Best USDC Yield on Ethereum — Live Rates
The top USDC vault on Ethereum mainnet currently offers a 22.43% 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: July 16, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Midas | Midas M1 USD Market Neutral | Ethereum | 22.43% | $29M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 18.64% | $7M | Low |
| Euler | YieldNest Max USDC | Ethereum | 17.82% | $1M | Med |
| Accountable | SPICE Credit | Ethereum | 14.52% | $1M | Low |
| Ember | Ember Pharos Alpha | Ethereum | 13.68% | $8M | Med |
| Lagoon | Syntropia USDC Core | Ethereum | 12.85% | $1M | Med |
| Midas | Midas Hyperithm | Ethereum | 12.18% | $47M | High |
| Accountable | ONyC Core | Ethereum | 11.66% | $2M | Low |
| Wildcat | MNNC Trading USD Coin | Ethereum | 11.03% | $2M | Low |
| Morpho | Api3 dCOMP USDC | Ethereum | 10.99% | $14M | Med |
| Wildcat | Hyperithm Wildcat USD Coin | Ethereum | 10.99% | $1M | Low |
| Morpho | Alpha USDC Forex V2 | Ethereum | 10.55% | $1M | Med |
| Ultrayield | UltraYield USD | Ethereum | 10.35% | $4M | Med |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 10.29% | $3M | Low |
| Midas | Midas Fasanara ONE | Ethereum | 10.19% | $74M | Med |
| Morpho | August USDC V2 | Ethereum | 10.12% | $4M | Med |
| Ember | Ember Earn | Ethereum | 10.09% | $3M | Med |
| Wildcat | Selini USD Coin | Ethereum | 9.97% | $8M | Low |
| Morpho | Steakhouse Confidential Prime USDC | Ethereum | 9.67% | $23M | Med |
| Morpho | Waterline InfiniFi USDC | Ethereum | 9.44% incl. 3.14% rewards | $3M | Med |
| Upshift Finance | SingularV USDC Max Yield | Ethereum | 9.35% | $2M | Med |
| Lagoon | 1212.Stable | Ethereum | 9.32% | $2M | Med |
| Lagoon | Syntropia USDC | Ethereum | 9.25% | $3M | Med |
| Midas | Midas mEDGE | Ethereum | 8.99% | $2M | High |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 8.87% | $70M | Low |
| Midas | Midas Apollo Crypto | Ethereum | 8.78% | $8M | High |
| Wildcat | Auros USD Coin | Ethereum | 8.64% | $6M | Low |
| Accountable | Morini FXArbUSDTRY | Ethereum | 8.63% | $4M | Low |
| Morpho | Re Ecosystem Vault | Ethereum | 8.55% | $10M | Med |
| Lagoon | Gami USDC | Ethereum | 8.38% | $7M | Med |
| Fluid | Fluid Lite USD Vault | Ethereum | 8.31% | $39M | High |
| Upshift Finance | Sentora USD | Ethereum | 8.23% | $21M | Med |
| Yearn | Morpho Yearn OG USDC Compounder | Ethereum | 7.61% | $6M | Med |
| Morpho | RockawayX USDC Yield | Ethereum | 7.60% | $12M | Med |
| Morpho | Yearn OG USDC | Ethereum | 7.58% incl. 2.23% rewards | $7M | High |
| Morpho | Hyperithm USDC | Ethereum | 7.54% | $2M | High |
| Morpho | Yearn OG USDC V2 | Ethereum | 7.52% incl. 2.18% rewards | $2M | Med |
| Morpho | Clearstar USDC Reactor | Ethereum | 7.47% | $2M | High |
| Morpho | kpk USDC Yield V2 | Ethereum | 7.36% | $5M | Med |
| Morpho | 3Jane Ecosystem Vault | Ethereum | 7.31% incl. 2.22% rewards | $20M | Med |
| Morpho | Hyperithm Morpho USDC | Ethereum | 7.26% | $13M | Med |
| Euler | Euler Prime USDC | Ethereum | 7.11% | $1M | High |
| Morpho | Clearstar USDC Core | Ethereum | 6.98% | $1M | Med |
| Mellow | Lido EarnUSD | Ethereum | 6.68% | $36M | Med |
| Lagoon | 9Summits flagship USDC | Ethereum | 6.68% | $4M | Med |
| Accountable | Noon Sophon Yield Vault | Ethereum | 6.68% | $3M | Low |
| Morpho | Saturn USDC | Ethereum | 6.52% | $1M | Med |
| Morpho | sky.money USDC Risk Capital | Ethereum | 6.45% | $15M | Med |
| Morpho | Midas USDC | Ethereum | 6.37% | $12M | High |
| Harvest Finance | Harvest Morpho - Gauntlet Frontier USDC | Ethereum | 6.33% | $1M | Med |
Where does this yield come from?
USDC yield 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 yield on Ethereum mainnet right now?
The top 7-day average USDC APY on Ethereum mainnet is currently 22.43%, from Midas M1 USD Market Neutral. Across 50 tracked mainnet USDC vaults, rates range from 6.33% to 22.43%. Data from vaults.fyi, updated daily.
Related pages
- Best USDC Yields in DeFi
- Best USDC Yield on Base — Live Rates
- Best USDC Yield 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: July 16, 2026. Explore all vaults.