Aave V3 vs Pendle V2

Across the 5 assets both pay yield on, Pendle V2 pays more on 4 of them. Aave V3 is non-custodial DeFi; Pendle V2 is non-custodial DeFi. All yields below are live.

Live pricesupdated just now

Aave V3

DeFi · risk A

6.15%

best of 52 live yields

Non-custodial

Pendle V2

DeFi · risk A

22.8%

best of 17 live yields

Non-custodial

Head to head

Best live APY

6.15%

22.8%best

Live assets

Breadth of assets they pay yield on

Live yields

52best

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 V3Pendle V2

Which should you earn on?

Earn on Aave V3

Deeper liquidity ($1.4B TVL vs $104M).

Earn on Pendle V2

Pays more on 4 of the 5 shared assets, up to 22.8%.

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

Curve DEX vs Pendle V2 Aave V3 vs Curve DEX Aave V3 vs Uniswap V4 Aave V3 vs Beefy Aave V3 vs Uniswap V3 Aave V3 vs Euler V2