Best USDT Yields in DeFi
The top USDT vault currently offers a 11.73% 7-day average APY. The table below ranks 33 USDT vaults 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 |
|---|---|---|---|---|---|
| Compound | Compound v3 USDT | Optimism | 11.73% | $2M | High |
| Wildcat | Selini Tether USD | Ethereum | 9.96% | $7M | Low |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.31% | $48M | Low |
| Spark | Spark USDT | Ethereum | 5.43% | $425M | High |
| Morpho | Safe x Smokehouse USDT | Ethereum | 5.05% | $2M | Med |
| Fluid | Fluid USDT | Ethereum | 4.97% | $147M | High |
| Morpho | Gauntlet USDT Frontier | Ethereum | 4.63% | $11M | High |
| Morpho | Gauntlet USDT Frontier V2 | Ethereum | 4.28% | $2M | Med |
| Syrup | Syrup USDT | Ethereum | 4.08% | $420M | High |
| Morpho | Gauntlet USDT Core | Ethereum | 3.92% | $4M | Med |
| Morpho | Smokehouse USDT | Ethereum | 3.87% | $25M | High |
| Morpho | Safe x Steakhouse USDT | Ethereum | 3.87% | $2M | Med |
| Morpho | Steakhouse High Yield Instant | Ethereum | 3.69% | $2M | Med |
| Morpho | kpk USDT Prime V2 | Ethereum | 3.47% | $2M | Med |
| Morpho | Gauntlet USDT Prime | Ethereum | 3.46% | $2M | Med |
| Morpho | Steakhouse Prime Instant | Ethereum | 3.42% | $71M | High |
| Morpho | Gauntlet USDT Prime | Ethereum | 3.42% | $6M | High |
| Morpho | sky.money USDT Savings | Ethereum | 3.38% incl. 0.80% rewards | $63M | High |
| Morpho | Galaxy USDT Quality | Ethereum | 3.34% | $31M | Med |
| Morpho | Steakhouse USDT | Ethereum | 3.24% | $89M | High |
| Aave | Aave v3 USDT | Optimism | 3.21% | $4M | High |
| Morpho | Vault Bridge USDT | Ethereum | 2.92% | $5M | High |
| Morpho | Hakutora USDT | Ethereum | 2.90% | $7M | High |
| Morpho | Gaunlet USDT Prime | Ethereum | 2.90% | $2M | Med |
| Compound | Compound v3 USDT | Ethereum | 2.90% | $193M | High |
| Aave | Aave v3 USDT | Ethereum | 2.75% | $3.0B | High |
| Spark | Spark Savings USDT | Ethereum | 2.74% | $404M | High |
| Concrete | Concrete Decentralized Finance USDT | Ethereum | 2.58% | $34M | Med |
| Yearn | USDT-1 yVault | Ethereum | 2.25% | $7M | High |
| Venus | Venus USDT (Core) | Ethereum | 1.00% | $1M | High |
| Yearn | Yearn v2 USDT | Ethereum | 0.71% | $5M | High |
| Aave | Aave v2 USDT | Ethereum | 0.13% | $13M | High |
| Lista | Lista USDT Savings Vault | Ethereum | 0.09% | $3M | Med |
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 11.73%, from Compound v3 USDT on Optimism. Rates across 33 tracked vaults range from 0.09% to 11.73%. 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: July 16, 2026. Explore all vaults.