msUSD

msUSD yield

No msUSD offer meets the bar for a pick yet. The top-ranked is 23.2% APY (7-day average; 36.9% today) on Aerodrome V1 (Base, Liquidity pool), risk grade D, as of 9 Oct 2026, 21:01 UTC. It is graded D, the highest risk. Of that, 23.2% is temporary rewards. Yield on msUSD. Two tokens use this ticker, Main Street's msUSD and Metronome's synthetic msUSD, and each row is graded against its own token's live price.

Lost its $1 peg: Metronome Synth USD trades at $0.89 (5 of 6 offers here); Main Street USD trades at $0.55 (1 of 6 offers here). Each offer holding one of them is graded for it.

Updated 9 Oct 2026, 21:01 UTC6 platforms

Live msUSD yields by risk grade

Grouped by risk grade (A lowest risk, D highest), each grade ranked by the lower of today's rate and its 7-day average. We may earn commissions; they never change the order.

Benchmark: the 3-month US Treasury bill pays 4.25% (Oct 9); tokenized Treasury funds in our feed pay about 3.58% after fees.

D (Higher risk)Higher risk
msUSD offers

Top 5 of 6
Aerodrome V1 logo

Base · MSUSD-USDC · Liquidity pool

23.2%APY23.2% rewards of the 23.2% rate are temporary incentives, not organic yield30d avg 17.0%. Today's rate sits well above its 30-day average, and elevated rates tend to fall back.7-day avg · 36.9% today
Earn
Aerodrome Slipstream logo

Base · MSUSD-USDC · CL50 - 0.05% · Liquidity pool

20.8%APY12.0% rewards of the 20.8% rate are temporary incentives, not organic yield30d avg 73.6%. This rate is booked in lumps: its 1-day, 7-day and 30-day rates disagree, so no single rate has held.
Earn
Mainstreet logo

Ethereum · MSUSD · Yield vault

6.60%APY30d avg 6.60%. This rate has held close to its 30-day average.
Earn
Curve DEX logo

Ethereum · MSUSD-FXUSD · Liquidity pool

1.52%APY1.34% rewards of the 1.52% rate are temporary incentives, not organic yield30d avg 1.98%. This rate has drifted modestly from its 30-day average.7-day avg · 1.63% today
Earn
Beefy logo

Ethereum · MSUSD-FRAX-USDC · Convex · Yield vault

0.71%APY30d avg 3.55%. This rate has swung well away from its 30-day average.
Earn

Each Earn link opens the platform’s own page. How we stay neutral.

Compare all 6 with filters

Why the top-ranked offer is graded D

D (Higher risk)Aerodrome V1 MSUSD-USDC · Base
  • Exploit on record (under 1% of the protocol's TVL)+3
  • A stablecoin in the pool has lost its peg (trading at $0.89)+7
  • Small stablecoin in the pool (under $100M in circulation)+2
  • Thin liquidity (under $3M)+2
  • Pool of several tokens: price moves shift what you hold (impermanent loss)+1
  • Mostly incentive rewards+2
Average msUSD rate, last 90 days
low 2.27%today 5.33%high 13.0%
Above typicalTypically 3.92%. The average APY across msUSD markets with $10M+ in deposits, weighted by deposits.

How each kind of msUSD yield works

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