Ethena sUSDe:
DefiLlama:
└ APY: 5.2% (⌀5.3%)
Pendle Market:
├ APY: 5.27% (7‑DMA)
├ APR: 5.13%
└ Implied APY: 6.96% (+0.19% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 10.5% (⌀9.7%) 🥈
Pendle Market:
├ APY: 9.60% (7‑DMA)
├ APR: 9.16%
└ Implied APY: 10.40% (+4.69% 24h)

Resolv: (+20% points)
├ RLP: 7.8% (⌀9.3%)
│ └ 4× Morpho: 9.6%
├ stUSR: 5.0% (⌀5.4%)
│ └ 4× Morpho: 10.7%
└ Curve wstUSR‑RLP: 6.7% (⌀7.7%)

Curve:
└ scrvUSD: 10.0% (⌀7.8%)

Curve LP:
├ USDC‑USDT: 2.9% (⌀3.1%)
├ USDT‑USDE: 4.3% (⌀4.6%)
├ frxUSD‑crvUSD: 10.2% (⌀10.7%) 🥇
├ USDT‑crvUSD: 9.1% (⌀9.2%)
└ USDC‑crvUSD: 8.4% (⌀8.8%)

Frax:
└ sfrxUSD: 5.1% (⌀5.1%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 5.1% (⌀5.6%)

Fluid:
Ethereum:
├ USDC: 5.7% (⌀6.5%)
└ USDT: 5.5% (⌀5.0%)

Arbitrum:
├ USDC: 5.9% (⌀6.0%)
└ USDT: 4.9% (⌀4.8%)

Base:
└ USDC: 6.1% (⌀6.1%)

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