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Best Yield-Bearing Stablecoins yield

Top live pools across Yield-Bearing Stablecoins, ranked by total value locked.

Best reward rate
7.44%
Aggregated TVL
$14.3 B
Protocols
21
Chains
12

Yield-bearing stablecoins are dollar-pegged tokens that earn while you hold — Ethena's sUSDe (delta-neutral basis trade), Ondo's USDY (US Treasury bills), Sky's USDS (savings rate from the MakerDAO collateral), and sDAI (Spark's DSR). The headline yield comes from the issuer's strategy, not from lending or LPing.

The risk to know: these are NOT all the same kind of dollar. Treasury-backed (USDY, OUSG, BUIDL) ≠ basis-trade (sUSDe) ≠ overcollateralized (sDAI, USDS) ≠ algorithmic (skip). Read the backing on each before treating it like USDC.

Top pools in this category

Pool Protocole Chaîne APY TVL
SUSDS Sky Lending Ethereum 3.65% $6.2 B
SUSDE Ethena Usde Ethereum 3.76% $1.8 B
USDY Ondo Yield Assets Ethereum 3.55% $990 M
USDS Centrifuge Protocol Ethereum 3.57% $940 M
USDS Sparklend Ethereum 3.88% $840 M
USDS Spark Savings Arbitrum 3.65% $360 M
SUSDS Sky Lending Arbitrum 3.65% $360 M
SUSDE Aave V3 Plasma 3.39% $290 M
USDY Ondo Yield Assets Sei 3.55% $260 M
SUSDE Aave V3 Ethereum 2.39% $240 M
DAI · SDAI Sky Lending Ethereum 1.25% $230 M
USDS Spark Savings Base 3.65% $220 M
USDY Ondo Yield Assets Solana 3.55% $180 M
USDS Sparklend Ethereum 2.24% $150 M
USDE Aave V3 Plasma 4.80% $140 M
USDY Ondo Yield Assets Stellar 3.55% $120 M
PYUSD · USDS Curve Dex Ethereum 0.16% $100 M
SFRXETH Frax Ether Ethereum 2.81% $86 M
USDE Aave V3 Ethereum 4.28% $80 M
SDAI Sdai Gnosis 4.12% $75 M
SFRAX Frax Ethereum 0.48% $65 M
DOLA · SUSDE Curve Dex Ethereum 3.44% $61 M
SUSDE Aave V3 Mantle 3.75% $60 M
DOLA · SUSDE Convex Finance Ethereum 2.24% $56 M
FRAX · USDE Curve Dex Ethereum 1.26% $55 M
FRAX · USDE Convex Finance Ethereum 1.93% $55 M
USDY Ondo Yield Assets Mantle 3.55% $29 M
USDY Ondo Yield Assets Sui 3.55% $23 M
USDS Aave V3 Ethereum 0.18% $13 M
USDY Ondo Yield Assets Noble 3.55% $15 M
SUSDE Pendle Ethereum 4.96% $13 M
SUSDE Pendle Ethereum 4.25% $13 M
USDS Jupiter Lend Solana 4.90% $12 M
USD0 Euler V2 Ethereum 0.91% $12 M
USDG · USDE Orca Dex Solana 1.36% $11 M
SUSDE Pendle Plasma 5.36% $8 M
SUSDE Pendle Plasma 4.34% $8 M
USDY Ondo Yield Assets Osmosis 3.55% $7.3 M
USDS · STUSDS Curve Dex Ethereum 4.25% $7.2 M
SDAI · SUSDE Curve Dex Ethereum 3.04% $7.1 M
USDS Yearn Finance Ethereum 6.17% $7 M
USDS Yearn Finance Ethereum 2.97% $6.9 M
USDG · USDE Kamino Liquidity Solana 1.35% $5.8 M
USDY Ondo Yield Assets Arbitrum 3.55% $5.6 M
DOLA · SUSDE Yearn Finance Ethereum 5.08% $5.2 M
USDE Aave V3 Mantle 4.08% $5.2 M
USDE · USDT Uniswap V4 Ethereum 7.29% $3.8 M
USDS · STUSDS Beefy Ethereum 4.61% $3.7 M
USD0 · BUSD0 Curve Dex Ethereum 0.32% $3.7 M
MNT · USDE Uniswap V3 Ethereum 7.05% $3.7 M

Updated hourly. Yields are pre-fee; check each pool's detail for current state and risk notes.

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