DeFiEarns

Alchemix USD (ALUSD) interest rates: staking, lending and yield farming

Every liquid DeFi pool that includes ALUSD: 30 pools across 10 protocols and 3 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 26 d ago

11.22%
Best single-asset APY
12.62%
Best APY incl. pairs
5.91%
Median APY
$12.0M
Liquidity in ALUSD pools
4 / 30
Single-asset / all pools
Best single-asset option right now: 12.78% at Alchemix V3 on Ethereum ($1.6M TVL, 30d avg 11.22%).
All pools Single asset Best APY Curve DEX Convex Finance Velodrome V2 Alchemix V3
Pool APY 30d avg TVL ▾ 30d Risk Chain
ALUSD-FRXUSD Curve DEX 5.91% base 0.15% + reward 5.76% 5.65% $2.1M Stable LP Reward-heavy Down Ethereum Deposit ↗
ALUSD-FRXUSD Convex Finance 9.11% base 0.15% + reward 8.96% 9.31% $1.9M Stable LP Reward-heavy Stable/Up Ethereum Deposit ↗
USDC-ALUSD Velodrome V2 · stable - 0.05% 12.62% + reward 12.62% 12.99% $1.6M Stable LP Reward-heavy Stable/Up Optimism Deposit ↗
ALUSD Alchemix V3 · Fixed Yield: 5 month term 12.78% base 12.78% 11.22% $1.6M Stable Single Down Ethereum Deposit ↗

By protocol

By chain

  • Ethereumbest 11.22% · 3 pools · $5.6M
  • Optimismbest 12.62% · 1 pools · $1.6M

Top single-asset ALUSD pools by APY TVL ≥ $1M

Paired with ALUSD

USDC4 pools FRXUSD3 pools SDOLA3 pools FXUSD2 pools 3CRV1 pools

How to earn on ALUSD

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your ALUSD balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold ALUSD together with a second asset, so the value moves with both prices (impermanent loss). The “Single” chip marks the first kind.

Each row links to the protocol’s own deposit page. Check the chain first: the same protocol can pay different rates on Ethereum, Base or Arbitrum, and moving funds costs a bridge fee (see bridges). Rates refresh hourly; the 30-day average shows whether today’s number is typical.

Questions people ask

What is the best ALUSD APY right now?
The highest single-asset rate with at least $1M of liquidity is 12.78% at Alchemix V3 on Ethereum ($1.6M TVL). Including liquidity pairs, ALUSD pays up to 12.62% at Velodrome V2. Rates are refreshed hourly; the 30-day average for that pool is 11.22%.
Where can I earn interest on ALUSD?
10 protocols currently list ALUSD pools. The largest by liquidity: Curve DEX ($2.1M), Convex Finance ($1.9M), Velodrome V2 ($1.6M), Alchemix V3 ($1.6M). Each row in the table links to the protocol’s deposit page.
Is ALUSD yield safe?
It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median ALUSD rate across liquid pools is 5.91%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.