DeFiEarns

MUSD interest rates: staking, lending and yield farming

Every liquid DeFi pool that includes MUSD: 18 pools across 10 protocols and 5 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 25 d ago

5.98%
Best single-asset APY
5.98%
Best APY incl. pairs
2.38%
Median APY
$9.3M
Liquidity in MUSD pools
7 / 18
Single-asset / all pools
Best single-asset option right now: 6.04% at Aave V3 on Monad ($3.1M TVL, 30d avg 5.98%), of which 2.56% is token rewards.
All pools Single asset Best APY Aave V3 Uniswap V4 Aerodrome Slipstream
Pool APY 30d avg TVL ▾ 30d Risk Chain
MUSD Aave V3 6.04% base 3.48% + reward 2.56% 5.98% $3.1M Stable Single Stable/Up Monad Deposit ↗
USDC-MUSD Uniswap V4 · 0.00% 0.05% base 0.05% 0.04% $2.5M — Stable LP Stable/Up Ethereum Deposit ↗
USDC-MUSD Aerodrome Slipstream · CL10 - 0.05% 6.11% base 0.51% + reward 5.60% 4.06% $1.2M Stable LP Reward-heavy Down Base Deposit ↗

By protocol

By chain

  • Monadbest 5.98% · 1 pools · $3.1M
  • Ethereumbest 0.04% · 1 pools · $2.5M
  • Basebest 4.06% · 1 pools · $1.2M

Borrow MUSD 1 markets

MarketChainBorrow APYSupply APYSuppliedBorrowedLTV
MUSDAave V3 Monad 4.92% 6.04% $14.7M $11.6M 0%

All MUSD borrow markets →

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

Paired with MUSD

How to earn on MUSD

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your MUSD balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold MUSD 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 MUSD APY right now?
The highest single-asset rate with at least $1M of liquidity is 6.04% at Aave V3 on Monad ($3.1M TVL). Rates are refreshed hourly; the 30-day average for that pool is 5.98%.
Where can I earn interest on MUSD?
10 protocols currently list MUSD pools. The largest by liquidity: Aave V3 ($3.1M), Uniswap V4 ($2.5M), Aerodrome Slipstream ($1.2M). Each row in the table links to the protocol’s deposit page.
Can I borrow MUSD?
1 lending markets let you borrow MUSD against collateral. See MUSD borrow rates for the cheapest one.
Is MUSD yield safe?
It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median MUSD rate across liquid pools is 2.38%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.