MORPHO DeFi Yields
The highest honest MORPHO yield right now is 129.67% on aerodrome-slipstream (Base), among 8 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
8 live pools above the $100K TVL floor · ranked by TVL
MORPHO's largest live pool is aerodrome-slipstream on Base at 129.67% ($980.5K TVL). 8 MORPHO pools across 3 chains clear this page's $100K TVL floor, $4.96M in total.
Your idle MORPHO could earn ~35.56% — park $675 and it could run a $20/mo Claude Pro subscription, forever.
See live MORPHO pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| aerodrome-slipstream → | Base | 129.67% | $980.5K |
| uniswap-v4 → | Ethereum | 8.07% | $808.3K |
| raydium-amm → | Solana | 35.56% | $452.1K |
| moonwell-lending → | Base | 8.66% | $415.1K |
| uniswap-v3 → | Base | 58.47% | $384K |
| uniswap-v3 → | Ethereum | 33.90% | $181.6K |
| uniswap-v3 → | Base | 87.77% | $164.4K |
Rate stability from APY history
Based on APY history only, MORPHO's lower-variability candidates are moonwell-lending (Base), 8.66% APY, $415.1K TVL, https://www.defi.garden/?pool=4af140f4-7467-48a5-8993-cd68003a7a6f&src=seo_token; uniswap-v4 (Ethereum), 8.07% APY, $808.3K TVL, https://www.defi.garden/?pool=7f8017d4-98f7-4e4c-b626-c4863ba4d356&src=seo_token; raydium-amm (Solana), 35.56% APY, $452.1K TVL, https://www.defi.garden/?pool=2167056c-624c-57bd-a01f-28974d08de13&src=seo_token; uniswap-v3 (Ethereum), 33.90% APY, $181.6K TVL, https://www.defi.garden/?pool=53da6e5a-778d-40d5-a5f3-f188b27cb576&src=seo_token; uniswap-v3 (Base), 87.77% APY, $164.4K TVL, https://www.defi.garden/?pool=ccc0d82d-c94f-406f-ace2-20b2ec5e278a&src=seo_token; aerodrome-slipstream (Base), 129.67% APY, $980.5K TVL, https://www.defi.garden/?pool=f884e3f7-f6e1-4b9e-b041-8624411ccddf&src=seo_token; uniswap-v3 (Base), 58.47% APY, $384K TVL, https://www.defi.garden/?pool=b22b7d0b-f09e-4d4f-9790-8a5619646c41&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | moonwell-lending → | Base | 8.66% | $415.1K |
| 2 | uniswap-v4 → | Ethereum | 8.07% | $808.3K |
| 3 | raydium-amm → | Solana | 35.56% | $452.1K |
| 4 | uniswap-v3 → | Ethereum | 33.90% | $181.6K |
| 5 | uniswap-v3 → | Base | 87.77% | $164.4K |
| 6 | aerodrome-slipstream → | Base | 129.67% | $980.5K |
| 7 | uniswap-v3 → | Base | 58.47% | $384K |
How this rate has behaved
MORPHO shows up in 7 pools here, with rates from 8.07% to 129.67% APY across 3 chains — the rate depends on which protocol and chain you pick, not just the token.
7 of these 7 pools have a trustworthy 30-day average on file, with a median of 33.84% — a useful check against today's number for whether the rate is steady or just having a good day.
1 of 7 pools blends in incentive or reward APY on top of the base rate. Incentive yield decays over time as reward programs run down — the base rate is the more durable number.
6 of 7 pools carry impermanent-loss risk, meaning a two-sided position can lose value against just holding, even while it earns yield.
| Protocol | APY | 30d Mean APY | Yield mix |
|---|---|---|---|
| aerodrome-slipstream | 129.67% | 90.39% | 43.97% incentives |
| uniswap-v4 | 8.07% | 5.77% | Base rate |
| raydium-amm | 35.56% | 33.84% | Base rate |
| moonwell-lending | 8.66% | 1.41% | Base rate |
| uniswap-v3 | 58.47% | 71.41% | Base rate |
| uniswap-v3 | 33.90% | 26.35% | Base rate |
| uniswap-v3 | 87.77% | 83.54% | Base rate |
The 30-day average comes straight from DefiLlama and only appears when it passes the same sanity rail as every other number on this page — a dash means it didn't clear that bar, not that it's being hidden. Every pool here already clears a $100K minimum TVL. Rates move daily, so treat this as a snapshot, not a promise.
Frequently asked questions
What's the highest MORPHO yield today?
129.67% APY on aerodrome-slipstream (Base), based on live DefiLlama data.
How many MORPHO pools clear the TVL floor?
8 live pools clear this page's $100K TVL floor, $4.96M in total.
Are these rates safe?
Pools listed on this page clear a $100K minimum TVL and exclude anomalous (>1000% APY) rates — that is this page's listing bar, not a safety guarantee. This is education, not financial advice; DeFi carries smart-contract and market risk regardless of the rate shown.
Which MORPHO pools have the most stable APY history?
Based on APY history only, MORPHO's lower-variability candidates are moonwell-lending (Base), 8.66% APY, $415.1K TVL, https://www.defi.garden/?pool=4af140f4-7467-48a5-8993-cd68003a7a6f&src=seo_token; uniswap-v4 (Ethereum), 8.07% APY, $808.3K TVL, https://www.defi.garden/?pool=7f8017d4-98f7-4e4c-b626-c4863ba4d356&src=seo_token; raydium-amm (Solana), 35.56% APY, $452.1K TVL, https://www.defi.garden/?pool=2167056c-624c-57bd-a01f-28974d08de13&src=seo_token; uniswap-v3 (Ethereum), 33.90% APY, $181.6K TVL, https://www.defi.garden/?pool=53da6e5a-778d-40d5-a5f3-f188b27cb576&src=seo_token; uniswap-v3 (Base), 87.77% APY, $164.4K TVL, https://www.defi.garden/?pool=ccc0d82d-c94f-406f-ace2-20b2ec5e278a&src=seo_token; aerodrome-slipstream (Base), 129.67% APY, $980.5K TVL, https://www.defi.garden/?pool=f884e3f7-f6e1-4b9e-b041-8624411ccddf&src=seo_token; uniswap-v3 (Base), 58.47% APY, $384K TVL, https://www.defi.garden/?pool=b22b7d0b-f09e-4d4f-9790-8a5619646c41&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
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Yields are live from DefiLlama. Pools on this page clear a $100K minimum TVL and exclude anomalous rates — that's this page's listing bar, not a safety guarantee. Education only, not financial advice.
Last updated September 2, 2026
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