Best DeFi Yields on Ethereum
The top vault on Ethereum mainnet currently offers a 26.66% 7-day average APY. The table below ranks 50 Ethereum mainnet vaults by 7-day average APY. Rates update daily at 06:00 UTC.
Last updated: May 18, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Term | Shorewoods USDC | Ethereum | 26.66% | $1M | Med |
| Lagoon | DAMM Ethereum Fund | Ethereum | 21.36% | $3M | Med |
| Euler | YieldNest Max USDC | Ethereum | 19.92% incl. 6.40% rewards | $2M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 18.60% | $7M | Low |
| Upshift Finance | SingularV USDC Max Yield | Ethereum | 17.95% | $3M | Med |
| Midas | Midas Fasanara ONE | Ethereum | 13.05% | $71M | Med |
| Ember | Crosschain USD Vault | Ethereum | 13.02% | $3M | Med |
| Ember | Ember Pharos Alpha | Ethereum | 12.63% | $46M | Med |
| Beefy | Moo BIFI | Ethereum | 11.59% | $2M | Med |
| Upshift Finance | MNNC Azure Tide USDC | Ethereum | 11.36% | $8M | Med |
| Morpho | Alpha USDC Delta V2 | Ethereum | 11.10% | $24M | Med |
| Tokemak | Tokemak siloUSD | Ethereum | 11.05% | $2M | Med |
| Wildcat | Amber USD Coin | Ethereum | 11.04% | $2M | Low |
| Midas | Midas Apollo Crypto | Ethereum | 10.82% | $9M | High |
| Wildcat | Selini USD Coin | Ethereum | 10.80% | $8M | Low |
| Morpho | Flowdesk AUSD RWA Strategy | Ethereum | 10.74% incl. 3.22% rewards | $20M | Med |
| Apyx | apyUSD | Ethereum | 10.63% | $169M | Low |
| Wildcat | MNNC Trading USD Coin | Ethereum | 10.47% | $2M | Low |
| Wildcat | Selini Tether USD | Ethereum | 9.96% | $4M | Low |
| Wildcat | Hyperithm Wildcat USDe | Ethereum | 9.96% | $2M | Low |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 9.96% | $1M | Low |
| Morpho | Alpha USDC Prime V2 | Ethereum | 9.90% | $3M | Med |
| Lagoon | DeltaUSD HyperLiquid USDN Funding Arb | Ethereum | 9.75% | $1M | Med |
| Morpho | Alpha USDC Asia V2 | Ethereum | 9.63% | $9M | Med |
| Term | USDC Meta Vault | Ethereum | 9.60% | $4M | Med |
| Wildcat | Keyrock Euro Coin | Ethereum | 9.50% | $1M | Low |
| Wildcat | Auros USD Coin | Ethereum | 9.44% | $6M | Low |
| Wildcat | Auros Tether USD | Ethereum | 9.41% | $1M | Low |
| Morpho | Api3 dCOMP USDC | Ethereum | 9.35% | $7M | Med |
| Midas | Midas Hyperithm | Ethereum | 9.22% | $25M | High |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.19% | $43M | Low |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 9.18% | $107M | Low |
| Morpho | Stake DAO frxUSD v2 | Ethereum | 9.07% incl. 2.59% rewards | $7M | Med |
| Morpho | Alpha Core V2 | Ethereum | 8.96% | $10M | Med |
| Ipor | Fusion stETH looping Ethereum | Ethereum | 8.89% | $6M | Med |
| Yearn | Katana yvUSDC Compounder | Ethereum | 8.28% | $3M | Med |
| Morpho | Alpha APXUSD V2 | Ethereum | 8.23% | $2M | Med |
| Fluid | Fluid Lite USD Vault | Ethereum | 8.10% | $37M | High |
| Upshift Finance | NEMO ETH Yield | Ethereum | 7.97% | $5M | Med |
| Lagoon | Gami USDC | Ethereum | 7.68% | $3M | Med |
| Midas | Midas Everstake USD | Ethereum | 7.55% | $4M | Med |
| Yearn | yETH Recovery Vault | Ethereum | 7.54% | $2M | Med |
| Morpho | Alpha USDC Forex V2 | Ethereum | 7.17% | $3M | Med |
| Morpho | Clearstar USDC Core | Ethereum | 7.16% | $7M | Med |
| Morpho | Clearstar USDC Reactor | Ethereum | 7.07% | $10M | High |
| Ember | Ember Earn | Ethereum | 7.05% | $5M | Med |
| Upshift Finance | Treehouse Growth Vault v2 | Ethereum | 7.02% | $2M | Med |
| Midas | Midas Re7 BTC | Ethereum | 6.90% | $2M | Med |
| Lagoon | 9Summits flagship USDC | Ethereum | 6.80% | $5M | Med |
| Revert.Finance | Revert Lend USDC | Ethereum | 6.71% | $1M | Med |
Where does this yield come from?
Ethereum mainnet DeFi yield comes from the deepest liquidity pools in crypto: Aave, Morpho, Sky, Compound, Yearn, and more. Mainnet hosts the largest TVL and the most established protocols, with organic lending rates driven by stablecoin borrowing demand.
Risk considerations
Ethereum mainnet carries no bridge risk, but smart contract and protocol risks apply. Gas costs are higher than L2s. Protocols on mainnet are generally the most audited and battle-tested in DeFi. No DeFi deposit is insured.
Frequently asked questions
What is the best DeFi yield on Ethereum mainnet right now?
The top 7-day average APY on Ethereum mainnet is currently 26.66%, from Shorewoods USDC. Across 50 tracked mainnet vaults, rates range from 6.71% to 26.66%. Data from vaults.fyi, updated daily.
Is it worth using Ethereum mainnet for DeFi yield vs. L2s?
Mainnet offers the deepest liquidity and most established protocols, but higher gas costs make small deposits less efficient. For deposits under $10,000, L2s like Arbitrum and Base typically offer better net returns after gas. For large deposits, mainnet protocols have the deepest capacity and lowest slippage.
Related pages
- Best DeFi Yields on Base
- Best DeFi Yields on Arbitrum
- Best Stablecoin Yields in DeFi
- Best USDC Yield on Ethereum — Live Rates
- Morpho Vault APY — Live Rates
- Aave USDC APY — Live Rate
Data sourced from vaults.fyi, updated daily. Last updated: May 18, 2026. Explore all vaults.