Ethena sUSDe:
DefiLlama:
└ APY: 5.4% (⌀5.3%)
Pendle Market:
├ APY: 5.22% (7‑DMA)
├ APR: 5.09%
└ Implied APY: 6.58% (+0.70% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 7.7% (⌀8.4%)
Pendle Market:
├ APY: 8.71% (7‑DMA)
├ APR: 8.36%
└ Implied APY: 10.86% (-7.04% 24h)

Resolv: (+20% points)
├ RLP: 8.9% (⌀10.1%)
│ └ 4× Morpho: 15.8%
├ stUSR: 5.5% (⌀5.7%)
│ └ 4× Morpho: 10.1%
└ Curve wstUSR‑RLP: 7.3% (⌀8.3%)

Curve:
└ scrvUSD: 6.2% (⌀7.0%)

Curve LP:
├ USDC‑USDT: 3.8% (⌀3.3%)
├ USDT‑USDE: 4.8% (⌀4.8%)
├ frxUSD‑crvUSD: 11.3% (⌀11.2%) 🥈 🥇
├ USDT‑crvUSD: 9.9% (⌀9.6%)
└ USDC‑crvUSD: 9.5% (⌀9.2%)

Frax:
└ sfrxUSD: 5.1% (⌀5.1%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 5.1% (⌀6.0%)

Fluid:
Ethereum:
├ USDC: 7.1% (⌀7.2%)
└ USDT: 4.8% (⌀5.1%)

Arbitrum:
├ USDC: 7.2% (⌀6.3%)
└ USDT: 4.7% (⌀4.9%)

Base:
└ USDC: 6.1% (⌀6.3%)

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