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: 7.0% (⌀6.6%)
Pendle Market:
├ APY: 6.62% (7‑DMA)
├ APR: 6.41%
└ Implied APY: 8.72% (-0.46% 24h)

Resolv: (+20% points)
├ RLP: 8.0% (⌀8.2%)
│ └ 4× Morpho: 12.1%
├ stUSR: 4.5% (⌀4.6%)
│ └ 4× Morpho: 7.8%
└ Curve wstUSR‑RLP: 7.2% (⌀7.3%)

Curve:
└ scrvUSD: 1.5% (⌀0.6%)

Curve LP:
├ USDC‑USDT: 3.1% (⌀3.7%)
├ USDT‑USDE: 4.1% (⌀4.6%)
├ frxUSD‑crvUSD: 8.9% (⌀9.8%) 🥈 🥇
├ USDT‑crvUSD: 8.6% (⌀9.3%)
└ USDC‑crvUSD: 8.0% (⌀8.9%)

Frax:
└ sfrxUSD: 4.3% (⌀4.4%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.2%)

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

Fluid:
Ethereum:
├ USDC: 5.4% (⌀5.0%)
└ USDT: 5.6% (⌀6.1%)

Arbitrum:
├ USDC: 5.3% (⌀5.4%)
└ USDT: 5.8% (⌀6.2%)

Base:
└ USDC: 4.7% (⌀4.6%)

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