FRAX vs PYUSD

FRAX pays more right now (up to 8.58% vs 5.83%), while PYUSD brings deeper liquidity and more places to earn and a better risk grade. Yields below are live across every platform we track.

Updated 27 Sep 2026, 21:00 UTC

FRAX

$72M TVL stablecoin · risk D

8.58%

best of 5 platforms

All platforms

PYUSD

$1.0B TVL stablecoin · risk A

5.83%

best of 11 platforms · incl. 2.51% rewards

All platforms

Side by side

Best live APY

8.58%best

5.83%

Total value locked

Deeper liquidity is a safety and durability signal

$72M

$1.0Bbest

Live platforms

How many places pay yield on it right now

11best

Live opportunities

Which should you earn on?

Earn on FRAX

Higher live yield, up to 8.58%.

Earn on PYUSD

Deeper liquidity ($1.0B TVL vs $72M): a safer, more durable market.
Better risk grade (A vs D): lower risk for the yield on offer.
More places to earn (11 platforms vs 5).

Or skip the guesswork: pick your asset and risk tier and BitcoinYield ranks the highest live yield that actually fits, across both of these and everything else.

More comparisons

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