Best DeFi Yields on Ethereum
The top vault on Ethereum mainnet currently offers a 279.81% 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: June 10, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Accountable | Morini FXArbUSDTRY | Ethereum | 279.81% | $10M | Low |
| Accountable | SPICE Credit | Ethereum | 136.85% | $1M | Low |
| Euler | YieldNest Max USDC | Ethereum | 25.31% incl. 7.49% rewards | $1M | Med |
| Frax | Fraxlend FRAX (WBTC collateral) | Ethereum | 24.83% | $1M | Med |
| Morpho | Apyx USDC | Ethereum | 21.48% | $6M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 20.65% | $7M | Low |
| Midas | Midas M1 USD Market Neutral | Ethereum | 15.91% | $29M | Med |
| Morpho | Apyx apxUSD | Ethereum | 15.21% | $1M | Med |
| Beefy | Moo BIFI | Ethereum | 14.36% | $2M | Med |
| Apyx | apyUSD | Ethereum | 12.64% | $193M | Low |
| Ember | Ember Pharos Alpha | Ethereum | 12.51% | $38M | Med |
| Wildcat | Hyperithm Wildcat USD Coin | Ethereum | 12.08% | $1M | Low |
| Morpho | Flowdesk AUSD RWA Strategy | Ethereum | 11.91% | $15M | Med |
| Upshift Finance | SingularV USDC Max Yield | Ethereum | 11.60% | $2M | Med |
| Wildcat | MNNC Trading USD Coin | Ethereum | 11.58% | $2M | Low |
| Tokemak | Tokemak siloUSD | Ethereum | 11.41% | $2M | Med |
| Morpho | Alpha Frax USD Enhanced V2 | Ethereum | 11.09% incl. 2.10% rewards | $2M | Med |
| Wildcat | Selini USD Coin | Ethereum | 11.06% | $8M | Low |
| Wildcat | Selini Tether USD | Ethereum | 11.03% | $4M | Low |
| Wildcat | Hyperithm Wildcat USDe | Ethereum | 11.00% | $2M | Low |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 10.95% | $2M | Low |
| Morpho | Alpha Enhanced V2 | Ethereum | 10.80% | $3M | Med |
| Midas | Midas Fasanara ONE | Ethereum | 10.50% | $67M | Med |
| Wildcat | Auros USD Coin | Ethereum | 10.50% | $5M | Low |
| Morpho | Alpha USDC Prime V2 | Ethereum | 10.33% | $9M | Med |
| Lagoon | 1212.Stable | Ethereum | 10.13% | $2M | Med |
| Yearn | Yearn v2 WETH | Ethereum | 10.07% | $6M | High |
| Morpho | Alpha USDC Asia V2 | Ethereum | 9.97% | $8M | Med |
| Midas | Midas Hyperithm | Ethereum | 9.89% | $33M | High |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.47% | $57M | Low |
| Morpho | Alpha USDC Delta V2 | Ethereum | 9.43% | $33M | Med |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 9.40% | $80M | Low |
| Morpho | Alpha USDC Forex V2 | Ethereum | 9.28% | $3M | Med |
| Midas | Midas Apollo Crypto | Ethereum | 9.16% | $8M | High |
| Fluid | Fluid Lite USD Vault | Ethereum | 9.06% | $35M | High |
| Infinifi | Locked iUSD - 13 weeks | Ethereum | 8.92% | $6M | Low |
| Morpho | Alpha Core V2 | Ethereum | 8.65% | $13M | Med |
| Morpho | Api3 dCOMP USDC | Ethereum | 8.50% | $9M | Med |
| Ipor | Fusion stETH looping Ethereum | Ethereum | 8.43% | $5M | Med |
| Infinifi | Locked iUSD - 8 weeks | Ethereum | 8.24% | $5M | Low |
| Aave | Aave Ethereum USDG | Ethereum | 8.16% | $51M | High |
| Ember | Ember Earn | Ethereum | 8.12% | $5M | Med |
| Harvest Finance | Harvest Morpho - Gauntlet Frontier USDC | Ethereum | 7.37% | $1M | Med |
| Infinifi | Locked iUSD - 4 weeks | Ethereum | 7.34% | $5M | Low |
| Morpho | infiniFi x Steakhouse USDC | Ethereum | 7.28% incl. 2.28% rewards | $5M | Med |
| Morpho | Clearstar USDC Core | Ethereum | 7.16% | $7M | Med |
| Morpho | Clearstar USDC Reactor | Ethereum | 7.08% | $7M | High |
| Yearn | WETH-2 yVault | Ethereum | 6.99% | $2M | High |
| Morpho | Lulo USDC | Ethereum | 6.87% | $4M | Med |
| Morpho | Stake DAO frxUSD v2 | Ethereum | 6.59% incl. 0.14% rewards | $4M | 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 279.81%, from Morini FXArbUSDTRY. Across 50 tracked mainnet vaults, rates range from 6.59% to 279.81%. 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: June 10, 2026. Explore all vaults.