Best DeFi Yields on Ethereum
The top vault on Ethereum mainnet currently offers a 199.29% 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: October 15, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Concrete | Concrete Decentralized Finance USDT | Ethereum | 199.29% | $17M | High |
| Midas | Midas Hyperithm BTC | Ethereum | 151.36% | $22M | Med |
| Concrete | Concrete WBTC | Ethereum | 41.47% | $3M | Med |
| Midas | Morini CarryTradeUSDTRYLeverage Vault | Ethereum | 37.31% | $12M | Med |
| Midas | Midas M1 USD Market Neutral | Ethereum | 24.37% | $26M | Med |
| Upshift Finance | NEMO USDC Yield | Ethereum | 16.79% | $13M | Med |
| Lagoon | Syntropia USDC Core | Ethereum | 15.47% | $1M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 14.91% | $6M | Med |
| Accountable | SPICE Credit | Ethereum | 14.67% incl. 0.68% rewards | $1M | Med |
| Lagoon | DeltaUSD HyperLiquid USDN Funding Arb | Ethereum | 14.55% | $1M | Med |
| Apyx | apyUSD | Ethereum | 13.44% | $160M | Med |
| Ember | Ember Pharos Alpha | Ethereum | 12.89% | $3M | Med |
| Accountable | Morini FXArbUSDTRY | Ethereum | 12.09% | $3M | Med |
| Morpho | 9Summits Piku Ecosystem USDC | Ethereum | 12.07% | $1M | Med |
| Beefy | Moo BIFI | Ethereum | 11.10% | $3M | Low |
| Upshift Finance | Axis Origin USDx | Ethereum | 10.76% | $25M | Low |
| Morpho | Clearstar USDC Core | Ethereum | 10.68% incl. 4.62% rewards | $2M | Med |
| Wildcat | Auros USD Coin | Ethereum | 10.44% | $8M | Med |
| Wildcat | Key USD Coin | Ethereum | 10.44% | $2M | Med |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 10.44% | $1M | Med |
| Lagoon | 1212.Stable | Ethereum | 10.31% | $2M | Med |
| Lagoon | Tulipa USDC | Ethereum | 10.07% | $8M | Med |
| Wildcat | Selini USD Coin | Ethereum | 9.89% | $10M | Med |
| Wildcat | Selini Tether USD | Ethereum | 9.89% | $8M | Med |
| Morpho | Steakhouse High Yield Term AUSD | Ethereum | 9.89% | $2M | Med |
| Wildcat | Keyrock Euro Coin | Ethereum | 9.89% | $2M | Med |
| Infinifi | Locked iUSD - 13 weeks | Ethereum | 9.60% | $4M | Med |
| Lagoon | Gami USDC | Ethereum | 9.54% | $9M | Med |
| Midas | Midas Apollo Crypto | Ethereum | 9.54% | $8M | Med |
| Morpho | Flowdesk AUSD RWA Strategy | Ethereum | 9.52% | $3M | Med |
| Ember | Ember Earn | Ethereum | 9.44% | $4M | Med |
| Accountable | ONyC Core | Ethereum | 9.44% | $3M | Med |
| Wildcat | Auros STBL_USST - USST Token | Ethereum | 9.35% | $1M | Med |
| Wildcat | KappaLab Ethena USDe | Ethereum | 9.35% | $1M | Med |
| Ember | Bitwise Premium+ | Ethereum | 9.15% | $6M | Med |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.08% | $48M | Med |
| Ember | Ember Y10K | Ethereum | 9.02% | $18M | Med |
| Midas | Morini StockMarketTRBasisTrade Vault | Ethereum | 8.96% | $3M | Med |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 8.88% | $73M | Med |
| Infinifi | Locked iUSD - 8 weeks | Ethereum | 8.88% | $5M | Med |
| Yearn | DAI to USDS Depositor | Ethereum | 8.86% | $2M | Med |
| Morpho | Kabu USDC | Ethereum | 8.67% | $1M | Med |
| Morpho | RockawayX f(x) Protocol Ecosystem USDC | Ethereum | 8.61% incl. 4.84% rewards | $20M | Med |
| Morpho | Steakhouse High Yield Turbo | Ethereum | 8.53% | $2M | Med |
| Upshift Finance | NEMO ETH Yield | Ethereum | 8.40% | $8M | Med |
| Morpho | Apyx apxUSD | Ethereum | 8.23% | $1M | Med |
| Ultrayield | UltraYield USD | Ethereum | 8.21% | $6M | Med |
| Midas | Turtle Huma PST Vault | Ethereum | 8.18% | $3M | Med |
| Yearn | USDC to USDS Depositor | Ethereum | 8.12% | $5M | Med |
| Morpho | Frax USDai Ecosystem | Ethereum | 7.96% incl. 3.44% rewards | $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 199.29%, from Concrete Decentralized Finance USDT. Across 50 tracked mainnet vaults, rates range from 7.96% to 199.29%. 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: October 15, 2026. Explore all vaults.