DAI Yield in DeFi — Live Rates
The top DAI vault currently offers a 4.44% 7-day average APY. The table below ranks 10 DAI 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 |
|---|---|---|---|---|---|
| Morpho | Gauntlet DAI Core | Ethereum | 4.44% | $2M | High |
| Yearn | DAI to USDS Depositor | Ethereum | 4.09% | $3M | Med |
| Yearn | DAI To USDC-1 Depositor | Ethereum | 2.86% | $7M | Med |
| Yearn | DAI-1 yVault | Ethereum | 2.61% | $10M | High |
| Spark | Spark DAI | Ethereum | 2.37% | $277M | High |
| Aave | Aave v3 DAI | Ethereum | 2.32% | $105M | High |
| Aave | Aave v3 DAI | Arbitrum | 1.85% | $4M | High |
| MakerDAO | Maker DSR (sDAI) | Ethereum | 1.25% | $220M | Low |
| Spark | Savings Dai (sDAI) | Ethereum | 1.25% | $177M | High |
| Aave | Aave v2 DAI | Ethereum | 0.24% | $10M | High |
Where does this yield come from?
DAI yield comes from the DAI Savings Rate (DSR), set by Sky governance, and from lending protocols like Aave, Morpho, and Spark. The DSR is a baseline rate paid to DSR depositors from Sky's surplus buffer.
Risk considerations
DAI is a decentralized overcollateralized stablecoin with a multi-year track record. Key risks: collateral de-peg scenarios, governance changes to the DSR, and smart contract risk. No DeFi deposit is insured. DAI holders can migrate to USDS 1:1.
Frequently asked questions
What is the current DAI yield?
The top 7-day average DAI APY is currently 4.44%, from Gauntlet DAI Core on Ethereum. Across 10 tracked DAI vaults, rates range from 0.24% to 4.44%. Data from vaults.fyi, updated daily.
Should I hold DAI or USDS for DeFi yield?
USDS is the successor to DAI under the Sky rebranding. DAI can be migrated to USDS 1:1. The USR for USDS is typically the same as the DSR for DAI. Both are equivalent for yield purposes — the main difference is that USDS is the direction Sky is moving and has broader new integrations.
Related pages
- USDS Yield in DeFi — Live Rates
- Best Stablecoin Yields in DeFi
- Sky / USDS Yield — Live DSR Rate
- Best USDC Yields in DeFi
Data sourced from vaults.fyi, updated daily. Last updated: June 10, 2026. Explore all vaults.