Ethena sUSDe:
DefiLlama:
└ APY: 4.5% (⌀4.5%)
Pendle Market:
├ APY: 4.41% (7‑DMA)
├ APR: 4.32%
└ Implied APY: 5.47% (+0.61% 24h)

Cap stcUSD:
DefiLlama:
└ APY: 5.8% (⌀6.2%)
Pendle Market:
├ APY: 6.16% (7‑DMA)
├ APR: 5.98%
└ Implied APY: 7.58% (-3.01% 24h)

Resolv: (+20% points)
├ RLP: 9.5% (⌀8.9%)
│ └ 4× Morpho: 17.9%
├ stUSR: 4.6% (⌀4.2%)
│ └ 4× Morpho: 0.5%
└ Curve wstUSR‑RLP: 8.7% (⌀7.5%)

Curve:
└ scrvUSD: 1.4% (⌀1.4%)

Curve LP:
├ USDC‑USDT: 3.0% (⌀3.1%)
├ USDT‑USDE: 3.3% (⌀3.8%)
├ frxUSD‑crvUSD: 8.0% (⌀8.8%)
├ USDT‑crvUSD: 7.2% (⌀7.8%)
└ USDC‑crvUSD: 6.9% (⌀7.4%)

Frax:
└ sfrxUSD: 4.3% (⌀4.3%)

MakerDAO:
└ sUSDS: 4.2% (⌀4.2%)

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

InfiniFi:
├ siUSD: 6.2% (⌀5.8%)
└ liUSD-7d: 8.0% (⌀7.4%)

Strata:
├ jrUSDe: 14.3% (⌀11.2%) 🥈 🥇
└ srUSDe: 7.1% (⌀7.2%)

Fluid:
Ethereum:
├ USDC: 5.3% (⌀5.1%)
└ USDT: 5.0% (⌀5.2%)

Arbitrum:
├ USDC: 4.9% (⌀4.7%)
└ USDT: 4.5% (⌀4.9%)

Base:
└ USDC: 5.3% (⌀5.1%)

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