Ethena sUSDe:
DefiLlama:
└ APY: 4.7% (⌀5.0%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 7.0% (⌀7.1%)
Pendle Market:
├ APY: 6.93% (7‑DMA)
├ APR: 6.70%
└ Implied APY: 10.28% (+0.35% 24h)

Resolv: (+20% points)
├ RLP: 4.5% (⌀7.9%)
│ └ 4× Morpho: -0.6%
├ stUSR: 2.6% (⌀4.5%)
│ └ 4× Morpho: -0.4%
└ Curve wstUSR‑RLP: 5.0% (⌀6.9%)

Curve:
└ scrvUSD: 7.4% (⌀8.9%)

Curve LP:
├ USDC‑USDT: 3.7% (⌀4.4%)
├ USDT‑USDE: 4.7% (⌀5.7%)
├ frxUSD‑crvUSD: 10.4% (⌀11.5%) 🥈 🥇
├ USDT‑crvUSD: 9.5% (⌀10.4%)
└ USDC‑crvUSD: 9.3% (⌀10.1%)

Frax:
└ sfrxUSD: 4.6% (⌀4.8%)

MakerDAO:
└ sUSDS: 4.5% (⌀4.5%)

Inverse Finance:
└ sDOLA: 5.8% (⌀5.6%)

Fluid:
Ethereum:
├ USDC: 4.6% (⌀4.8%)
└ USDT: 5.9% (⌀6.1%)

Arbitrum:
├ USDC: 5.0% (⌀5.3%)
└ USDT: 5.0% (⌀5.5%)

Base:
└ USDC: 4.7% (⌀5.2%)

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