DefiLlama doesn't audit nor endorse any of the protocols listed, we just focus on providing accurate data. Ape at your own risk.

Stablecoin Reference Rates

Market-size weighted base rates for major stablecoins across the largest EVM lending markets. Rewards APY is excluded.

Supply APY
3.40%
↓ −0.22ppvs 7d ago
Borrow APY
4.49%
↓ −0.14ppvs 7d ago
Spread
1.09%
↑ +0.081ppvs 7d ago

By asset

Asset
USDe0.59%6.32%+5.73%5
USDS1.54%3.93%+2.38%5
PYUSD2.44%4.56%+2.12%7
DAI2.66%4.31%+1.65%5
USDtb2.15%3.55%+1.40%3
RLUSD2.19%3.42%+1.23%4
frxUSD2.83%3.96%+1.13%1
USDC4.23%4.95%+0.71%114
USDT3.45%4.06%+0.61%36
USDG4.05%3.97%−0.08%6

By protocol

Protocol
Aave V32.94%41%4.25%49%
Morpho Blue3.73%23%4.90%34%
Maple4.90%18%——
SparkLend1.88%12%3.96%10%
Compound V33.90%3%4.77%4%
Fluid Lending4.70%2%6.18%2%
Aave V42.72%1.0%4.02%1%
Euler V23.72%0.2%5.53%0.2%