DeFiEarns

V2 interest rates: staking, lending and yield farming

Every liquid DeFi pool that includes V2: 3 pools across 2 protocols and 2 chains. Live APY with base/reward split, 30-day average and risk flags. Updated 21 d ago

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Best single-asset APY
6.49%
Best APY incl. pairs
5.72%
Median APY
$3.5M
Liquidity in V2 pools
0 / 3
Single-asset / all pools
All pools Single asset Best APY Morpho Blue
Pool APY 30d avg TVL ▾ 30d Risk Chain
YOG-USDC-V2 Morpho Blue 6.49% base 5.80% + reward 0.68% 6.70% $3.3M LP IL Down Ethereum Deposit ↗

By protocol

By chain

  • Ethereumbest 6.49% · 1 pools · $3.3M

Paired with V2

USDC2 pools YOG2 pools

How to earn on V2

Single-asset options (lending, staking, savings vaults) pay interest without exposing you to another token; your V2 balance grows and you can withdraw the same asset. Liquidity pairs earn trading fees plus rewards but hold V2 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 V2 APY right now?
The highest rate with at least $1M of liquidity is 6.49% at Morpho Blue on Ethereum. It is a liquidity pair, so the return also depends on the other asset.
Where can I earn interest on V2?
2 protocols currently list V2 pools. The largest by liquidity: Morpho Blue ($3.3M). Each row in the table links to the protocol’s deposit page.
Is V2 yield safe?
It depends on the pool. Single-asset lending and staking avoid impermanent loss; liquidity pairs do not. The median V2 rate across liquid pools is 5.72%; anything far above it usually carries reward-token risk or a very small market. Our methodology explains every column and flag.