Stablecoin Yield Comparison
Compare yields across top DeFi protocols and CeFi platforms. Risk-rated and updated hourly.
8
Platforms
5.4%
Best APY
$6.9B
Total TVL
Yield Calculator
See how much you could earn per year
Estimates based on current APY. Actual yields fluctuate — always verify on the protocol.
How Much Can You Earn on DeFi?
Non-custodial — you keep control of your funds via smart contracts. Check gas fees before depositing. Need stablecoins? Buy USDT here.
Ondo USDY
EthereumBest APY
Pool breakdown
Aave V3
EthereumBest APY
Pool breakdown
Spark Lend
EthereumBest APY
Pool breakdown
Fluid
EthereumBest APY
Pool breakdown
Compound V3
EthereumBest APY
Pool breakdown
What Do CeFi Platforms Pay?
Custodial — the exchange holds your funds and manages the lending. For a deeper comparison, see our staking guide.
Binance Earn
CeFiAPY Range
~2–10%
Centralized exchange risk (custody), largest exchange by volume
Rates as of Mar 16, 2026
OKX Earn
CeFiAPY Range
~2–8%
Centralized exchange risk (custody), proof-of-reserves published
Rates as of Mar 16, 2026
Risk Rating Criteria
Frequently Asked Questions
Learn the basics of stablecoin yields
How Do Stablecoin Yields Actually Work?
Stablecoin yield comes from lending your USDT or USDC to borrowers through DeFi protocols or centralized platforms. Borrowers pay interest, and you earn a share of that interest as APY (Annual Percentage Yield).
DeFi protocols like Aave and Compound are non-custodial — you keep control of your funds via smart contracts. CeFi platforms like Binance Earn are custodial — the exchange holds your funds and manages the lending.
Higher yields generally come with higher risk. Always understand the risk profile before depositing. Start with low-risk protocols if you're new to DeFi earning.
DeFi APY data from DefiLlama. Rates change every block — always verify on the protocol before depositing.
Related Guides
Staking & Lending Guide
Step-by-step guide to earning yield on USDT and USDC.
Cost Calculator
Find the cheapest way to buy stablecoins in your country.
How to Buy Stablecoins
Get USDT & USDC with local currency via P2P, on-ramps, and more.
RWA Tokenization
Access US Treasury yields and real estate with stablecoins.
Stablecoin DeFi yields are the interest rates earned by depositing USDT, USDC, or other stablecoins into decentralized lending protocols and liquidity pools on blockchains like Ethereum, Arbitrum, and Base. These yields come from real borrowing demand — traders and institutions borrow stablecoins and pay interest, which flows to lenders as annual percentage yield. In 2026, established protocols like Aave and Compound offer 3-6% APY on major stablecoins, while higher-risk platforms can offer 10-15% or more through leveraged strategies or newer protocols with less battle-tested smart contracts. This page displays live yield data pulled directly from DefiLlama, covering 15+ DeFi protocols and centralized platforms ranked by current returns with risk ratings. All rates shown are base APY only — excluding temporary token reward emissions — so you see what the protocol actually earns from organic demand rather than unsustainable incentives. Rates update hourly via server-side regeneration and may differ from what protocols display due to timing differences. Each protocol includes a risk rating based on audit history, time in production, and total value locked to help you assess the safety-return trade-off before committing funds.