Best DeFi Yields on Ethereum
The top vault on Ethereum mainnet currently offers a 28.33% 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: July 16, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Concrete | Concrete FraxUSD + | Ethereum | 28.33% | $4M | Med |
| Midas | Midas M1 USD Market Neutral | Ethereum | 22.43% | $29M | Med |
| Wildcat | Kain Warwick USD Coin | Ethereum | 18.64% | $7M | Low |
| Beefy | Moo BIFI | Ethereum | 17.93% | $2M | Med |
| Euler | YieldNest Max USDC | Ethereum | 17.82% | $1M | Med |
| Upshift Finance | NEMO ETH Yield | Ethereum | 15.64% | $5M | Med |
| Apyx | apyUSD | Ethereum | 15.18% | $153M | Low |
| Yearn | Spark USDS Compounder | Ethereum | 15.10% | $1M | Med |
| Morpho | Steakhouse Ethena USDtb | Ethereum | 14.94% incl. 8.10% rewards | $10M | Med |
| Accountable | SPICE Credit | Ethereum | 14.52% | $1M | Low |
| Ember | Ember Pharos Alpha | Ethereum | 13.68% | $8M | Med |
| Lagoon | Syntropia USDC Core | Ethereum | 12.85% | $1M | Med |
| Midas | Midas Hyperithm | Ethereum | 12.18% | $47M | High |
| Accountable | ONyC Core | Ethereum | 11.66% | $2M | Low |
| Wildcat | MNNC Trading USD Coin | Ethereum | 11.03% | $2M | Low |
| Morpho | Api3 dCOMP USDC | Ethereum | 10.99% | $14M | Med |
| Wildcat | Hyperithm Wildcat USD Coin | Ethereum | 10.99% | $1M | Low |
| Yearn | Staked yBOLD | Ethereum | 10.96% | $5M | Med |
| Morpho | Alpha USDC Forex V2 | Ethereum | 10.55% | $1M | Med |
| Ultrayield | UltraYield USD | Ethereum | 10.35% | $4M | Med |
| Wildcat | Hyperithm WildcatFast USD Coin | Ethereum | 10.29% | $3M | Low |
| Midas | Midas Fasanara ONE | Ethereum | 10.19% | $74M | Med |
| Morpho | August USDC V2 | Ethereum | 10.12% | $4M | Med |
| Ember | Ember Earn | Ethereum | 10.09% | $3M | Med |
| Wildcat | Hyperithm Wildcat USDe | Ethereum | 10.03% | $2M | Low |
| Wildcat | Selini USD Coin | Ethereum | 9.97% | $8M | Low |
| Wildcat | Selini Tether USD | Ethereum | 9.96% | $7M | Low |
| Liquity | sBOLD | Ethereum | 9.71% | $8M | Low |
| Morpho | Steakhouse Confidential Prime USDC | Ethereum | 9.67% | $23M | Med |
| Yearn | Yearn v2 WETH | Ethereum | 9.66% | $7M | High |
| Wildcat | Keyrock Euro Coin | Ethereum | 9.44% | $1M | Low |
| Morpho | Waterline InfiniFi USDC | Ethereum | 9.44% incl. 3.14% rewards | $3M | Med |
| Upshift Finance | SingularV USDC Max Yield | Ethereum | 9.35% | $2M | Med |
| Lagoon | 1212.Stable | Ethereum | 9.32% | $2M | Med |
| Wildcat | Wintermute Trading Tether USD | Ethereum | 9.31% | $48M | Low |
| Lagoon | Syntropia USDC | Ethereum | 9.25% | $3M | Med |
| Morpho | Stake DAO frxUSD v2 | Ethereum | 9.14% incl. 0.16% rewards | $4M | Med |
| Midas | Midas mEDGE | Ethereum | 8.99% | $2M | High |
| Wildcat | Wintermute Trading USD Coin | Ethereum | 8.87% | $70M | Low |
| Midas | Midas Apollo Crypto | Ethereum | 8.78% | $8M | High |
| Wildcat | Auros USD Coin | Ethereum | 8.64% | $6M | Low |
| Accountable | Morini FXArbUSDTRY | Ethereum | 8.63% | $4M | Low |
| Infinifi | Locked iUSD - 13 weeks | Ethereum | 8.58% | $1M | Low |
| Morpho | Re Ecosystem Vault | Ethereum | 8.55% | $10M | Med |
| Lagoon | Gami USDC | Ethereum | 8.38% | $7M | Med |
| Fluid | Fluid Lite USD Vault | Ethereum | 8.31% | $39M | High |
| Upshift Finance | Sentora USD | Ethereum | 8.23% | $21M | Med |
| Infinifi | Locked iUSD - 8 weeks | Ethereum | 7.98% | $6M | Low |
| Yearn | Morpho Yearn OG USDC Compounder | Ethereum | 7.61% | $6M | Med |
| Morpho | RockawayX USDC Yield | Ethereum | 7.60% | $12M | 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 28.33%, from Concrete FraxUSD +. Across 50 tracked mainnet vaults, rates range from 7.60% to 28.33%. 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: July 16, 2026. Explore all vaults.