Ethena sUSDe:
DefiLlama:
└ APY: 4.6% (⌀5.2%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 5.8% (⌀7.3%)
Pendle Market:
├ APY: 7.59% (7‑DMA)
├ APR: 7.31%
└ Implied APY: 10.19% (-8.29% 24h)

Resolv: (+20% points)
├ RLP: 9.5% (⌀8.0%)
│ └ 4× Morpho: 19.6%
├ stUSR: 5.4% (⌀4.6%)
│ └ 4× Morpho: 18.4%
└ Curve wstUSR‑RLP: 7.8% (⌀7.0%)

Curve:
└ scrvUSD: 7.7% (⌀10.3%)

Curve LP:
├ USDC‑USDT: 4.8% (⌀4.3%)
├ USDT‑USDE: 8.8% (⌀6.1%)
├ frxUSD‑crvUSD: 11.6% (⌀11.6%) 🥈 🥇
├ USDT‑crvUSD: 10.7% (⌀10.3%)
└ USDC‑crvUSD: 10.6% (⌀9.8%)

Frax:
└ sfrxUSD: 4.6% (⌀5.0%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 5.8% (⌀5.4%)

Fluid:
Ethereum:
├ USDC: 4.7% (⌀4.8%)
└ USDT: 6.3% (⌀5.8%)

Arbitrum:
├ USDC: 5.1% (⌀5.4%)
└ USDT: 5.7% (⌀5.6%)

Base:
└ USDC: 5.4% (⌀5.6%)

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