Euler V2 | Ethereum | farming | 16.2% | $0 |
Where it earns most
PYUSD earns yield on 4 chains
Top reward rate on each chain. Pick the one you already use — bridging adds fees and a separate risk surface.
Background reading
Learn more before staking PYUSD
Guide
Which tokens earn yield, and why?
Not every token is stakeable. The ones that are split into a few categories — natives, liquid-staking tokens, stablecoins.
Read the guide →
Guide
Liquid staking, in plain English
How stETH, rETH, and similar tokens let you earn staking yield without giving up the ability to sell.
Read the guide →
Guide
What's a staking provider?
The brand running the validator. Why your choice of provider matters more than your choice of token.
Read the guide →
Frequently asked
What people ask about staking PYUSD
What is staking PYUSD?
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Staking PYUSD means locking your PYUSD with a validator that helps secure the network. The network pays you new tokens as a reward — like interest on a savings account, but the rate is set by the protocol, not a bank.
How much can I earn from staking PYUSD?
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Right now, staking PYUSD pays varies — check the validator list above, after the validator's commission. The exact number depends on which validator you pick. The list above is sorted by reward rate.
Is staking safe?
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Your PYUSD stays in your wallet — you delegate trust, not custody. The two real risks are slashing (rare; the network can shrink your balance if your validator misbehaves) and lock-up (you can't sell instantly during the unbonding period). Picking a validator with a track record neutralizes most of the risk.
Can I unstake whenever I want?
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Yes, but unstaking is not instant. Most chains have an unbonding period of a few days to a few weeks during which you don't earn rewards and can't sell. If you need instant exit, look for a liquid-staking option — you get a tradeable receipt token for your staked balance.
What wallet do I need?
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Any non-custodial wallet that supports PYUSD. Connect, choose a validator from the list above, click delegate, sign the transaction. The flow is short and you don't transfer the tokens — you grant the validator the right to use your stake to vote on the network.
See also
Terms used on this page
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APY
Annual Percentage Yield — the yearly return on a deposit assuming rewards are continuously reinvested. Always slightly higher than APR.
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Validator Commission
The fee a validator takes from staking rewards before passing the rest to delegators. Often 5–15%; lower means more of the reward reaches you.
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Slashing
An automatic penalty where part of a validator's stake is destroyed for misbehaviour or extended downtime. Real risk for delegators too.
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Liquid Staking Token (LST)
A receipt token issued by a liquid staking protocol that represents your staked position and accrues rewards. Examples: stETH, rETH, jitoSOL.
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Unbonding Period
The waiting time after you unstake before tokens become liquid again. Ranges from minutes (Ethereum LSTs) to 21+ days (Cosmos chains).



