Ethena sUSDe:
DefiLlama:
└ APY: 5.2% (⌀5.2%)
Pendle Market:
├ APY: 5.11% (7‑DMA)
├ APR: 4.98%
└ Implied APY: 6.64% (+0.75% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 10.3% (⌀10.8%)
Pendle Market:
├ APY: 10.87% (7‑DMA)
├ APR: 10.32%
└ Implied APY: 13.08% (-6.63% 24h)

Resolv: (+20% points)
├ RLP: 10.8% (⌀10.3%)
│ └ 4× Morpho: 22.9%
├ stUSR: 5.9% (⌀5.6%)
│ └ 4× Morpho: 16.4%
└ Curve wstUSR‑RLP: 8.4% (⌀8.4%)

Curve:
└ scrvUSD: 6.8% (⌀8.3%)

Curve LP:
├ USDC‑USDT: 3.2% (⌀3.6%)
├ USDT‑USDE: 4.9% (⌀5.2%)
├ frxUSD‑crvUSD: 10.9% (⌀13.5%) 🥈 🥇
├ USDT‑crvUSD: 8.7% (⌀10.5%)
└ USDC‑crvUSD: 8.8% (⌀9.9%)

Frax:
└ sfrxUSD: 5.1% (⌀4.9%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 6.4% (⌀6.8%)

Fluid:
Ethereum:
├ USDC: 6.4% (⌀6.9%)
└ USDT: 5.3% (⌀5.6%)

Arbitrum:
├ USDC: 6.0% (⌀6.0%)
└ USDT: 5.1% (⌀4.8%)

Base:
└ USDC: 6.2% (⌀6.6%)

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