DeFiEarns

Pendle V2 yields: APY by pool, token and chain

Yield 80 liquid pools on 6 chains. pendle.finance/ ↗ · @pendle_fi

26.36%
Best APY (liquid)
7.97%
Median APY
24.67%
Best stablecoin APY
$473.5M
TVL in tracked pools
$1.24B
Protocol TVL (reported)
All pools Stablecoins Single asset Best APY Ethereum Arbitrum Monad Hyperliquid Plasma BNB Chain
Pool APY 30d avg TVL ▾ 30d Risk Chain
USDAI Pendle V2 · For LP | Maturity 15OCT2026 1.75% base 1.70% + reward 0.05% 1.40% $50.3M Stable Single Stable/Up Arbitrum Deposit ↗
USDAI Pendle V2 · For buying PT-USDai-15OCT2026 8.82% base 8.82% 7.86% $50.3M Stable Single Down Arbitrum Deposit ↗
SUSDE Pendle V2 · For buying PT-sUSDe-22OCT2026 5.26% base 5.26% 4.89% $20.8M Stable Single Stable/Up Monad Deposit ↗
SUSDE Pendle V2 · For LP | Maturity 22OCT2026 8.14% base 8.05% + reward 0.08% 8.92% $20.8M Stable Single Stable/Up Monad Deposit ↗
APYUSD Pendle V2 · For buying PT-apyUSD-05NOV2026 14.29% base 14.29% 14.26% $20.8M Stable Single Stable/Up Ethereum Deposit ↗
APYUSD Pendle V2 · For LP | Maturity 05NOV2026 13.48% base 13.34% + reward 0.14% 14.41% $20.8M Stable Single Stable/Up Ethereum Deposit ↗
SIERRA Pendle V2 · For LP | Maturity 22OCT2026 7.94% base 7.74% + reward 0.20% 5.97% $14.8M Single Down Ethereum Deposit ↗
SIERRA Pendle V2 · For buying PT-SIERRA-22OCT2026 8.93% base 8.93% 8.12% $14.8M Single Stable/Up Ethereum Deposit ↗
SUSDAI Pendle V2 · For buying PT-sUSDai-15OCT2026 11.14% base 11.14% 10.78% $13.1M Stable Single Down Arbitrum Deposit ↗
SUSDAI Pendle V2 · For LP | Maturity 15OCT2026 8.26% base 8.07% + reward 0.19% 8.79% $13.1M Stable Single Stable/Up Arbitrum Deposit ↗
REUSD Pendle V2 · For buying PT-reUSD-10DEC2026 10.95% base 10.95% 10.94% $12.5M Stable Single Down Ethereum Deposit ↗
REUSD Pendle V2 · For LP | Maturity 10DEC2026 9.10% base 8.47% + reward 0.62% 11.72% $12.5M Stable Single Down Ethereum Deposit ↗
STRUSD Pendle V2 · For LP | Maturity 26NOV2026 10.89% base 10.64% + reward 0.25% 11.18% $7.2M Stable Single Down Ethereum Deposit ↗
STRUSD Pendle V2 · For buying PT-strUSD-26NOV2026 11.71% base 11.71% 11.72% $7.2M Stable Single Down Ethereum Deposit ↗
USD3 Pendle V2 · For buying PT-USD3-17DEC2026 14.13% base 14.13% 13.97% $6.9M Stable Single Down Ethereum Deposit ↗
USD3 Pendle V2 · For LP | Maturity 17DEC2026 12.09% base 11.55% + reward 0.55% 12.13% $6.9M Stable Single Down Ethereum Deposit ↗
USDAT Pendle V2 · For buying PT-USDat-14JAN2027 6.96% base 6.96% 6.63% $5.9M Stable Single Stable/Up Ethereum Deposit ↗
USDAT Pendle V2 · For LP | Maturity 14JAN2027 5.19% base 4.61% + reward 0.57% 5.06% $5.9M Stable Single Stable/Up Ethereum Deposit ↗
SUSDD Pendle V2 · For LP | Maturity 26NOV2026 6.41% base 6.03% + reward 0.38% 11.15% $5.1M Stable Single Stable/Up Ethereum Deposit ↗
SUSDD Pendle V2 · For buying PT-sUSDD-26NOV2026 5.32% base 5.32% 5.24% $5.1M Stable Single Stable/Up Ethereum Deposit ↗
KHYPE Pendle V2 · For buying PT-kHYPE-24SEPT2026 2.78% base 2.78% 2.53% $4.9M Single Down Hyperliquid Deposit ↗
KHYPE Pendle V2 · For LP | Maturity 24SEPT2026 2.20% base 1.86% + reward 0.35% 2.38% $4.9M Single Stable/Up Hyperliquid Deposit ↗
WSTETH Pendle V2 · For buying PT-wstETH-30DEC2027 2.11% base 2.11% 2.07% $4.8M Single Stable/Up Ethereum Deposit ↗
