FRAX vs USDE

USDE pays more right now (up to 9.26% vs 8.58%), while FRAX brings different trade-offs on risk and liquidity. 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

USDE

$3.3B TVL stablecoin · risk B

9.26%

best of 11 platforms · incl. 0.04% rewards

All platforms

Side by side

Best live APY

8.58%

9.26%best

Total value locked

Deeper liquidity is a safety and durability signal

$72M

$3.3Bbest

Live platforms

How many places pay yield on it right now

11best

Live opportunities

Which should you earn on?

Earn on FRAX

Comparable on the headline signals; let live yield and risk decide.

Earn on USDE

Higher live yield, up to 9.26%.
Deeper liquidity ($3.3B TVL vs $72M): a safer, more durable market.
Better risk grade (B 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

BTC vs FRAX BTC vs USDE CRVUSD vs FRAX CRVUSD vs USDE DAI vs FRAX DAI vs USDE