Ethena sUSDe:
DefiLlama:
└ APY: 5.1% (⌀5.0%)
Pendle Market:
├ APY: 5.06% (7‑DMA)
├ APR: 4.94%
└ Implied APY: 6.43% (-0.60% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 14.4% (⌀16.1%)
Pendle Market:
├ APY: 16.36% (7‑DMA) 🥈
├ APR: 15.16%
└ Implied APY: 14.85% (+2.28% 24h)

Resolv: (+20% points)
├ RLP: 10.1% (⌀10.6%)
│ └ 4× Morpho: -1.4%
├ stUSR: 5.4% (⌀5.6%)
│ └ 4× Morpho: 15.8%
└ Curve wstUSR‑RLP: 8.1% (⌀8.9%)

Curve:
└ scrvUSD: 8.8% (⌀6.3%)

Curve LP:
├ USDC‑USDT: 4.8% (⌀4.3%)
├ USDT‑USDE: 5.8% (⌀4.8%)
├ frxUSD‑crvUSD: 11.9% (⌀14.8%)
├ USDT‑crvUSD: 10.6% (⌀11.6%)
└ USDC‑crvUSD: 9.9% (⌀11.0%)

Frax:
└ sfrxUSD: 4.7% (⌀4.8%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.4%)

Inverse Finance:
└ sDOLA: 7.5% (⌀6.9%)

Fluid:
Ethereum:
├ USDC: 6.3% (⌀6.6%)
└ USDT: 6.4% (⌀6.2%)

Arbitrum:
├ USDC: 6.4% (⌀7.2%)
└ USDT: 6.7% (⌀7.0%)

Base:
└ USDC: 6.7% (⌀6.8%)

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