WSTETH Pendle V2 · For LP | Maturity 30DEC2027 2.63% base 2.29% + reward 0.33% 2.89% $4.8M Single Stable/Up Ethereum Deposit ↗
REUSDE Pendle V2 · For LP | Maturity 10DEC2026 17.49% base 16.98% + reward 0.51% 17.52% $4.6M Stable Single Down Ethereum Deposit ↗
REUSDE Pendle V2 · For buying PT-reUSDe-10DEC2026 18.22% base 18.22% 18.12% $4.6M Stable Single Down Ethereum Deposit ↗
SUSDX Pendle V2 · For LP | Maturity 03DEC2026 24.67% base 22.94% + reward 1.73% 25.21% $4.5M Stable Single Stable/Up Ethereum Deposit ↗
SUSDX Pendle V2 · For buying PT-sUSDx-03DEC2026 19.81% base 19.81% 19.68% $4.5M Stable Single Down Ethereum Deposit ↗
SRUSDE Pendle V2 · For LP | Maturity 22OCT2026 5.27% base 4.70% + reward 0.57% 4.73% $4.3M Stable Single Stable/Up Ethereum Deposit ↗
SRUSDE Pendle V2 · For buying PT-srUSDe-22OCT2026 4.80% base 4.80% 4.73% $4.3M Stable Single Stable/Up Ethereum Deposit ↗
SENA Pendle V2 · For buying PT-sENA-24SEPT2026 14.24% base 14.24% 13.68% $4.3M Single Down Ethereum Deposit ↗
SENA Pendle V2 · For LP | Maturity 24SEPT2026 5.87% base 5.42% + reward 0.46% 5.28% $4.3M Single Stable/Up Ethereum Deposit ↗
SUSDE Pendle V2 · For buying PT-sUSDe-26NOV2026 4.89% base 4.89% 4.66% $3.9M Stable Single Stable/Up Ethereum Deposit ↗
SUSDE Pendle V2 · For LP | Maturity 26NOV2026 5.44% base 4.96% + reward 0.48% 5.46% $3.9M Stable Single Stable/Up Ethereum Deposit ↗
SUSDE Pendle V2 · For LP | Maturity 22OCT2026 6.31% base 5.34% + reward 0.98% 5.28% $3.4M Stable Single Stable/Up Plasma Deposit ↗
SUSDE Pendle V2 · For buying PT-sUSDe-22OCT2026 5.75% base 5.75% 5.03% $3.4M Stable Single Stable/Up Plasma Deposit ↗
SUSDS Pendle V2 · For LP | Maturity 26NOV2026 4.65% base 3.90% + reward 0.75% 4.77% $3.4M Stable Single Stable/Up Ethereum Deposit ↗
SUSDS Pendle V2 · For buying PT-sUSDS-26NOV2026 4.85% base 4.85% 4.87% $3.4M Stable Single Stable/Up Ethereum Deposit ↗
SIUSD Pendle V2 · For LP | Maturity 22OCT2026 8.39% base 8.07% + reward 0.32% 10.07% $3.0M Stable Single Down Ethereum Deposit ↗
SIUSD Pendle V2 · For buying PT-siUSD-22OCT2026 9.16% base 9.16% 9.01% $3.0M Stable Single Down Ethereum Deposit ↗
SUSDAI Pendle V2 · For buying PT-sUSDai-25FEB2027 9.89% base 9.89% 9.68% $3.0M Stable Single Stable/Up Arbitrum Deposit ↗
SUSDAI Pendle V2 · For LP | Maturity 25FEB2027 9.64% base 9.19% + reward 0.44% 9.91% $3.0M Stable Single Down Arbitrum Deposit ↗
MAPOLLO Pendle V2 · For buying PT-mAPOLLO-24SEPT2026 7.71% base 7.71% 8.09% $2.9M Single Down Ethereum Deposit ↗
MAPOLLO Pendle V2 · For LP | Maturity 24SEPT2026 7.55% base 7.55% 7.97% $2.9M Single Down Ethereum Deposit ↗
SUSDAT Pendle V2 · For buying PT-sUSDat-14JAN2027 16.56% base 16.56% 17.65% $2.7M Stable Single Down Monad Deposit ↗
TRUSD Pendle V2 · For buying PT-trUSD-26NOV2026 9.90% base 9.90% 9.56% $2.6M Stable Single Down Ethereum Deposit ↗
TRUSD Pendle V2 · For LP | Maturity 26NOV2026 2.53% base 2.25% + reward 0.28% 2.88% $2.6M Stable Single Stable/Up Ethereum Deposit ↗
NOPAL Pendle V2 · For buying PT-nOPAL-17SEPT2026 14.92% base 14.92% 14.33% $2.5M Single Down Ethereum Deposit ↗
NOPAL Pendle V2 · For LP | Maturity 17SEPT2026 14.39% base 14.07% + reward 0.32% 14.73% $2.5M Single Down Ethereum Deposit ↗
MHYPERBTC Pendle V2 · For buying PT-mHyperBTC-24SEPT2026 2.27% base 2.27% 2.84% $2.5M Single Stable/Up Ethereum Deposit ↗

