USDS DeFi Yields
The highest honest USDS yield right now is 5.44% on sky-lending (Ethereum), among 24 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
24 live pools above the $100K TVL floor · ranked by TVL
USDS's largest live pool is centrifuge-protocol on Ethereum at 3.12% ($845.78M TVL). 24 USDS pools across 3 chains clear this page's $100K TVL floor, $2.39B in total.
Your idle USDS could earn ~3.32% — park $7.2K and it could run a $20/mo Claude Pro subscription, forever.
See live USDS pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| centrifuge-protocol → | Ethereum | 3.12% | $845.78M |
| sparklend → | Ethereum | 4.19% | $555.55M |
| spark-savings → | Arbitrum | 3.52% | $362.29M |
| sparklend → | Ethereum | 2.26% | $225.79M |
| sky-lending → | Ethereum | 5.44% | $181.04M |
| uniswap-v4 → | Ethereum | 0.10% | $100.12M |
| uniswap-v4 → | Ethereum | 0.45% | $49.68M |
| spark-savings → | Base | 3.52% | $12M |
Rate stability from APY history
Based on APY history only, USDS's lower-variability candidates are uniswap-v4 (Ethereum), 0.10% APY, $100.12M TVL, https://www.defi.garden/?pool=0899ff3d-adc8-4dae-a516-a94998db3332&src=seo_token; spark-savings (Arbitrum), 3.52% APY, $362.29M TVL, https://www.defi.garden/?pool=9d499222-a01a-45bb-bbc9-f01c7923693b&src=seo_token; spark-savings (Base), 3.52% APY, $12M TVL, https://www.defi.garden/?pool=aa2d08c0-0abd-4dcf-be93-ff8ca89d01cd&src=seo_token; sparklend (Ethereum), 4.19% APY, $555.55M TVL, https://www.defi.garden/?pool=54e9b138-3146-4c1f-8dce-1cb948f5ef96&src=seo_token; centrifuge-protocol (Ethereum), 3.12% APY, $845.78M TVL, https://www.defi.garden/?pool=ff1bb959-d160-4906-bad2-d3e37a1e92e8&src=seo_token; sparklend (Ethereum), 2.26% APY, $225.79M TVL, https://www.defi.garden/?pool=0ed981dc-b49d-426d-ade5-6014728b1ef9&src=seo_token; sky-lending (Ethereum), 5.44% APY, $181.04M TVL, https://www.defi.garden/?pool=4d87430b-688a-5ac5-a593-4e31ac715d02&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | uniswap-v4 → | Ethereum | 0.10% | $100.12M |
| 2 | spark-savings → | Arbitrum | 3.52% | $362.29M |
| 3 | spark-savings → | Base | 3.52% | $12M |
| 4 | sparklend → | Ethereum | 4.19% | $555.55M |
| 5 | centrifuge-protocol → | Ethereum | 3.12% | $845.78M |
| 6 | sparklend → | Ethereum | 2.26% | $225.79M |
| 7 | sky-lending → | Ethereum | 5.44% | $181.04M |
How this rate has behaved
USDS shows up in 8 pools here, with rates from 0.10% to 5.44% APY across 3 chains — the rate depends on which protocol and chain you pick, not just the token.
8 of these 8 pools have a trustworthy 30-day average on file, with a median of 3.46% — a useful check against today's number for whether the rate is steady or just having a good day.
2 of 8 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.
| Protocol | APY | 30d Mean APY | Yield mix |
|---|---|---|---|
| centrifuge-protocol | 3.12% | 3.67% | Base rate |
| sparklend | 4.19% | 3.40% | 100.00% incentives |
| spark-savings | 3.52% | 3.52% | Base rate |
| sparklend | 2.26% | 2.04% | Base rate |
| sky-lending | 5.44% | 5.88% | 100.00% incentives |
| uniswap-v4 | 0.10% | 0.10% | Base rate |
| uniswap-v4 | 0.45% | 0.45% | Base rate |
| spark-savings | 3.52% | 3.52% | 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 USDS yield today?
5.44% APY on sky-lending (Ethereum), based on live DefiLlama data.
How many USDS pools clear the TVL floor?
24 live pools clear this page's $100K TVL floor, $2.39B 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 USDS pools have the most stable APY history?
Based on APY history only, USDS's lower-variability candidates are uniswap-v4 (Ethereum), 0.10% APY, $100.12M TVL, https://www.defi.garden/?pool=0899ff3d-adc8-4dae-a516-a94998db3332&src=seo_token; spark-savings (Arbitrum), 3.52% APY, $362.29M TVL, https://www.defi.garden/?pool=9d499222-a01a-45bb-bbc9-f01c7923693b&src=seo_token; spark-savings (Base), 3.52% APY, $12M TVL, https://www.defi.garden/?pool=aa2d08c0-0abd-4dcf-be93-ff8ca89d01cd&src=seo_token; sparklend (Ethereum), 4.19% APY, $555.55M TVL, https://www.defi.garden/?pool=54e9b138-3146-4c1f-8dce-1cb948f5ef96&src=seo_token; centrifuge-protocol (Ethereum), 3.12% APY, $845.78M TVL, https://www.defi.garden/?pool=ff1bb959-d160-4906-bad2-d3e37a1e92e8&src=seo_token; sparklend (Ethereum), 2.26% APY, $225.79M TVL, https://www.defi.garden/?pool=0ed981dc-b49d-426d-ade5-6014728b1ef9&src=seo_token; sky-lending (Ethereum), 5.44% APY, $181.04M TVL, https://www.defi.garden/?pool=4d87430b-688a-5ac5-a593-4e31ac715d02&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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