Ethena sUSDe:
DefiLlama:
└ APY: 4.8% (⌀5.2%)
Pendle Market:
├ APY: 5.26% (7‑DMA)
├ APR: 5.13%
└ Implied APY: 6.52% (+2.56% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 15.3% (⌀11.6%)
Pendle Market:
├ APY: 11.05% (7‑DMA)
├ APR: 10.49%
└ Implied APY: 13.22% (+12.69% 24h)

Resolv: (+20% points)
├ RLP: 10.6% (⌀10.5%)
│ └ 4× Morpho: -4.5%
├ stUSR: 5.8% (⌀5.6%)
│ └ 4× Morpho: 2.8%
└ Curve wstUSR‑RLP: 9.1% (⌀8.7%)

Curve:
└ scrvUSD: 3.9% (⌀4.0%)

Curve LP:
├ USDC‑USDT: 5.2% (⌀4.7%)
├ USDT‑USDE: 3.6% (⌀3.7%)
├ frxUSD‑crvUSD: 16.4% (⌀15.7%) 🥈 🥇
├ USDT‑crvUSD: 11.2% (⌀12.3%)
└ USDC‑crvUSD: 11.1% (⌀12.1%)

Usual:
└ USD0++: 3.1% (⌀2.8%)

Frax:
└ sfrxUSD: 5.0% (⌀5.2%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 6.3% (⌀6.4%)

Fluid:
Ethereum:
├ USDC: 7.2% (⌀6.9%)
└ USDT: 5.7% (⌀5.7%)

Arbitrum:
├ USDC: 7.5% (⌀7.3%)
└ USDT: 7.2% (⌀6.7%)

Base:
└ USDC: 6.9% (⌀6.5%)

DefiLlama data updates once per day.
⌀ – 7‑day average