Ethena sUSDe:
DefiLlama:
└ APY: 5.0% (⌀5.2%)
Pendle Market:
├ APY: 5.16% (7‑DMA)
├ APR: 5.03%
└ Implied APY: 6.39% (-0.87% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 20.3% (⌀15.1%) 🥈
Pendle Market:
├ APY: 14.05% (7‑DMA)
├ APR: 13.15%
└ Implied APY: 13.51% (+13.11% 24h)

Resolv: (+20% points)
├ RLP: 10.5% (⌀10.5%)
│ └ 4× Morpho: 15.8%
├ stUSR: 5.6% (⌀5.6%)
│ └ 4× Morpho: 3.5%
└ Curve wstUSR‑RLP: 8.4% (⌀8.6%)

Curve:
└ scrvUSD: 4.1% (⌀3.9%)

Curve LP:
├ USDC‑USDT: 3.5% (⌀4.6%)
├ USDT‑USDE: 4.4% (⌀3.9%)
├ frxUSD‑crvUSD: 16.5% (⌀15.7%) 🥇
├ USDT‑crvUSD: 11.8% (⌀12.4%)
└ USDC‑crvUSD: 11.2% (⌀12.1%)

Usual:
└ USD0++: 3.1% (⌀3.0%)

Frax:
└ sfrxUSD: 4.7% (⌀5.0%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.4%)

Inverse Finance:
└ sDOLA: 6.3% (⌀6.5%)

Fluid:
Ethereum:
├ USDC: 6.2% (⌀6.4%)
└ USDT: 5.9% (⌀5.9%)

Arbitrum:
├ USDC: 7.4% (⌀7.1%)
└ USDT: 7.4% (⌀6.8%)

Base:
└ USDC: 6.8% (⌀6.6%)

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