Ethena sUSDe:
DefiLlama:
└ APY: 4.2% (⌀4.7%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 4.8% (⌀5.8%)
Pendle Market:
├ APY: 6.09% (7‑DMA)
├ APR: 5.92%
└ Implied APY: 8.52% (-5.94% 24h)

Resolv: (+20% points)
├ RLP: 8.5% (⌀8.5%)
│ └ 4× Morpho: 11.0%
├ stUSR: 4.7% (⌀4.8%)
│ └ 4× Morpho: 2.5%
└ Curve wstUSR‑RLP: 8.6% (⌀7.6%)

Curve:
└ scrvUSD: 0% (⌀2.7%)

Curve LP:
├ USDC‑USDT: 4.5% (⌀4.4%)
├ USDT‑USDE: 5.2% (⌀5.1%)
├ frxUSD‑crvUSD: 10.4% (⌀10.9%) 🥈 🥇
├ USDT‑crvUSD: 10.0% (⌀10.1%)
└ USDC‑crvUSD: 9.7% (⌀10.0%)

Frax:
└ sfrxUSD: 4.5% (⌀4.6%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.4%)

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

Fluid:
Ethereum:
├ USDC: 4.9% (⌀4.6%)
└ USDT: 6.2% (⌀6.2%)

Arbitrum:
├ USDC: 5.6% (⌀5.2%)
└ USDT: 6.8% (⌀6.0%)

Base:
└ USDC: 4.9% (⌀4.7%)

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