Best stablecoin yields on Monad
USDC, USDT, DAI, USDS, USDe and other dollar-pegged coins: every liquid pool with live APY, the base/reward split and a 30-day average. Sorted by liquidity so the biggest, most reliable markets come first.
6.06%
Median single-asset APY
17.44%
Best APY (liquid)
57
Liquid pools
$809.8M
Total liquidity
14
Protocols
| Pool | APY | 30d avg | TVL ▾ | 30d | Risk | |
|---|---|---|---|---|---|---|
| SYRUPUSDC Aave V3 | 1.13% base 0.00% + reward 1.13% | 0.57% | $131.5M | — | Stable Single Reward-heavy Stable/Up | Deposit ↗ |
| AUSD Accountable · Earn ACC Points | 6.77% base 6.55% + reward 0.22% | 6.83% | $100.6M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Accountable · Earn ACC Points | 11.65% base 11.40% + reward 0.25% | 12.31% | $75.0M | — | Stable Single Stable/Up | Deposit ↗ |
| USDE Aave V3 | 5.75% base 0.36% + reward 5.39% | 5.45% | $60.1M | — | Stable Single Reward-heavy Down | Deposit ↗ |
| HYPERUSDCA Morpho Blue | 6.79% base 5.74% + reward 1.05% | 7.37% | $41.3M | — | Stable Single Stable/Up | Deposit ↗ |
| EARNAUSD Upshift | 5.58% base 5.26% + reward 0.33% | 5.42% | $31.5M | — | Stable Single Stable/Up | Deposit ↗ |
| VUSD Curvance · vUSD/AUSD | 0.68% base 0.00% + reward 0.68% | 0.77% | $31.4M | — | Stable Single Reward-heavy Stable/Up | Deposit ↗ |
| AUSD Accountable | 8.00% base 6.74% + reward 1.26% | 8.08% | $30.8M | — | Stable Single Down | Deposit ↗ |
| WSRUSD Curvance · wsrUSD/USDC | 0.00% base 0.00% | 0.00% | $29.3M | — | Stable Single | Deposit ↗ |
| AUSD Euler V2 · K3 Capital Earn AUSD | 6.22% base 4.97% + reward 1.25% | 6.02% | $23.0M | — | Stable Single Stable/Up | Deposit ↗ |
| SAVUSD Curvance · savUSD/AUSD | 0.00% base 0.00% | 0.00% | $21.7M | — | Stable Single | Deposit ↗ |
| SUSDE Pendle V2 · For buying PT-sUSDe-22OCT2026 | 5.26% base 5.26% | 4.89% | $20.8M | — | Stable Single Stable/Up | Deposit ↗ |
| SUSDE Pendle V2 · For LP | Maturity 22OCT2026 | 8.14% base 8.05% + reward 0.08% | 8.92% | $20.8M | — | Stable Single Stable/Up | Deposit ↗ |
| WSRUSD Curvance · wsrUSD/AUSD | 0.00% base 0.00% | 0.00% | $18.3M | — | Stable Single | Deposit ↗ |
| USDC Aave V3 | 4.12% base 4.12% | 5.64% | $12.9M | — | Stable Single Stable/Up | Deposit ↗ |
| SYZUSD Yuzu Money | 7.54% base 7.54% | 7.61% | $12.3M | — | Stable Single Stable/Up | Deposit ↗ |
| SAVUSD Curvance · savUSD/USDC | 0.00% base 0.00% | 0.00% | $10.3M | — | Stable Single | Deposit ↗ |
| AUGUSTUSDCV2 Morpho Blue | 7.82% base 6.33% + reward 1.48% | 7.94% | $10.2M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Centrifuge Protocol · Anemoy Tokenized Apollo Diversified Credit Fund Token | 0.00% base 0.00% | 5.98% | $10.1M | — | Stable Single | Deposit ↗ |
| EARNAUSD Morpho Blue | 0.00% base 0.00% | 1.95% | $8.8M | — | Stable Single | Deposit ↗ |
| GHO Aave V3 | 6.06% base 2.73% + reward 3.33% | 6.11% | $7.5M | — | Stable Single Reward-heavy Stable/Up | Deposit ↗ |
| USDC Accountable · Earn ACC Points | 18.05% base 17.18% + reward 0.86% | 17.44% | $7.5M | — | Stable Single Down | Deposit ↗ |
