Verify what backs a stablecoin
DIA Value computes intrinsic fair value for stablecoins from reserves and on-chain data, so backing and peg health can be verified.
Where USDS earns: the live APY on every tracked lending market, vault, liquidity pool and staking position holding USDS. Rates are read daily from onchain data.
← USDS stablecoin profile · All stablecoin yields →
Top APY
3.80%
sky-lending
Yield pools
42
42 yield pools across 21 protocols
Incentive-driven TVL
11%
of listed TVL is ≥50% reward driven
| APY | Composition | 30d avg | Quality | Protocol | Chain | Rewards | ▼TVL | Type |
|---|---|---|---|---|---|---|---|---|
3.80% | 3.77% | OrganicStable |  Ethereum | +0.00% | $4.5B | Savings | ||
2.94% | 2.70% | OrganicStable | Ethereum | +0.00% | $1.2B | Lending | ||
3.40%Rewards only | 4.11% | IncentiveStable | Ethereum | +3.40% | $552.2M | Lending | ||
3.80% | 3.77% | OrganicStable |  Arbitrum | +0.00% | $475.9M | Savings | ||
7.19% | 6.01% | OrganicStable | Ethereum | +0.00% | $186.0M | Savings | ||
6.28%Rewards only | 5.74% | IncentiveStable | Ethereum | +6.28% | $145.5M | Lending | ||
0.10% | 0.09% | LP fees · IL riskStable | Ethereum | +0.00% | $100.1M | LP | ||
4.51% | 3.78% | OrganicStable | Ethereum | +0.00% | $97.1M | Lending | ||
0.21% | 0.40% | LP fees · IL riskStable | Ethereum | +0.00% | $54.5M | LP | ||
0.11% | 0.12% | LP fees · IL riskStable | Ethereum | +0.00% | $50.0M | LP | ||
4.98% | 4.96% | IncentiveStable | Ethereum | +4.14% | $32.6M | Lending | ||
3.80% | 3.77% | OrganicStable |  Base | +0.00% | $12.1M | Lending | ||
4.97% | 4.55% | OrganicStable | Ethereum | +0.00% | $9.0M | Vault | ||
3.86% | 3.66% | IncentiveStable | Ethereum | +3.65% | $5.0M | Lending | ||
4.74% | 4.60% | OrganicStable |  Solana | +0.00% | $2.9M | Lending | ||
5.67% | 4.67% | OrganicStable | Solana | +0.00% | $2.3M | Lending | ||
7.04% | 4.98% | MixedStable | Ethereum | +2.11% | $2.2M | LP | ||
6.96% | — | 4.88% | LP fees · IL riskStable | Ethereum | — | $2.1M | LP | |
3.76% | 3.76% | OrganicStable | Ethereum | +0.00% | $999.8K | Lending | ||
4.45% | 4.69% | OrganicStable | Solana | +0.00% | $749.8K | Lending | ||
1.20% | 0.93% | LP fees · IL riskStable | Solana | +0.00% | $720.5K | LP | ||
0.31% | 0.28% | LP fees · IL riskStable | Ethereum | +0.00% | $688.5K | LP | ||
3.61% | 3.26% | OrganicStable | Solana | +0.00% | $666.8K | Lending | ||
13.38% | — | LP fees · IL risk | Ethereum | +0.00% | $494.4K | LP | ||
12.41% | 19.70% | OrganicStable | Ethereum | +0.00% | $452.9K | Vault | ||
1.51% | 0.28% | LP fees · IL riskVolatile | Solana | +0.00% | $371.4K | LP | ||
10.59% | 22.40% | LP fees · IL riskVolatile | Ethereum | +0.00% | $370.4K | LP | ||
7.17% | 6.13% | OrganicStable | Solana | +0.00% | $369.6K | Lending | ||
1.36% | 1.09% | LP fees · IL riskStable | Solana | +0.00% | $348.8K | LP | ||
6.80% | 5.76% | OrganicStable | Solana | +0.00% | $256.9K | Lending | ||
7.71% | 0.38% | LP fees · IL riskVolatile | Ethereum | +0.00% | $209.2K | LP | ||
0.12% | 0.39% | LP fees · IL riskVolatile | Ethereum | +0.00% | $100.0K | LP | ||
6.88% | 5.77% | OrganicStable | Solana | +0.00% | $56.1K | Lending | ||
2.10% | 2.10% | OrganicStable | Ethereum | +0.00% | $53.7K | Lending | ||
20.16% | 10.56% | LP fees · IL riskVolatile | Ethereum | +0.00% | $51.5K | LP | ||
0.64% | 24.84% | OrganicVolatile | Base | +0.00% | $51.1K | Lending | ||
1.98% | 3.09% | LP fees · IL riskStable | Solana | +0.00% | $29.5K | LP | ||
2.78% | 2.60% | OrganicStable | Solana | +0.00% | $25.0K | Lending | ||
4.23% | 4.51% | OrganicStable | Ethereum | +0.00% | $15.7K | Staking | ||
6.11% | 5.64% | OrganicStable | Solana | +0.00% | $13.6K | Lending | ||
2.41% | 1.22% | LP fees · IL riskVolatile | Ethereum | +0.00% | $11.5K | LP | ||
0.04% | 0.12% | LP fees · IL riskVolatile | Ethereum | +0.00% | $11.0K | LP |
Showing 25 of 42.
Is your pool missing?
The best yield tracked for USDS in lending, vault and savings pools, weighing each pool's APY by its size, is currently 3.80%, offered by sky-lending on Ethereum, with $4.5B in total value locked.
USDS's largest yield markets are sky-lending (Ethereum), sparklend (Ethereum), sky-lending (Arbitrum), then across 39 more yield pools. Each row shows the base rate, any rewards split and the total value locked, largest pools first. Rates move daily, so compare the whole table rather than the headline.