Today in DeFi

Today in DeFi

Farms

Lend Stablecoin For >10% APY

Selected picks across USD stables and ETH. APYs are current as of today — verify live before entering.

Oct 01, 2026
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Farming Benchmarks:

Every farm below beats that baseline. When a rate looks too good relative to this range, that gap is usually the incentive/emissions component, not organic yield — check the breakdown in each card.

Earn up to 11% on Stables and >5%on ETH:

Curvance (Monad – Curated Vault) – High Yield AUSD – 10.02% Deposit APY

You deposit AUSD into Curvance’s own vault — tagged “High Yield / Moderate Risk” by Curvance itself — which auto-splits your deposit across two of its isolated lending markets: 40% lent out against PT-AUSD-8OCT2026 (a Pendle Principal Token, ~8 days from maturity as of today) and 60% lent out against savUSD collateral.

savUSD is Avant Protocol’s staked, senior-tranche stablecoin — savUSD sits on top of avUSD (backed 1:1 by USDC), and Avant is an actively managed, multi-strategy protocol in the same shape as Ethena: yield comes from funding-rate basis trades, lending-rate arbitrage, Pendle yield trading, blue-chip lending (Aave), LP fees, and stablecoin peg arbitrage, run by third-party trading partners. savUSD is protected by a junior tranche (avUSDx) that absorbs losses before savUSD holders.

TVL is $6.95M, but only $1.86M (25%) is currently liquid — Curvance labels withdrawals “Instant,” though that only holds if there’s enough liquidity sitting there when you try to exit.

Risk — Medium ⚠️
Two risk layers stacked: Curvance’s own isolated-market lending risk (collateral value falling faster than liquidations clear), plus Avant’s underlying strategy risk — basis-trade/funding-rate strategies can turn negative in certain market regimes, and it’s discretionary/actively managed, so there’s real key-person and execution risk on top of smart-contract risk.
Liquidity is thin relative to deposits (23% available) despite the “Instant” label — a rush of withdrawals could leave you waiting. The PT-AUSD leg is short-dated and low-risk on its own, but the 60% savUSD leg has no such fixed-rate protection and floats entirely with Avant’s live performance.
Also worth noting: Monad is a newer L1 with less battle-tested infrastructure than Ethereum mainnet, and this is the same general Curvance liquidity pattern I flagged earlier — most of their markets run thin relative to deposits, this vault included.


Liquity V2 Stability Pool –Passive 7+% APR

You deposit BOLD, Liquity’s stablecoin backed only by crypto collateral (WETH, wstETH, rETH) with immutable contracts. Yield comes from 75% of borrowers’ interest, paid in BOLD, plus liquidation gains: when an under-collateralized rETH position is liquidated, your BOLD buys the collateral at about a 5% discount, paid out in ETH. Additional interest comes from BOLD minting fees and interest rate adjustments.

The highest-paying pool over the past 24h is wstETH at 7.5%, but rETH is also worth considering, as the current average rate has been 8%+, so the forward-looking APR may be higher than the UI suggests.

The biggest risk for entering the stability pool to consider is peg risk, but BOLD is sitting at a 3-month low; this risk is reduced, and returns can be boosted if BOLD returns to its $1 peg.

<Earn Passive 7%+ APR on Liquity>

Risk — Low-Medium
BOLD carries an A- rating from Bluechip. The backing (crypto-only, no RWA/custodial assets) is genuinely conservative by design.
Liquidation-absorption risk if collateral crashes faster than Troves can be liquidated.
Peg risk: BOLD holders “remain dependent on BOLD to keep its peg. BOLD has redemption mechanisms to help reinforce the peg but these can take time to take effect. See Docs for more.
Track Record: Liquity V2 had a Stability Pool bug in early 2025 forcing a temporary withdrawal halt. The bug was patched and TVL has since recovered to $124M
Today in DeFi is Sponsored by Liquity

Balancer (Monad – Boosted Stable LP) – Aave 3-pool (USDT0/AUSD/USDC) – 9.78% APR

A 3-asset stable pool on Balancer v3, live on Monad (EVM L1, mainnet launched Nov 2025 — so live about 10 months). All three legs — USDT0, AUSD, USDC — are deposited as wrapped Aave Monad tokens (waMonUSDT0/AUSD/USDC. APR sources:

  • Swap fees: 0.30% — pool fee is just 0.0005%

  • Aave-Monad lending yield: 4.33% — the real, organic, ongoing component

  • Merkl.xyz incentives: 5.11% — a temporary rewards campaign, paid in WMON (Monad’s native token, not a stable), running 22 Sep–6 Oct 2026 and capped at ~$450 total distributed. It expires in 5 days, but there’s a high chance it’ll be continued

Risk — Medium ⚠️
TVL is $66,987, from just 3 liquidity providers total, and the pool was only created Aug 5, 2026 (~2 months old).
That’s not institutional-depth liquidity — one LP adding or exiting meaningfully moves your share of the pool, and a $66K pool offers little cushion if any of the three “stables” wobble (USDT0 is LayerZero-bridged USDT, AUSD is Agora’s stablecoin — both less battle-tested than native USDC).
You’re also stacking three dependencies: Monad chain risk (still a young L1, ~10 months live), Aave’s Monad deployment (newer than Aave mainnet), and Balancer v3’s boosted-pool wrapper on top.
Swap fee and AMP factor are governance-editable, standard Balancer centralization risk. This is a “small bet with clean organic yield” pool, not a “park meaningful size” pool.

This Week’s Farming News:

  • OUSD (Open Standard) is live and liquid on Base (61.7K views) and on Uniswap (33.3K), and backed by 200+ partners.

  • Aave proposes to onboard Open Standard's OUSD to Aave V3 Core and V4 Core.

  • Uniswap listed OUSD across its protocol, apps, and API. Uniswap Labs is building a v4 hook with Open Standard to pay rewards to OUSD LPs.

  • Stake DAO is offering up to 2.5x boosted CRV rewards on crvUSD pool deposits, plus $300K+ in incentives for Curve veCRV voters this round.

  • Revert Finance extended its USDC rewards on 20 Coinbase tokenized stocks past Oct 5. Pools on Base pay up to 215% APR, with 9 of 10 above 100%, from AERO staking plus Revert's USDC rewards.


Today’s News Headlines:

  • MetaMask Staking exits validators after security incident

  • Abracadabra is winding down MIM at about $0.04 per token

  • TradeWiz_Bot drains 20K+ Solana wallets, $438.9K

  • MUS exploit loses ~$36.9K to double bonus

  • Bitget hackers move $4M into Zcash pool

  • Base Cobalt upgrade live with Validity Transactions

  • Oct 7: Hyperliquid team token distribution

No usable links were included in this doc (just source names), so I left them out.


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