| USDC Accountable · Earn ACC Points | 5.03% base 4.54% + reward 0.49% | 6.49% | $7.4M | — | Stable Single Stable/Up | Deposit ↗ |
| USDT0 Aave V3 | 6.03% base 3.90% + reward 2.13% | 6.07% | $7.0M | — | Stable Single Stable/Up | Deposit ↗ |
| AGUAUSDCGC Curvance · aguaUSDCgc/USDC | 0.00% base 0.00% | 0.00% | $6.9M | — | Stable Single | Deposit ↗ |
| USDC Euler V2 · Clearstar Earn USDC | 5.11% base 3.61% + reward 1.51% | 8.42% | $6.2M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Accountable | 12.03% base 11.64% + reward 0.39% | 12.10% | $5.0M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Centrifuge Protocol · Janus Henderson Treasury Fund | 4.36% base 4.36% | 3.14% | $4.6M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Beefy · Aave | 7.48% | 8.34% | $3.4M | — | Stable Single Stable/Up | Deposit ↗ |
| MUSD Aave V3 | 6.04% base 3.48% + reward 2.56% | 5.98% | $3.1M | — | Stable Single Stable/Up | Deposit ↗ |
| USDC Curvance · wsrUSD/USDC | 6.31% base 4.07% + reward 2.24% | 5.42% | $3.1M | — | Stable Single Stable/Up | Deposit ↗ |
| SUSDAT Pendle V2 · For buying PT-sUSDat-14JAN2027 | 16.56% base 16.56% | 17.65% | $2.7M | — | Stable Single Down | Deposit ↗ |
| CSAAUSD Morpho Blue | 6.89% base 5.42% + reward 1.47% | 7.55% | $2.6M | — | Stable Single Down | Deposit ↗ |
| AUSD Pendle V2 · For LP | Maturity 08OCT2026 | 7.04% base 5.57% + reward 1.47% | 7.17% | $2.4M | — | Stable Single Stable/Up | Deposit ↗ |
| AUSD Pendle V2 · For buying PT-AUSD-08OCT2026 | 6.38% base 6.38% | 6.27% | $2.4M | — | Stable Single Down | Deposit ↗ |
| USDAT-USDC Curve DEX | 0.00% base 0.00% | 0.00% | $2.3M | — | Stable LP | Deposit ↗ |
| NACCUSDC Morpho Blue | 0.00% base 0.00% | 0.00% | $2.3M | — | Stable Single | Deposit ↗ |
| AUSD-USDC-USDT0 Curve DEX | 5.33% base 0.00% + reward 5.33% | 10.51% | $2.3M | — | Stable LP Reward-heavy Stable/Up | Deposit ↗ |
| AVUSD-AUSD Balancer V3 | 1.72% base 1.40% + reward 0.32% | 9.58% | $2.2M | — | Stable LP Stable/Up | Deposit ↗ |
| EARNAUSD Pendle V2 · For LP | Maturity 08OCT2026 | 8.26% base 7.18% + reward 1.08% | 9.10% | $2.2M | — | Stable Single Stable/Up | Deposit ↗ |
| EARNAUSD Pendle V2 · For buying PT-earnAUSD-08OCT2026 | 8.58% base 8.58% | 9.33% | $2.2M | — | Stable Single Stable/Up | Deposit ↗ |
| AUSD-USDM Mento V3 | 14.46% base 0.39% + reward 14.07% | 15.46% | $2.2M | — | Stable LP Reward-heavy Down | Deposit ↗ |
| SATUSDC Morpho Blue | 5.93% base 5.11% + reward 0.81% | 5.50% | $2.1M | — | Stable Single Down | Deposit ↗ |
| AUSD Curvance · wsrUSD/AUSD | 6.31% base 3.99% + reward 2.32% | 5.13% | $2.1M | — | Stable Single Down | Deposit ↗ |
| USDC Accountable · Earn ACC Points | 7.07% base 6.79% + reward 0.28% | 7.51% | $2.0M | — | Stable Single Down | Deposit ↗ |
| EARNAUSD Curvance · earnAUSD/AUSD | 0.31% base 0.00% + reward 0.31% | 0.72% | $1.7M | — | Stable Single Reward-heavy Stable/Up | Deposit ↗ |
