Ethena sUSDe:
DefiLlama:
└ APY: 4.3% (⌀4.5%)
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: 6.65% (7‑DMA)
├ APR: 6.44%
└ Implied APY: 8.76% (+0.53% 24h)

Resolv: (+20% points)
├ RLP: 8.1% (⌀8.7%)
│ └ 4× Morpho: 12.6%
├ stUSR: 4.4% (⌀4.8%)
│ └ 4× Morpho: 2.2%
└ Curve wstUSR‑RLP: 6.7% (⌀7.5%)

Curve:
└ scrvUSD: 1.3% (⌀0.4%)

Curve LP:
├ USDC‑USDT: 3.2% (⌀4.1%)
├ USDT‑USDE: 3.7% (⌀4.7%)
├ frxUSD‑crvUSD: 9.8% (⌀10.1%) 🥈 🥇
├ USDT‑crvUSD: 9.1% (⌀9.6%)
└ USDC‑crvUSD: 8.3% (⌀9.3%)

Frax:
└ sfrxUSD: 4.3% (⌀4.4%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.2%)

Inverse Finance:
└ sDOLA: 5.2% (⌀5.3%)

Fluid:
Ethereum:
├ USDC: 5.2% (⌀4.8%)
└ USDT: 5.8% (⌀6.1%)

Arbitrum:
├ USDC: 5.4% (⌀5.3%)
└ USDT: 5.9% (⌀6.2%)

Base:
└ USDC: 4.6% (⌀4.5%)

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