Ethena sUSDe:
DefiLlama:
└ APY: 5.1% (⌀5.0%)
Pendle Market:
├ APY: 5.02% (7‑DMA)
├ APR: 4.90%
└ Implied APY: 6.25% (-0.73% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 12.7% (⌀15.7%)
Pendle Market:
├ APY: 15.77% (7‑DMA) 🥈
├ APR: 14.64%
└ Implied APY: 14.04% (-3.65% 24h)

Resolv: (+20% points)
├ RLP: 10.3% (⌀10.3%)
│ └ 4× Morpho: 16.7%
├ stUSR: 5.4% (⌀5.5%)
│ └ 4× Morpho: 15.1%
└ Curve wstUSR‑RLP: 7.9% (⌀8.7%)

Curve:
└ scrvUSD: 8.5% (⌀6.9%)

Curve LP:
├ USDC‑USDT: 3.6% (⌀4.1%)
├ USDT‑USDE: 5.7% (⌀5.1%)
├ frxUSD‑crvUSD: 11.3% (⌀14.3%)
├ USDT‑crvUSD: 9.0% (⌀11.0%)
└ USDC‑crvUSD: 8.4% (⌀10.5%)

Frax:
└ sfrxUSD: 4.7% (⌀4.7%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.4%)

Inverse Finance:
└ sDOLA: 6.8% (⌀6.9%)

Fluid:
Ethereum:
├ USDC: 5.9% (⌀6.3%)
└ USDT: 6.4% (⌀6.3%)

Arbitrum:
├ USDC: 3.9% (⌀6.4%)
└ USDT: 3.8% (⌀6.1%)

Base:
└ USDC: 6.4% (⌀6.8%)

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