Best USDT Yields in DeFi
The top USDT vault currently offers a 17.83% 7-day average APY. The table below ranks 47 USDT vaults by 7-day average APY. Rates update daily at 06:00 UTC.
Last updated: October 05, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Lagoon | DeltaUSD HyperLiquid USDN Funding Arb | Ethereum | 17.83% | $1M | Med |
| Wildcat | Selini Tether USD | Ethereum | 10.11% | $8M | Med |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.29% | $48M | Med |
| Concrete | Concrete Decentralized Finance USDT | Ethereum | 7.14% | $30M | High |
| Yearn | Yearn v2 USDT | Ethereum | 6.90% | $5M | High |
| Syrup | Syrup USDT | Ethereum | 5.73% | $272M | High |
| Morpho | Wintermute USDT Select | Ethereum | 5.14% | $11M | Med |
| Morpho | Safe x Smokehouse USDT | Ethereum | 4.63% | $2M | Med |
| Morpho | Flowdesk Confidential High Yield USDT | Ethereum | 4.59% | $17M | Med |
| Aave | Aave v4 Ethena Ecosystem USDT | Ethereum | 4.47% | $3M | Med |
| Fluid | Fluid USDT | Ethereum | 4.46% | $132M | High |
| Morpho | Gauntlet USDT Frontier V2 | Ethereum | 4.32% | $1M | Med |
| Morpho | Smokehouse USDT | Ethereum | 4.28% | $22M | High |
| Aave | Aave v4 Bluechip USDT | Ethereum | 4.16% | $3M | Med |
| Aave | Aave v3 USDT | Ethereum | 3.76% | $2.9B | High |
| Morpho | Steakhouse High Yield Instant | Ethereum | 3.67% | $2M | Med |
| Morpho | sky.money USDT Savings | Ethereum | 3.65% incl. 0.84% rewards | $61M | High |
| Aave | Aave v4 Main USDT | Ethereum | 3.55% | $21M | Med |
| Aave | Aave v4 Forex USDT | Ethereum | 3.55% | $3M | Med |
| Morpho | kpk USDT Prime V2 | Ethereum | 3.55% | $1M | Med |
| Spark | Spark Savings USDT | Ethereum | 3.50% | $447M | High |
| Morpho | Uniswap USDT | Ethereum | 3.49% | $7M | Med |
| Flying Tulip | Flying Tulip Lend USDT | Ethereum | 3.47% incl. 3.47% rewards | $2M | Med |
| Spark | Spark USDT | Ethereum | 3.46% | $333M | High |
| Morpho | SharpByte USDT Prime | Ethereum | 3.45% | $4M | Med |
| Morpho | Yearn USDT | Ethereum | 3.45% | $3M | Med |
| Morpho | Steakhouse Prime Instant | Ethereum | 3.43% | $64M | High |
| Morpho | Wintermute USDT Prime | Ethereum | 3.43% | $2M | Med |
| Morpho | Galaxy USDT Quality | Ethereum | 3.41% | $11M | Med |
| Morpho | Gauntlet USDT Prime | Ethereum | 3.32% | $2M | Med |
| Morpho | Steakhouse USDT | Ethereum | 3.23% | $83M | High |
| Compound | Compound v3 USDT | Ethereum | 3.22% | $162M | High |
| Morpho | Gauntlet USDT Prime | Ethereum | 3.22% | $3M | High |
| Morpho | Gauntlet USDT Frontier | Ethereum | 3.21% | $9M | High |
| Morpho | Vault Bridge USDT | Ethereum | 3.16% | $3M | High |
| Morpho | Safe x Steakhouse USDT | Ethereum | 3.11% | $3M | Med |
| Morpho | Trezor Steakhouse USDT Prime | Ethereum | 3.06% | $19M | Med |
| Compound | Compound v3 USDT | Optimism | 3.03% | $2M | High |
| Yearn | USDT-1 yVault | Ethereum | 3.00% | $6M | Med |
| Aave | Aave v3 USDT | Optimism | 3.00% | $4M | High |
| Morpho | Hakutora USDT | Ethereum | 2.90% | $6M | High |
| Morpho | Gaunlet USDT Prime | Ethereum | 2.73% | $1M | Med |
| Morpho | Gauntlet USDT Core | Ethereum | 2.72% | $3M | Med |
| Morpho | Spark Blue Chip USDT Vault | Ethereum | 2.60% | $42M | Med |
| Venus | Venus USDT (Core) | Ethereum | 1.27% | $1M | Med |
| Lista | Lista USDT Savings Vault | Ethereum | 0.30% | $4M | Med |
| Aave | Aave v2 USDT | Ethereum | 0.18% | $10M | High |
Where does this yield come from?
USDT yield in DeFi comes from lending interest paid by borrowers, liquidity provision fees, and protocol incentive rewards. USDT borrowing demand tracks overall DeFi leverage activity.
Risk considerations
USDT carries Tether counterparty risk in addition to standard DeFi risks (smart contract vulnerabilities, protocol insolvency). Review the protocol's audit status, TVL, and insurance coverage before depositing.
Frequently asked questions
What is the best USDT yield available in DeFi right now?
The highest 7-day average USDT APY is currently 17.83%, from DeltaUSD HyperLiquid USDN Funding Arb on Ethereum. Rates across 47 tracked vaults range from 0.18% to 17.83%. Data sourced from vaults.fyi, updated daily.
How does USDT yield compare to USDC yield in DeFi?
USDT and USDC yields track each other closely because they serve similar roles in DeFi lending markets. USDT sometimes carries a small premium due to slightly different liquidity and risk profiles. The gap rarely exceeds 0.5% under normal market conditions.
Where does USDT yield in DeFi come from?
USDT yield comes from lending interest paid by borrowers and from protocol incentive rewards. Base yield tracks stablecoin borrowing demand, which rises during periods of high leverage in DeFi. Reward yield varies with protocol token prices and emissions.
What are the risks of DeFi USDT yield?
USDT yield in DeFi carries smart contract risk, protocol insolvency risk, and Tether issuer risk (USDT is issued by Tether Ltd, a centralized entity). Review audits and protocol TVL before depositing. There is no deposit insurance in DeFi.
Related pages
- Best USDC Yields in DeFi
- Best Stablecoin Yields in DeFi
- Morpho Vault APY — Live Rates
- Aave USDC APY — Live Rate
Data sourced from vaults.fyi, updated daily. Last updated: October 05, 2026. Explore all vaults.