Subscribe for free daily news headlines, weekly news recap, on-chain trading outlook, airdrops, and actionable farming opportunities.
Today’s News Headlines:
- Trade.xyz covers losses from SK Hynix flash crash
- Hastra expands into auto loans
- BRIX launches FX carry trades
- Reflect launches yield tranching on Solana
- Orca adds LP auto-compounding
- Jupiter launches Spot V2
- Senate prioritizes Clarity Act passage
Find and execute the 15%+ stablecoin yields in minutes
Save time without checking every protocol manually. DeFi Saver’s Discover page surfaces rates across Aave, Morpho, Spark, and more, lets you simulate leverage before committing, and handles the full loop in one click. Stop leaving yield on the table.
<Discover Yields on DeFi Saver> | Today in DeFi is Supported by DeFi Saverr
This Week’s Farming News:
Reflect launched a universal tranching layer on Solana — split any yield-bearing asset into a protected or leveraged tranche, launching soon with a major DeFi issuer.
Axis Origin Vault launches on Ethereum with a $50M initial cap, powered by Upshift, accepting USDT, USDC, or USDx deposits.
Hastra launches AUTO on Solana backed by U.S. auto loans, bringing near-prime consumer lending yield onchain for the first time.
Pareto Credit launches institutional yield on Solana via Nest Credit, offering exposure to FalconX Global prime brokerage lending.
fxSAVE leads the Stable Yields leaderboard with 8.59% APY on USDC across Ethereum.
Pendle offers PT-AUSD at 6.67% fixed APY on Monad, with native AUSD yield at 3.5%. AUSD supply on Monad reached $118M (up 65% in 30 days)
1inch commits 10M 1INCH and 500k USDC to Aqua LP rewards across 80+ markets over three months via Merkl.
World Liberty Fi USD1 campaign runs through Aug 7 on Binance, offering up to 5.56% APR on USD1 holdings.
Makina Finance launches Senior Royco USDC Machine on Ethereum, deploying capital exclusively into Senior tranches across Royco Dawn markets.
Hylo enables XP rewards on all Meteora LP pools paired with hyUSD stablecoin on Solana.
Jupiter Lend‘s Earn Vaults now offer over 5% APY on JUICED and jlUSDC yield-bearing receipt tokens.
Farming Benchmarks:
Average Lending APY on proven stablecoins: 3 - 5%
Unincentivized Lending yields on proven stablecoins are holding in the 3–5% APY range. Aave USDT lending sits at the low end (2.7%), while Maple’s Syrup USDC leads at 5.07%. Institutional products — Ondo’s USDY strong at the 3.5% level.
Fixed Rate benchmark: 4 - 7%
Fixed-rate (PT) benchmarks range 4–7%: USDG at 3.27%, USDS at 5.5% slightly down from last week’s 5.5%), and AUSD at 6.51% (slightly down from last week’s 6.86%)
Earn Up to 12% on USD Stablecoin Farms:
StakeDAO – USD3/sUSDe LP – USD3 + sUSDe –11.21% APR(Ethereum – Boosted Curve LP)
Curve stable pool pairing USD3 (3Jane’s diversified stablecoin, backed by a mix of SMB loan receivables, crypto money markets, and consumer credit lines) with sUSDe (Ethena’s yield-bearing stablecoin). Boosted via StakeDAO’s collective veCRV lock (1.74x) — no personal CRV lock needed. Notably, 3.50% of the yield is genuine trading fees, not just emissions — a healthier ratio than most incentivized pools this week.
Risk — Medium ⚠️ USD3 is Reserve Protocol’s basket-backed stablecoin, diversified across multiple underlying stables and yield sources rather than a single collateral type — its peg depends on that basket holding value collectively.
sUSDe carries residual Ethena risk, though its yield now leans more on lending/RWAs than basis trading post the Q1 2026 pivot. 7.71% of the yield is CRV emissions and can taper if gauge voting shifts. Curve and StakeDAO smart contract risk applies.
Pendle – PT reUSD (USDC) – reUSD –11% Fixed APR(Ethereum – Pendle PT)
Pendle Principal Token on reUSD — buy at a discount today and redeem 1 USDC at maturity, locking in a fixed 11% APR. reUSD earns the greater of risk-free rate +250bps or Ethena basis yield +250bps, with off-chain deployment to reinsurance surplus notes. Instant redemption on reUSD is a genuine advantage over most PTs.
Risk — Medium ⚠️ PT price can fall before maturity if implied yields rise — only matters if you sell early rather than holding to maturity. reUSD’s yield floor is partly tied to Ethena’s basis conditions, so sUSDe market stress feeds into what reUSD earns. Standard reUSD depeg risk applies given its off-chain reinsurance exposure. Pendle smart contract risk applies.
Kamino – Steakhouse USDG High Yield – USDG –7.4% APY(Solana – Lending vault)
Lend USDG — Paxos’s regulated, fiat-backed stablecoin from the Global Dollar Network — into Steakhouse Financial’s curated high-yield vault on Kamino. Steakhouse is one of the most reputable curators in DeFi, known for conservative parameter-setting on Morpho and now extending that reputation to Solana via Kamino. This is a straightforward lending position with a fully regulated stablecoin as the underlying asset.
The vault is a slightly higher lending strategy allocating across highly liquid Kamino markets: Maple Market (2.5%), SOL/BTC Market (64%), Prime Market (26.3%), and a small JLP slice. $112.49M supplied against $101.98M borrowed. 0% management fee, 5% performance fee. Live since September 2025.
Risk — Low/Medium⚠️ Utilization is high at 90.65% — meaning available liquidity is thin relative to deposits, so large withdrawals may face a queue and rates can swing quickly. 3.71% of the yield is incentives, so the sustainable base is closer to the ~4% underlying market APYs. The largest allocation (45%) sits in Maple Market, which carries off-chain institutional credit exposure, and the SOL/BTC market adds volatile collateral. PYUSD itself is one of the cleanest stables available. Kamino and Sentora smart contract risk applies, plus Solana network risk.
Curated Yields, Airdrop Opportunities, TVL Tracking Across Different Protocols + Full Archive of Past Letters
Start your 7-Day Free Trial to unlock it all:
Keep reading with a 7-day free trial
Subscribe to Today in DeFi to keep reading this post and get 7 days of free access to the full post archives.