Ethena sUSDe:
DefiLlama:
└ APY: 5.2% (⌀5.1%)
Pendle Market:
├ APY: 5.03% (7‑DMA)
├ APR: 4.91%
└ Implied APY: 6.69% (+0.95% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 7.3% (⌀11.9%)
Pendle Market:
├ APY: 13.05% (7‑DMA) 🥈
├ APR: 12.27%
└ Implied APY: 13.49% (-10.86% 24h)

Resolv: (+20% points)
├ RLP: 10.9% (⌀10.5%)
│ └ 4× Morpho: 23.6%
├ stUSR: 6.6% (⌀5.7%)
│ └ 4× Morpho: 15.6%
└ Curve wstUSR‑RLP: 8.7% (⌀8.9%)

Curve:
└ scrvUSD: 8.6% (⌀8.2%)

Curve LP:
├ USDC‑USDT: 3.6% (⌀3.8%)
├ USDT‑USDE: 5.2% (⌀5.3%)
├ frxUSD‑crvUSD: 10.9% (⌀13.5%) 🥇
├ USDT‑crvUSD: 8.7% (⌀10.5%)
└ USDC‑crvUSD: 8.8% (⌀9.9%)

Frax:
└ sfrxUSD: 5.1% (⌀4.8%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.4%)

Inverse Finance:
└ sDOLA: 6.5% (⌀6.9%)

Fluid:
Ethereum:
├ USDC: 7.8% (⌀6.9%)
└ USDT: 5.6% (⌀6.0%)

Arbitrum:
├ USDC: 6.2% (⌀6.4%)
└ USDT: 5.2% (⌀5.3%)

Base:
└ USDC: 6.4% (⌀6.8%)

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