Ethena sUSDe:
DefiLlama:
└ APY: 4.4% (⌀4.3%)
Pendle Market:
├ APY: 5.29% (7‑DMA)
├ APR: 5.16%
└ Implied APY: 0.00% (+0.16% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 4.4% (⌀6.2%)
Pendle Market:
├ APY: 6.20% (7‑DMA)
├ APR: 6.02%
└ Implied APY: 7.97% (-2.53% 24h)

Resolv: (+20% points)
├ RLP: 8.3% (⌀8.1%)
│ └ 4× Morpho: 12.9%
├ stUSR: 3.5% (⌀4.3%)
│ └ 4× Morpho: -4.5%
└ Curve wstUSR‑RLP: 6.5% (⌀6.8%)

Curve:
└ scrvUSD: 1.5% (⌀1.1%)

Curve LP:
├ USDC‑USDT: 3.3% (⌀3.6%)
├ USDT‑USDE: 5.0% (⌀4.6%)
├ frxUSD‑crvUSD: 8.9% (⌀9.3%) 🥈 🥇
├ USDT‑crvUSD: 8.0% (⌀8.8%)
└ USDC‑crvUSD: 7.6% (⌀8.4%)

Frax:
└ sfrxUSD: 4.3% (⌀4.3%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.2%)

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

Fluid:
Ethereum:
├ USDC: 5.0% (⌀5.0%)
└ USDT: 5.7% (⌀6.0%)

Arbitrum:
├ USDC: 4.7% (⌀5.2%)
└ USDT: 5.0% (⌀5.8%)

Base:
└ USDC: 4.6% (⌀4.6%)

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