SPX interest rates: staking, lending and yield farming

Q: What is the best SPX APY right now?

The highest rate with at least $1M of liquidity is 18.45% at Raydium AMM on Solana. It is a liquidity pair, so the return also depends on the other asset.

Every liquid DeFi pool that includes SPX: 20 pools across 9 protocols and 3 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 21 d ago

—

Best single-asset APY

18.45%

Best APY incl. pairs

11.23%

Median APY

$16.8M

Liquidity in SPX pools

1 / 20

Single-asset / all pools

All pools Single asset Best APY Raydium AMM

Pool	APY	30d avg	TVL ▾	30d	Risk	Chain
SPX-WSOL Raydium AMM · Standard - 0.25%	18.45% base 18.45%	31.04%	$2.3M		LP IL Stable/Up	Solana	Deposit ↗

By protocol

Raydium AMMbest 18.45% · 1 pools · $2.3M

By chain

Solanabest 18.45% · 1 pools · $2.3M

Borrow SPX 1 markets

Market	Chain	Borrow APY	Supply APY	Supplied	Borrowed	LTV
SPXMorpho Blue	Ethereum	0.16%	0.00%	$101K	$40K	63%

All SPX borrow markets →

Paired with SPX

How to earn on SPX

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your SPX balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold SPX 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 SPX APY right now?

The highest rate with at least $1M of liquidity is 18.45% at Raydium AMM on Solana. It is a liquidity pair, so the return also depends on the other asset.

Where can I earn interest on SPX?

9 protocols currently list SPX pools. The largest by liquidity: Raydium AMM ($2.3M). Each row in the table links to the protocol’s deposit page.

Can I borrow SPX?

1 lending markets let you borrow SPX against collateral. See SPX borrow rates for the cheapest one.

Is SPX yield safe?

It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median SPX rate across liquid pools is 11.23%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.