SMUSD DeFi Yields
The highest honest SMUSD yield right now is 3.78% on mezo-vaults (Mezo), among 2 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
2 live pools above the $100K TVL floor ยท ranked by TVL
Pool data verified from DefiLlama at generation time: October 18, 2026. Rates change continuously.
SMUSD's largest live pool is mezo-vaults on Mezo at 0.78% ($5.29M TVL). 2 SMUSD pools across 1 chain clear this page's $100K TVL floor, $7.37M in total.
Your idle SMUSD could earn ~2.28% โ park $10.5K and it could run a $20/mo Claude Pro subscription, forever.
See live SMUSD pools โ| Protocol | Chain | APY | TVL |
|---|---|---|---|
| mezo-vaults โ | Mezo | 0.78% | $5.29M |
| mezo-vaults โ | Mezo | 3.78% | $2.07M |
Rate stability from APY history
Based on APY history only, SMUSD's lower-variability candidates are mezo-vaults (Mezo), 3.78% APY, $2.07M TVL, https://www.defi.garden/?pool=515e257a-3a9c-418b-93fc-acabf4021905#src=seo_token; mezo-vaults (Mezo), 0.78% APY, $5.29M TVL, https://www.defi.garden/?pool=3331548c-0ff8-40b6-8502-8260623a37df#src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | mezo-vaults → | Mezo | 3.78% | $2.07M |
| 2 | mezo-vaults → | Mezo | 0.78% | $5.29M |
How this rate has behaved
SMUSD shows up in 2 pools here, with rates from 0.78% to 3.78% APY across 1 chains โ the rate depends on which protocol and chain you pick, not just the token.
2 of these 2 pools have a trustworthy 30-day average on file, with a median of 3.16% โ a useful check against today's number for whether the rate is steady or just having a good day.
1 of 2 pools blends in incentive or reward APY on top of the base rate. Incentive yield decays over time as reward programs run down โ the base rate is the more durable number.
| Protocol | APY | 30d Mean APY | Yield mix |
|---|---|---|---|
| mezo-vaults | 0.78% | 1.93% | 100.00% incentives |
| mezo-vaults | 3.78% | 4.39% | 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 โ 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 SMUSD yield today?
3.78% APY on mezo-vaults (Mezo), based on live DefiLlama data.
How many SMUSD pools clear the TVL floor?
2 live pools clear this page's $100K TVL floor, $7.37M in total.
Are these rates safe?
Pools listed on this page clear a $100K minimum TVL and exclude anomalous (>1000% APY) rates โ 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 SMUSD pools have the most stable APY history?
Based on APY history only, SMUSD's lower-variability candidates are mezo-vaults (Mezo), 3.78% APY, $2.07M TVL, https://www.defi.garden/?pool=515e257a-3a9c-418b-93fc-acabf4021905#src=seo_token; mezo-vaults (Mezo), 0.78% APY, $5.29M TVL, https://www.defi.garden/?pool=3331548c-0ff8-40b6-8502-8260623a37df#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 โ that's this page's listing bar, not a safety guarantee. Education only, not financial advice.
Last updated October 18, 2026
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