Best USDG yield
The top-ranked USDG yield is 5.03% APY on Maple (Ethereum, private credit), risk grade C. Yield on Paxos's regulated Global Dollar (USDG) across DeFi, compared live with risk shown.
Live USDG yields
Ranked by rate and risk together. Grades run from A (lowest risk) to D (highest). We may earn commissions; they never change the order. Capital is at risk. Not financial advice. How we rank
Each Earn link opens the platform’s own page. How we stay neutral.
The top pick, in detail
Yield position
The US Treasury’s rate on Oct 1. This offer is 0.9 percentage points above it. Tokenized Treasury funds in our feed report a median of about 3.55% across 9 products. Similar yields do not imply similar risks. Fees, custody and redemption terms differ.
How the benchmark is sourcedRisk & durability
The risk behind the top USDG rate, and the depth supporting it.
- Rate predicted to fall+2
- Private credit: loans to institutions (borrower default risk)+2
How this yield works. 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.
The risk grade is a transparent read of incentive reliance, pool depth, peg health and prior incidents, not a guarantee. The 30-day average summarizes reported rates, not realized returns: when today’s APY sits far above it, the yield is likely incentive-driven and tends to fall back.
How each kind of USDG yield works
- 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.
- 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.
- DeFi lending
Supply the asset to an on-chain money market and earn borrower interest. Non-custodial; smart-contract risk.
- Fixed rate
Lock a fixed yield to maturity. Rate certainty in exchange for a lock-up.
- Liquidity pool
Provide liquidity to a pool and earn fees plus incentives. Impermanent-loss risk on volatile pairs.
- Yield vault
An automated strategy that compounds yield on your behalf. Non-custodial; strategy and contract risk.