Ethena sUSDe:
DefiLlama:
└ APY: 5.2% (⌀5.0%)
Pendle Market:
├ APY: 4.98% (7‑DMA)
├ APR: 4.86%
└ Implied APY: 6.51% (-0.83% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 8.1% (⌀14.0%)
Pendle Market:
├ APY: 14.64% (7‑DMA) 🥈
├ APR: 13.67%
└ Implied APY: 13.62% (-7.13% 24h)

Resolv: (+20% points)
├ RLP: 10.9% (⌀10.4%)
│ └ 4× Morpho: 23.0%
├ stUSR: 5.7% (⌀5.5%)
│ └ 4× Morpho: 11.7%
└ Curve wstUSR‑RLP: 9.0% (⌀8.9%)

Curve:
└ scrvUSD: 8.2% (⌀7.5%)

Curve LP:
├ USDC‑USDT: 3.5% (⌀3.9%)
├ USDT‑USDE: 5.1% (⌀5.2%)
├ frxUSD‑crvUSD: 10.8% (⌀13.4%)
├ USDT‑crvUSD: 8.6% (⌀10.4%)
└ USDC‑crvUSD: 8.7% (⌀9.9%)

Frax:
└ sfrxUSD: 4.9% (⌀4.7%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.4%)

Inverse Finance:
└ sDOLA: 6.4% (⌀6.9%)

Fluid:
Ethereum:
├ USDC: 6.4% (⌀6.4%)
└ USDT: 5.6% (⌀6.1%)

Arbitrum:
├ USDC: 6.1% (⌀6.6%)
└ USDT: 3.5% (⌀5.4%)

Base:
└ USDC: 6.5% (⌀6.8%)

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