USDAT DeFi Yields
The highest honest USDAT yield right now is 8.76% on pendle-v2 (Monad), among 10 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
10 live pools above the $100K TVL floor · ranked by TVL
Pool data verified from DefiLlama at generation time: October 18, 2026. Rates change continuously.
USDAT's largest live pool is morpho-blue on Monad at 0.69% ($27.6M TVL). 10 USDAT pools across 2 chains clear this page's $100K TVL floor, $61.26M in total.
Your idle USDAT could earn ~6.74% — park $3.6K and it could run a $20/mo Claude Pro subscription, forever.
See live USDAT pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| morpho-blue → | Monad | 0.69% | $27.6M |
| curve-dex → | Ethereum | 0.17% | $4.23M |
| pendle-v2 → | Ethereum | 7.98% | $2.31M |
| pendle-v2 → | Ethereum | 5.90% | $2.31M |
| pendle-v2 → | Monad | 8.76% | $1.64M |
| pendle-v2 → | Monad | 7.59% | $1.64M |
Rate stability from APY history
Based on APY history only, USDAT's lower-variability candidates are morpho-blue (Monad), 0.69% APY, $27.6M TVL, https://www.defi.garden/?pool=e864b9eb-bd40-57f3-be5a-2969271ad7e2#src=seo_token; curve-dex (Ethereum), 0.17% APY, $4.23M TVL, https://www.defi.garden/?pool=bf004519-b1f8-4b45-a5ba-334473e701e2#src=seo_token; pendle-v2 (Ethereum), 7.98% APY, $2.31M TVL, https://www.defi.garden/?pool=c3590202-2568-597a-8c7a-3f25fed83b34#src=seo_token; pendle-v2 (Monad), 8.76% APY, $1.64M TVL, https://www.defi.garden/?pool=e59641ad-24a2-520a-aca3-8bd73bdf61e9#src=seo_token; pendle-v2 (Monad), 7.59% APY, $1.64M TVL, https://www.defi.garden/?pool=5b0253f1-000a-5b6f-bf90-1e413d0cf88e#src=seo_token; pendle-v2 (Ethereum), 5.90% APY, $2.31M TVL, https://www.defi.garden/?pool=0a1b4afe-48cc-5179-ba28-e9d4ee931c86#src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | morpho-blue → | Monad | 0.69% | $27.6M |
| 2 | curve-dex → | Ethereum | 0.17% | $4.23M |
| 3 | pendle-v2 → | Ethereum | 7.98% | $2.31M |
| 4 | pendle-v2 → | Monad | 8.76% | $1.64M |
| 5 | pendle-v2 → | Monad | 7.59% | $1.64M |
| 6 | pendle-v2 → | Ethereum | 5.90% | $2.31M |
How this rate has behaved
USDAT shows up in 6 pools here, with rates from 0.17% to 8.76% APY across 2 chains — the rate depends on which protocol and chain you pick, not just the token.
6 of these 6 pools have a trustworthy 30-day average on file, with a median of 7.77% — a useful check against today's number for whether the rate is steady or just having a good day.
3 of 6 pools blend 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.
1 of 6 pools carries 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 |
|---|---|---|---|
| morpho-blue | 0.69% | 1.14% | 100.00% incentives |
| curve-dex | 0.17% | 0.33% | Base rate |
| pendle-v2 | 7.98% | 8.15% | Base rate |
| pendle-v2 | 5.90% | 8.04% | 6.28% incentives |
| pendle-v2 | 8.76% | 8.53% | Base rate |
| pendle-v2 | 7.59% | 7.51% | 25.97% incentives |
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 USDAT yield today?
8.76% APY on pendle-v2 (Monad), based on live DefiLlama data.
How many USDAT pools clear the TVL floor?
10 live pools clear this page's $100K TVL floor, $61.26M 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 USDAT pools have the most stable APY history?
Based on APY history only, USDAT's lower-variability candidates are morpho-blue (Monad), 0.69% APY, $27.6M TVL, https://www.defi.garden/?pool=e864b9eb-bd40-57f3-be5a-2969271ad7e2#src=seo_token; curve-dex (Ethereum), 0.17% APY, $4.23M TVL, https://www.defi.garden/?pool=bf004519-b1f8-4b45-a5ba-334473e701e2#src=seo_token; pendle-v2 (Ethereum), 7.98% APY, $2.31M TVL, https://www.defi.garden/?pool=c3590202-2568-597a-8c7a-3f25fed83b34#src=seo_token; pendle-v2 (Monad), 8.76% APY, $1.64M TVL, https://www.defi.garden/?pool=e59641ad-24a2-520a-aca3-8bd73bdf61e9#src=seo_token; pendle-v2 (Monad), 7.59% APY, $1.64M TVL, https://www.defi.garden/?pool=5b0253f1-000a-5b6f-bf90-1e413d0cf88e#src=seo_token; pendle-v2 (Ethereum), 5.90% APY, $2.31M TVL, https://www.defi.garden/?pool=0a1b4afe-48cc-5179-ba28-e9d4ee931c86#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 October 18, 2026
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