Decentralized finance (DeFi) is experiencing historically low yields. The average annual percentage rate (APR) for stablecoins is 5.8%, marking one of the lowest returns in DeFi history.
Stablecoin Yield Trends
Different DeFi protocols are witnessing fluctuations in stablecoin yields. Among major platforms, Level USD Pendle IY offers the highest yield at 12.4%. Platforms like Usual USDO and Jupiter JLP also provide yields above 10%.
Yield Decline on Platforms
Some platforms register lower yields. Morpho Gauntlet Core USDC stands at 5.1%, while Aave V3 USDC is at 4.1%. Other platforms like MakerDAO sDAI and Compound V3 USDC also note declines.
Innovation and Seamless DeFi Transition
The decentralized lending protocol Seamless is migrating its infrastructure to Morpho. This major shift, supported by the Seamless DAO, transforms it into a 'platformless' DeFi solution, optimizing liquidity through new instruments.
Shifts and declines in stablecoin yields indicate significant changes in the DeFi ecosystem. Innovations like Seamless could offer new solutions for better liquidity and yield.
