Ethena sUSDe:
DefiLlama:
└ APY: 4.9% (⌀4.8%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 5.7% (⌀6.4%)
Pendle Market:
├ APY: 6.48% (7‑DMA)
├ APR: 6.28%
└ Implied APY: 8.35% (-5.34% 24h)

Resolv: (+20% points)
├ RLP: 8.4% (⌀8.5%)
│ └ 4× Morpho: 13.1%
├ stUSR: 4.5% (⌀4.8%)
│ └ 4× Morpho: 6.9%
└ Curve wstUSR‑RLP: 7.3% (⌀7.4%)

Curve:
└ scrvUSD: 0% (⌀3.8%)

Curve LP:
├ USDC‑USDT: 3.7% (⌀4.3%)
├ USDT‑USDE: 5.3% (⌀5.6%)
├ frxUSD‑crvUSD: 10.9% (⌀11.2%) 🥈 🥇
├ USDT‑crvUSD: 10.5% (⌀10.3%)
└ USDC‑crvUSD: 10.1% (⌀10.2%)

Frax:
└ sfrxUSD: 4.6% (⌀4.6%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.4%)

Inverse Finance:
└ sDOLA: 5.0% (⌀5.7%)

Fluid:
Ethereum:
├ USDC: 4.8% (⌀4.6%)
└ USDT: 6.4% (⌀6.3%)

Arbitrum:
├ USDC: 5.5% (⌀5.2%)
└ USDT: 6.8% (⌀5.8%)

Base:
└ USDC: 4.5% (⌀4.7%)

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