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 4.25% on Jul 10 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
12/07/2025 01:30:03

Protocol Name Blockchain Name ▼ TVL ↓ Stablecoin Reward APY ⓘ Average 30 days APY ↓ Current Base APY ↓
Peapods-optionsEthereum6.43MUSDC0%46.27%28.6%
Peapods-optionsEthereum2.14MUSDC0%44.26%23.02%
Peapods-optionsEthereum2.20MUSDC0%28.16%31.95%
SandclockEthereum1.10MUSDC15%19.66%4.91%
Stream-financeEthereum78.92MUSDC0%11.15%11.23%
GoldfinchEthereum42.70MUSDC0%9.55%9.55%
TokemakEthereum18.54MUSDC1.53%9.36%7.67%
Morpho-blueEthereum3.50MUSDC0%8.72%11.87%
Euler-v2Ethereum21.94MUSDC0.15%7.85%6.52%
WasabiEthereum2.05MUSDC0%7.7%24.72%
Harvest-financeEthereum1.08MUSDC0%6.46%7.12%
Harvest-financeEthereum1.08MUSDC0%6.46%7.12%
VesperEthereum1.76MUSDC0%6.17%5.56%
Yearn-financeEthereum15.18MUSDC0.96%5.81%5.28%
AcrossEthereum2.73MDAI1.85%5.75%7.34%
Compound-v2Ethereum5.07MUSDC0%5.16%9.58%
Silo-v2Ethereum1.62MUSDC0%5.15%4.94%
Yearn-financeEthereum18.38MDAI0.05%4.75%5.24%
Compound-v2Ethereum14.28MUSDT0%4.7%7.89%
Flux-financeEthereum1.54MUSDT0%4.68%4.65%
Compound-v3Ethereum48.52MUSDC0.23%4.41%4.75%
Compound-v2Ethereum3.08MDAI0%4.41%11.64%
Flux-financeEthereum1.15MUSDC0%4.4%4.39%
Compound-v3Ethereum20.65MUSDT0.54%4.29%4.99%