Best USDC APY on Ethereum — Live Rates
The top USDC vault on Ethereum mainnet currently offers a 279.81% 7-day average APY. The table below ranks 50 USDC vaults on Ethereum mainnet by 7-day average APY. Rates update daily at 06:00 UTC.
Last updated: June 10, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Accountable | Morini FXArbUSDTRY | Ethereum | 279.81% | $10M | Low |
| Accountable | SPICE Credit | Ethereum | 136.85% | $1M | Low |
| Euler | YieldNest Max USDC | Ethereum | 25.31% incl. 7.49% rewards | $1M | Med |
| Morpho | Apyx USDC | Ethereum | 21.48% | $6M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 20.65% | $7M | Low |
| Midas | Midas M1 USD Market Neutral | Ethereum | 15.91% | $29M | Med |
| Ember | Ember Pharos Alpha | Ethereum | 12.51% | $38M | Med |
| Wildcat | Hyperithm Wildcat USD Coin | Ethereum | 12.08% | $1M | Low |
| Upshift Finance | SingularV USDC Max Yield | Ethereum | 11.60% | $2M | Med |
| Wildcat | MNNC Trading USD Coin | Ethereum | 11.58% | $2M | Low |
| Tokemak | Tokemak siloUSD | Ethereum | 11.41% | $2M | Med |
| Wildcat | Selini USD Coin | Ethereum | 11.06% | $8M | Low |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 10.95% | $2M | Low |
| Morpho | Alpha Enhanced V2 | Ethereum | 10.80% | $3M | Med |
| Midas | Midas Fasanara ONE | Ethereum | 10.50% | $67M | Med |
| Wildcat | Auros USD Coin | Ethereum | 10.50% | $5M | Low |
| Morpho | Alpha USDC Prime V2 | Ethereum | 10.33% | $9M | Med |
| Lagoon | 1212.Stable | Ethereum | 10.13% | $2M | Med |
| Morpho | Alpha USDC Asia V2 | Ethereum | 9.97% | $8M | Med |
| Midas | Midas Hyperithm | Ethereum | 9.89% | $33M | High |
| Morpho | Alpha USDC Delta V2 | Ethereum | 9.43% | $33M | Med |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 9.40% | $80M | Low |
| Morpho | Alpha USDC Forex V2 | Ethereum | 9.28% | $3M | Med |
| Midas | Midas Apollo Crypto | Ethereum | 9.16% | $8M | High |
| Fluid | Fluid Lite USD Vault | Ethereum | 9.06% | $35M | High |
| Morpho | Alpha Core V2 | Ethereum | 8.65% | $13M | Med |
| Morpho | Api3 dCOMP USDC | Ethereum | 8.50% | $9M | Med |
| Ember | Ember Earn | Ethereum | 8.12% | $5M | Med |
| Harvest Finance | Harvest Morpho - Gauntlet Frontier USDC | Ethereum | 7.37% | $1M | Med |
| Morpho | infiniFi x Steakhouse USDC | Ethereum | 7.28% incl. 2.28% rewards | $5M | Med |
| Morpho | Clearstar USDC Core | Ethereum | 7.16% | $7M | Med |
| Morpho | Clearstar USDC Reactor | Ethereum | 7.08% | $7M | High |
| Morpho | Lulo USDC | Ethereum | 6.87% | $4M | Med |
| Lagoon | Gami USDC | Ethereum | 6.56% | $4M | Med |
| Morpho | Re Ecosystem Vault | Ethereum | 6.55% | $8M | Med |
| Midas | Midas Everstake USD | Ethereum | 6.50% | $4M | Med |
| Euler | Euler Prime USDC | Ethereum | 6.49% | $1M | High |
| Morpho | Hyperithm Morpho USDC | Ethereum | 6.37% | $7M | Med |
| Tokemak | Tokemak autoUSD | Ethereum | 6.35% incl. 0.29% rewards | $7M | Med |
| Fluid | Fluid USDC | Ethereum | 6.33% incl. 1.23% rewards | $105M | High |
| Midas | Midas mEDGE | Ethereum | 6.26% | $4M | High |
| Morpho | sky.money USDC Risk Capital | Ethereum | 6.04% | $14M | Med |
| Morpho | Steakhouse Reservoir USDC | Ethereum | 6.02% incl. 1.87% rewards | $33M | High |
| Upshift Finance | Sentora USD | Ethereum | 5.92% | $18M | Med |
| Morpho | August USDC V2 | Ethereum | 5.92% | $5M | Med |
| Morpho | kpk USDC Yield V2 | Ethereum | 5.73% | $3M | Med |
| Morpho | Hyperithm USDC | Ethereum | 5.67% | $3M | High |
| Morpho | Steakhouse Reservoir USDC | Ethereum | 5.60% incl. 1.45% rewards | $2M | High |
| Morpho | Midas USDC | Ethereum | 5.58% | $13M | High |
| Term | Shorewoods USDC | Ethereum | 5.57% | $1M | Med |
Where does this yield come from?
USDC APY on Ethereum mainnet comes from the deepest lending markets in DeFi: Aave v3, Morpho curated vaults, Sky/Spark, and Compound v3. Mainnet USDC rates reflect the broadest stablecoin borrowing demand across all of DeFi.
Risk considerations
Mainnet USDC lending carries no bridge risk. Smart contract and protocol risks apply as with any DeFi lending. Established mainnet protocols have the longest track records and deepest audit coverage.
Frequently asked questions
What is the best USDC APY on Ethereum mainnet right now?
The top 7-day average USDC APY on Ethereum mainnet is currently 279.81%, from Morini FXArbUSDTRY. Across 50 tracked mainnet USDC vaults, rates range from 5.57% to 279.81%. Data from vaults.fyi, updated daily.
Related pages
- Best USDC Yield on Ethereum — Live Rates
- Best USDC APY on Base — Live Rates
- Best USDC APY on Arbitrum — Live Rates
- Best DeFi Yields on Ethereum
- Morpho Vault APY — Live Rates
- Aave USDC APY — Live Rate
Data sourced from vaults.fyi, updated daily. Last updated: June 10, 2026. Explore all vaults.