Ethena sUSDe:
DefiLlama:
└ APY: 4.3% (⌀4.6%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 7.3% (⌀6.7%)
Pendle Market:
├ APY: 6.62% (7‑DMA)
├ APR: 6.41%
└ Implied APY: 8.77% (+5.07% 24h)

Resolv: (+20% points)
├ RLP: 7.9% (⌀8.2%)
│ └ 4× Morpho: 11.2%
├ stUSR: 4.5% (⌀4.6%)
│ └ 4× Morpho: 7.5%
└ Curve wstUSR‑RLP: 7.3% (⌀7.3%)

Curve:
└ scrvUSD: 0.8% (⌀0.7%)

Curve LP:
├ USDC‑USDT: 4.7% (⌀4.4%)
├ USDT‑USDE: 4.0% (⌀4.9%)
├ frxUSD‑crvUSD: 9.8% (⌀10.3%) 🥈 🥇
├ USDT‑crvUSD: 9.0% (⌀9.6%)
└ USDC‑crvUSD: 9.0% (⌀9.6%)

Frax:
└ sfrxUSD: 4.3% (⌀4.5%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.3%)

Inverse Finance:
└ sDOLA: 5.1% (⌀5.4%)

Fluid:
Ethereum:
├ USDC: 4.9% (⌀4.7%)
└ USDT: 6.2% (⌀6.2%)

Arbitrum:
├ USDC: 5.4% (⌀5.3%)
└ USDT: 6.2% (⌀6.1%)

Base:
└ USDC: 4.6% (⌀4.5%)

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