Ethena sUSDe:
DefiLlama:
└ APY: 4.5% (⌀4.4%)
Pendle Market:
├ APY: 4.36% (7‑DMA)
├ APR: 4.26%
└ Implied APY: 5.69% (+0.64% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 7.1% (⌀6.4%)
Pendle Market:
├ APY: 6.37% (7‑DMA)
├ APR: 6.18%
└ Implied APY: 8.14% (-0.31% 24h)

Resolv: (+20% points)
├ RLP: 9.7% (⌀8.5%)
│ └ 4× Morpho: 18.9%
├ stUSR: 4.3% (⌀4.2%)
│ └ 4× Morpho: 5.8%
└ Curve wstUSR‑RLP: 7.6% (⌀7.0%)

Curve:
└ scrvUSD: 1.4% (⌀1.4%)

Curve LP:
├ USDC‑USDT: 3.5% (⌀3.3%)
├ USDT‑USDE: 3.6% (⌀4.1%)
├ frxUSD‑crvUSD: 9.2% (⌀9.2%) 🥇
├ USDT‑crvUSD: 7.9% (⌀8.3%)
└ USDC‑crvUSD: 7.5% (⌀7.8%)

Frax:
└ sfrxUSD: 4.3% (⌀4.3%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.2%)

Inverse Finance:
└ sDOLA: 5.5% (⌀5.3%)

InfiniFi:
├ siUSD: 6.4% (⌀5.5%)
└ liUSD-7d: 8.1% (⌀7.1%)

Strata:
├ jrUSDe: 9.8% (⌀8.6%) 🥈
└ srUSDe: 7.1% (⌀7.6%)

Fluid:
Ethereum:
├ USDC: 5.0% (⌀5.1%)
└ USDT: 5.1% (⌀5.4%)

Arbitrum:
├ USDC: 4.8% (⌀4.9%)
└ USDT: 4.8% (⌀5.3%)

Base:
└ USDC: 5.6% (⌀4.9%)

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