Assets on Pendle V2

USDAI7.86% SUSDE8.14% APYUSD14.26% SUSDAI10.78% SIERRA8.12% REUSD10.94% USDAT6.78% STRUSD11.71% USD313.97% SUSDD6.41% KHYPE2.53% WSTETH2.63% REUSDE18.12% SUSDX24.67% SRUSDE4.73% SENA13.68% SUSDS4.85% SIUSD9.01% MAPOLLO7.71% TRUSD9.56% NOPAL14.39% MHYPERBTC2.27% AUSD7.04% USDX15.20%

By chain

  • Ethereumbest 26.36% · 55 pools · $258.5M
  • Arbitrumbest 10.78% · 6 pools · $132.8M
  • Monadbest 16.56% · 9 pools · $56.4M
  • Hyperliquidbest 10.85% · 6 pools · $15.4M
  • Plasmabest 5.28% · 2 pools · $6.8M
  • BNB Chainbest 1.68% · 2 pools · $3.7M

About Pendle V2

Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.

Deployed on: Ethereum, Monad, Arbitrum, X Layer, Plasma, Hyperliquid L1, Binance, Base, Robinhood Chain, Sonic, Avalanche, Mantle, Berachain, Optimism.

Questions people ask

What is the best APY on Pendle V2 right now?
Among Pendle V2 pools with at least $1M of liquidity the top rate is 26.36%; the median across liquid pools is 7.97%. Stablecoin pools on Pendle V2 pay up to 24.67%.
Which chains is Pendle V2 on?
We track Pendle V2 pools on Ethereum (55), Arbitrum (6), Monad (9), Hyperliquid (6), Plasma (2), BNB Chain (2).
How much money is in Pendle V2?
The pools we track hold $473.5M. The protocol reports $1.24B total value locked across all its products.