Earn yield on PYUSD on Ethereum
The best PYUSD yield on Ethereum right now is 6.61% on Euler V2. We track 9 live pools across staking, lending, and LP — ranked by yield.
Stablecoin pegged to the US dollar — low volatility, yield-bearing in lending. The original smart-contract chain — largest DeFi ecosystem by TVL.
Best yield
6.61%
Median yield
0.47%
Live pools
9
Total pool size
$260 M
Ranked by yield
Where to earn PYUSD on Ethereum
| Pool | Protocol | Type | Yield | Pool size |
|---|---|---|---|---|
| euler-v2 - PYUSD PYUSD | Euler V2 | Farming | 6.61% | $6.5 M |
| euler-v2 - PYUSD PYUSD | Euler V2 | Farming | 5.53% | $79 M |
| curve-dex - PYUSD-USDC PYUSD | Curve Dex | Lp | 4.63% | $51 M |
| aave-v3 - PYUSD PYUSD | Aave V3 | Lending | 3.85% | $2.4 M |
| sparklend - PYUSD PYUSD | Sparklend | Lending | 0.47% | $86 M |
| stake-dao - PYUSD-CRVUSD PYUSD | Stake Dao | Lp | 0.46% | $7.2 M |
| convex-finance - PYUSD-USDC PYUSD | Convex Finance | Farming | 0.37% | $2.4 M |
| convex-finance - PYUSD-CRVUSD PYUSD | Convex Finance | Farming | 0.37% | $11 M |
| curve-dex - PYUSD-CRVUSD PYUSD | Curve Dex | Lp | 0.22% | $18 M |
Updated 11 minutes ago
Frequently asked
PYUSD on Ethereum — common questions
Is earning yield on PYUSD on Ethereum safe? +
Every pool carries smart-contract risk. LP and lending pools layer on impermanent loss, liquidation, or oracle risk depending on the type. Stick with audited protocols, large TVL, and rates close to the median — outliers usually carry hidden risk.
How do I get PYUSD onto Ethereum? +
Most users bridge from a major exchange or use a chain-native bridge. Always test with a small amount first. Bridge fees + gas can be significant for small deposits — check the math before moving anything under $200.
What's the highest PYUSD yield on Ethereum? +
Right now Euler V2 pays roughly 6.61% APY — the top of our ranking. Higher published rates exist on smaller pools, but those usually fail the size + sanity filter we apply.
How are these yields calculated? +
Each yield combines base rewards plus any incentive token rewards, annualised. Rates fluctuate daily. We refresh hourly and only show pools above $1M TVL with rates between 0.01% and 30% to filter out scams and stale data.