No pick at grade B: no USDC offer here pays materially more than grade A over the same day, week and month, leaving temporary rewards aside.
Live USDC 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 4.30% (Nov 10); tokenized Treasury funds in our feed pay about 3.70% after fees.
ALower riskUSDC offers
Top 5 of 19
Base · USDC
Solana · Earn
Ethereum · USDC
Base · Gauntlet USDC Prime (V1)
BModerate riskUSDC offers
Top 5 of 53
Ethereum · USDC
Not the pick: it pays 4.23% without its temporary rewards, no more than grade A's 4.95% without its own.
Ethereum · Wintermute USDC Select (V2)
Not the pick: it pays barely more than grade A's 5.58% for more risk.
Ethereum · Syrup USDC
Not the pick: it pays no more than grade A's 5.58% for more risk.
Base · Clearstar cbAssets Vault (V2)
Not a pick: it can pay out only $9.9M to depositors today; picks need $10M.
CElevated riskUSDC offers
Top 5 of 58Ethereum · RockawayX USDC Yield (V2)
Ethereum · Bitwise Premium+ RWA
Not a pick: it pays a rate that has not held near its 30-day average.
Sui · Ember Concentrated Liquidity
Not a pick: it can pay out under $10M to depositors today; picks need $10M.
Sui · Ember USD Metavault
Not a pick: it can pay out under $10M to depositors today; picks need $10M.
Sui · Bitwise Premium+ RWA
Not a pick: it can pay out under $10M to depositors today; picks need $10M.
DHigher riskUSDC offers
Top 5 of 19
DHigher riskUSDC offers
Top 5 of 19
Monad · USDC
Not a pick: it is sold only to accredited or professional investors.
Each Earn link opens the platform’s own page, and each platform’s page lists all its offers. How we stay neutral.
What each grade's pick carries
- Moderate liquidity (under $25M, $23.6M available of $202M deposited)+1
- Weighed at no points: immaterial past exploit (users made whole), under 0.1% of the protocol's value locked.
- Lends 85% of deposits against synthetic dollars and tokens we cannot classify, including PT-reUSD, USPC and strUSD+2
- A curator decides where the deposits go (curator risk)+1
- Elevated dollar yield for its risk (>7% organic)+1
- Moderate liquidity (under $25M, $17.7M available of $33.0M deposited)+1
- Weighed at no points: immaterial past exploit (users made whole), under 0.1% of the protocol's value locked.
How each kind of USDC yield works
- DeFi lending
Supply the asset to an on-chain money market and earn borrower interest. Non-custodial; smart-contract risk.
- Yield vault
An automated strategy that compounds yield on your behalf. Non-custodial; strategy and contract risk.
- Private credit
Lend to institutional borrowers whose loans are underwritten and enforced off-chain, not by an on-chain liquidation. The yield is their interest; the main risk is borrower default.
- Tokenized fund
A token representing shares of an off-chain fund (Treasury bills, credit or other real-world assets). The yield is the fund's return; issuer, redemption and investor-eligibility limits apply.
- Liquidity pool
Provide liquidity to a pool and earn fees plus incentives. Impermanent-loss risk on volatile pairs.
- CeFi earn
A custodial earn account at a centralized platform. Convenient; counterparty and custody risk.
- Savings rate
Deposit a stablecoin in its issuer's savings contract and earn a rate the protocol sets and pays from its own revenue (borrower fees, reserve yield). Withdrawals do not wait on borrowers, but governance can change the rate at any time.
- Backstop / insurance
Stake to cover a protocol's losses (bad debt or insurance claims) in return for a premium. Your deposit is first in line to be cut when a loss occurs, and withdrawals usually wait out a cooldown.
- Synthetic dollar
A synthetic-dollar or basis strategy: yield comes from perpetual-funding and staking, not lending. Funding-rate, negative-carry and de-peg risk.