Aave V3 vs Morpho

Across the 10 assets both pay yield on, Morpho pays more on 8 of them. Aave V3 is non-custodial DeFi; Morpho is non-custodial DeFi. All yields below are live.

Updated 27 Sep 2026, 03:00 UTC

Aave V3

DeFi · risk A

6.01%

best of 64 live yields

Non-custodial

Morpho

DeFi · risk A

5.50%

best of 131 live yields

Non-custodial

Head to head

Best live APY

6.01%best

5.50%

Live assets

Breadth of assets they pay yield on

Live yields

131best

Custody model

DeFi = non-custodial, on-chain; CeFi = a custodial earn account

DeFi

Best risk grade

A = lower risk, D = higher risk

Same asset, best live APY on each

AssetAave V3Morpho

Which should you earn on?

Earn on Aave V3

Comparable on the headline signals; let the specific asset you hold and its live yield decide.

Earn on Morpho

Pays more on 8 of the 10 shared assets, up to 5.50%.
Deeper liquidity ($5.4B TVL vs $3.0B).

Not sure? Pick your asset and risk tier and we rank the highest live yield that actually fits across both of these and every other platform. See how we rank.

More head-to-heads

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