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Live Data from DefiLlama

Stablecoin Yield Comparison

Compare yields across top DeFi protocols and CeFi platforms. Risk-rated and updated hourly.

8

Platforms

4.7%

Best APY

$11.7B

Total TVL

Risk levels:
Low Risk
Medium
High Risk

Yield Calculator

See how much you could earn per year

$USDT
Aave V31.74%
$17.44/yr
Ondo USDY3.55%
$35.50/yr
Spark Lend4.10%
$41.01/yr
Fluid3.81%
$38.10/yr
Compound V32.43%
$24.31/yr
Origin Dollar (OUSD)4.70%
$47.01/yr

Estimates based on current APY. Actual yields fluctuate — always verify on the protocol.

DeFi Protocols

Non-custodial — you keep control of your funds via smart contracts. Check gas fees before depositing. Need stablecoins? Buy USDT here.

#1
aave-v3 logo

Aave V3

Ethereum

Best APY

1.74%
TVL $7.7B
Low Risk
USDTUSDCSUSDEUSDESYRUPUSDTRLUSDSGHOUSDT0PYUSDSYRUPUSDCUSDTBUSCCDAIUSDSEURCSDAIUSDGEUREDAI.EUSDC.ELUSDEURS

Pool breakdown

USDT1.74%USDC1.87%SUSDE0.00%USDE0.90%
#2
ondo-yield-assets logo

Ondo USDY

Ethereum

Best APY

3.55%
TVL $2.1B
Medium
USDYOUSGUSDYC

Pool breakdown

USDY3.55%OUSG3.09%USDYC3.55%USDY3.55%
#3
sparklend logo

Spark Lend

Ethereum

Best APY

4.10%
TVL $882M
Medium
USDSUSDTPYUSDSUSDSUSDC

Pool breakdown

USDS4.10%USDT1.48%PYUSD0.83%USDS2.55%
fluid-lending logo

Fluid

Ethereum

Best APY

3.81%
TVL $640M
Medium
USDCUSDTSUSDAIGHOSYRUPUSDCREUSDSUSDEEURCUSDTB

Pool breakdown

USDC3.81%USDT4.47%SUSDAI0.00%USDC4.16%
compound-v3 logo

Compound V3

Ethereum

Best APY

2.43%
TVL $248M
Medium
USDCUSDT

Pool breakdown

USDC2.43%USDT2.23%USDT2.17%USDC2.20%
origin-dollar logo

Origin Dollar (OUSD)

Ethereum

Best APY

4.70%
TVL $8M
High Risk
OUSD

CeFi Platforms

Custodial — the exchange holds your funds and manages the lending. For a deeper comparison, see our staking guide.

Binance logo

Binance Earn

CeFi

APY Range

~2–10%

USDTUSDC
Medium

Centralized exchange risk (custody), largest exchange by volume

Rates as of Mar 16, 2026

OKX logo

OKX Earn

CeFi

APY Range

~2–8%

USDTUSDC
Medium

Centralized exchange risk (custody), proof-of-reserves published

Rates as of Mar 16, 2026

Risk Rating Criteria

Low RiskTVL > $500M + Ethereum/Polygon mainnet + established protocol (Aave, Compound)
MediumTVL $10M–$500M, or L2 chain, or CEX (exchange custody risk)
High RiskTVL < $10M, or APY > 15%, or complex strategies, or new protocol

Frequently Asked Questions

Learn the basics of stablecoin yields

How Stablecoin Yields 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.