Ethereum Decentralized Lending Rates for stablecoin

List of decentralized protocols and stablecoin pools on Ethereum blockchain, each with a Total Value Locked (TVL) exceeding $1,000,000(the higher the TVL, the more trust in the protocol). These platforms allow you to earn interest on stablecoins(USDC,USDT,DAI) surpassing 3 Month Treasury Bill rate (US T-Bill 4.27% on May 15 2025). You can deposit and withdraw your stablecoins anytime, with no lockup or deposit limits. DEX only, no CEX, no KYC, Your Keys - Your Crypto. Note that the annual percentage yield in stablecoin pools can fluctuate frequently.

Best Stablecoin Yield: Lending/Staking/Liquidity Pools APY Rates on DexLender
17/05/2025 11:00:03

Protocol Name Blockchain Name ▼ TVL ↓ Stablecoin Reward APY ⓘ Average 30 days APY ↓ Current Base APY ↓
Stream-financeEthereum37.91MUSDC0%12.72%11.95%
GoldfinchEthereum42.70MUSDC0%9.55%9.55%
SandclockEthereum1.08MUSDC15%18.1%8.19%
SandclockEthereum1.08MUSDC15%18.1%8.19%
Harvest-financeEthereum1.14MUSDC0%2.53%8.13%
Euler-v2Ethereum1.29MUSDT2.18%6.12%7.83%
TokemakEthereum27.89MUSDC3.63%11.85%7.19%
Euler-v2Ethereum3.59MUSDC4.01%4.36%6.85%
Euler-v2Ethereum8.79MUSDC2.32%5.75%6.28%
Yearn-financeEthereum1.20MDAI0%5.64%6.06%
Ipor-fusionEthereum1.46MUSDC0%5.88%5.58%
Yearn-financeEthereum2.26MDAI0%5.13%5.49%
Yearn-financeEthereum1.91MUSDC0%5.13%5.45%
Yearn-financeEthereum2.97MDAI0%4.72%5.11%
Yearn-financeEthereum7.74MUSDC0%4.21%5.08%
WasabiEthereum1.15MUSDC0%6.44%4.74%
Flux-financeEthereum1.47MUSDT0%4.72%4.7%
SparklendEthereum5.48MUSDC0%2.55%4.44%
Euler-v2Ethereum1.53MUSDC0%5.7%4.43%
Flux-financeEthereum1.16MUSDC0%4.56%4.38%
Compound-v3Ethereum18.45MUSDT0.58%3.96%4.29%