| AUSD Euler V2 · EVK Vault eAUSD-20 | 4.97% base 4.97% | 4.79% | $1.5M | — | Stable Single Stable/Up | Deposit ↗ |
| USDAT Pendle V2 · For buying PT-USDat-14JAN2027 | 7.19% base 7.19% | 6.78% | $1.5M | — | Stable Single Down | Deposit ↗ |
| USDAT Pendle V2 · For LP | Maturity 14JAN2027 | 7.39% base 4.15% + reward 3.23% | 6.60% | $1.5M | — | Stable Single Down | Deposit ↗ |
| AUSD Euler V2 · EVK Vault eAUSD-17 | 6.82% base 5.12% + reward 1.70% | 7.20% | $1.4M | — | Stable Single Down | Deposit ↗ |
By stablecoin
- AUSDbest 14.46% · 14 pools · $174.3M
- USDC USD Coinbest 17.44% · 16 pools · $145.3M
- SYRUPUSDCbest 0.57% · 1 pools · $131.5M
- USDE Ethena USDebest 5.45% · 1 pools · $60.1M
- WSRUSDbest 0.00% · 2 pools · $47.6M
- EARNAUSDbest 8.58% · 5 pools · $46.4M
- SUSDE Ethena Staked USDebest 8.14% · 2 pools · $41.6M
- HYPERUSDCAbest 6.79% · 1 pools · $41.3M
- SAVUSDbest 0.00% · 2 pools · $32.0M
- VUSDbest 0.68% · 1 pools · $31.4M
- SYZUSDbest 7.54% · 1 pools · $12.3M
- AUGUSTUSDCV2best 7.82% · 1 pools · $10.2M
- USDT0best 6.03% · 2 pools · $9.3M
- GHO Aave GHObest 6.06% · 1 pools · $7.5M
- AGUAUSDCGCbest 0.00% · 1 pools · $6.9M
- USDATbest 6.78% · 3 pools · $5.3M
- MUSDbest 5.98% · 1 pools · $3.1M
- SUSDATbest 16.56% · 1 pools · $2.7M
- CSAAUSDbest 6.89% · 1 pools · $2.6M
- NACCUSDCbest 0.00% · 1 pools · $2.3M
Where stablecoin yield comes from
Three sources. Lending markets (Aave, Morpho, Spark, Compound) pay you the interest that borrowers pay, minus a protocol fee; rates rise when leverage demand rises. Savings tokens (sUSDS, sUSDe, USDY, BUIDL) pass through treasury-bill income or funding-rate income. Liquidity pools (Curve, Uniswap) pay trading fees, sometimes topped up with reward tokens. The base/reward split under each APY tells you which part is durable.
Compare the base rate with the median above: a stablecoin pool paying three times the median is either tiny, new, or paying in a token you may not want. Custodial alternatives are on the CeFi rates page.
Questions people ask
What is the best stablecoin yield on Monad right now?
The highest APY among stablecoin pools with at least $1M of liquidity is 17.44%. The median stablecoin single-asset rate is 6.06%. Rates refresh every hour.
Which stablecoins pay the most?
Rates differ by coin and venue. AUSD up to 14.46%, USDC up to 17.44%, SYRUPUSDC up to 0.57%, USDE up to 5.45%, WSRUSD up to 0.00%, EARNAUSD up to 8.58%. Open a coin page for every pool.
Why do stablecoin APYs differ so much between protocols?
Lending markets pay what borrowers pay, minus a protocol cut. Liquidity pools earn trading fees. Some pools add token rewards on top (shown as “reward” in the APY split), and those emissions can stop at any time. Higher APY usually means a smaller market, a newer protocol or extra risk.
Are stablecoin yields safe?
No yield is risk-free. Stablecoins can lose their peg, smart contracts can be exploited, and lending markets can run out of liquidity. Prefer large TVL, audited protocols and rates that are close to the median. See our methodology.