Compare 154 USDC Yield Strategies
Track and compare USDC yield opportunities across 8 networks and 29+ protocols. On-chain APY data — updated daily.
USDC by Network
Top USDC Strategies by APY
| Strategy | Network | Platform | APY | TVL |
|---|---|---|---|---|
| wsrUSD (Leveraged Looping) | Mainnet | IPOR Fusion | 17.23% | $960.3K |
| mHYPER Looping | Ethereum | IPOR Fusion | 15.43% | $122.2K |
| Hyperithm (Private Credit) | Mainnet | Wildcat | 15.00% | $30.0M |
| USDC Vault | Base | 40 Acres | 14.67% | $7.4M |
| TAU Reservoir Pointsmax | Ethereum | IPOR Fusion | 13.31% | $42.4K |
| 40 Acres Autocompounder | Base | Harvest | 13.06% | $1.9M |
| Syntropia Boosted | Ethereum | Lagoon | 12.96% | $353.3K |
| Swaap Lend | Mainnet | Euler | 10.82% | $77.1K |
| Earn - avUSDC | Base | Avantis | 10.12% | $30.1M |
| USDC | Mainnet | Lagoon | 9.09% | $9.0M |
| Syntropia USDC Core | Ethereum | Lagoon | 9.06% | $1.0M |
| Wintermute Trading (Private Credit) | Mainnet | Wildcat | 8.50% | $902.1K |
| USDC Apex | Ethereum | Morpho | 8.31% | $2.7M |
| Bitcoin Dollar USDC | Ethereum | IPOR Fusion | 8.31% | $490.1K |
| USDC Reactor | Mainnet | Morpho | 8.31% | $1.7M |
| Gami USDC | Ethereum | Lagoon | 8.11% | $6.5M |
| TAU Lending Optimizer | Ethereum | IPOR Fusion | 8.10% | $279.9K |
| USDC Vault | Mainnet | Lagoon | 7.67% | $3.1M |
| TAU Yield Bond ETF | Ethereum | IPOR Fusion | 7.46% | $260.7K |
| Turtle Avalanche USDC | Avalanche | Lagoon | 7.37% | $117.0K |
Showing top 20 of 154 USDC strategies. All strategies are listed in the table above.
Other Assets
Frequently Asked Questions — USDC Yields
How does Earnbase calculate USDC APY?
Earnbase derives APY from each vault's on-chain exchange rate. This measures the actual growth of deposited USDC over time, based on the vault's smart contract data. Unlike some aggregators, Earnbase does not include external reward incentives, points programs, or token emissions in the displayed APY. The rates shown reflect native vault performance only.
What are the risks of high-yield USDC strategies?
While USDC is a stablecoin pegged to a fiat currency, the protocols generating yield carry smart contract risk. Higher APYs may indicate newer protocols, lower liquidity, or more aggressive lending parameters. Each listing on Earnbase includes TVL and a yield sustainability score to help assess risk. Always verify directly with the protocol before depositing.
How many USDC strategies does Earnbase track?
Earnbase currently tracks 154 USDC yield strategies across 7 networks from 29 platforms. The largest coverage is on Morpho (62), IPOR Fusion (18), and Lagoon (15). New strategies are added as they meet inclusion criteria.
What is a good APY for USDC?
USDC APY varies significantly across platforms and networks. On Earnbase, tracked strategies range from under 1% to over 17%. Rates above 8-10% typically involve more complex strategies such as leveraged looping or private credit, which carry additional risk. The average APY across all tracked USDC strategies provides a useful benchmark, shown on each vault's detail page.
Can I compare USDC yields across different networks?
Yes. Earnbase tracks USDC strategies on Ethereum (71 strategies), Base (44), Arbitrum (20), Avalanche (8), Sonic (5), BNB Chain (4), and Katana (2). Use the network filter tabs above the table to compare APY rates on a specific chain. Each network has different gas costs, bridge requirements, and liquidity depth.
Does Earnbase charge fees?
No. Earnbase is a free yield data aggregator. There are no fees for using the tracker or accessing yield data. Earnbase does not hold or manage funds. Links to individual vaults direct you to the protocol's own interface where you can deposit or withdraw.
What is the difference between USDC Prime and Frontier vaults?
Prime vaults lend against blue-chip collateral like wstETH and typically offer lower but more stable APY. Frontier vaults accept a broader range of collateral assets, which increases yield but also introduces more collateral risk. The tier name reflects the curator's own risk assessment.
Why do USDC rates differ between Ethereum and Base?
Borrowing demand and liquidity supply vary by network. Base often has thinner USDC supply relative to demand, pushing rates higher. Ethereum Mainnet has deeper liquidity, which generally compresses rates. The same vault from the same curator can produce different APY on each network.
What does the sustainability score mean for USDC strategies?
The sustainability score measures how consistent a strategy's yield has been over the past 30 days on a scale of 0 to 100. A score above 90 means very stable returns. A score below 50 indicates significant rate volatility. It helps distinguish reliably productive strategies from those with spiking rates.
Are USDC yields on Earnbase inclusive of token rewards?
No. All APY figures on Earnbase reflect on-chain vault performance only. External incentives like governance token rewards, points programs, and liquidity mining emissions are excluded. This means rates shown here may appear lower than on other aggregators that include temporary incentives.
Best USDCAPY | Track & Compare On-Chain Yield
Tracking 154 USDC yield strategies across 8 networks. On-chain APY and TVL data, updated daily.
Earnbase tracks 154 USDC yield strategies across 7 networks: Ethereum, Base, Arbitrum, Avalanche, Sonic, BNB Chain, and Katana. APY data is derived from each vault's on-chain exchange rate and does not include external reward incentives, points, or token emissions. Data updates daily.
Strategies span 29 platforms including Morpho (62), IPOR Fusion (18), and Lagoon (15). Each listing includes 24h, 7d, and 30d APY, total value locked (TVL), yield sustainability score, and historical performance data. Filter by network or sort by APY to find the strategy that fits your risk profile.
About USDC Yields
How USDC Yield Works in DeFi
USDC is a dollar-pegged stablecoin issued by Circle with reserves held in cash and short-term U.S. Treasuries. In DeFi, USDC generates yield primarily through lending, where depositors supply USDC to a protocol, borrowers pay interest on it, and that interest flows back to depositors as yield. Because USDC maintains a stable $1 peg, the APY you see represents real dollar-denominated returns without the price volatility that affects assets like ETH or BTC.
The range of USDC yields across DeFi is wide. Conservative lending on blue-chip protocols like Aave or Compound typically produces lower single-digit APY driven purely by borrowing demand. Curated Morpho vaults managed by firms like Gauntlet or Steakhouse allocate deposits across multiple isolated lending markets, often capturing higher rates by accepting a broader range of collateral. At the upper end, leveraged looping strategies on IPOR Fusion amplify yield by recursively borrowing and re-depositing USDC, which increases returns but also introduces liquidation risk. Earnbase currently tracks 154 USDC strategies spanning this full spectrum.
What Drives USDC Rate Differences
USDC rates vary across protocols, networks, and strategies because of three factors: borrowing demand, collateral risk, and strategy complexity. A Morpho vault that lends against blue-chip collateral like wstETH will typically offer lower APY than one that accepts more volatile or newer collateral types. The same vault deployed on Base may produce different yields than on Ethereum Mainnet because borrowing demand and liquidity conditions differ by network. Across the 7 networks tracked on Earnbase, these dynamics produce a meaningful spread.
Curators play a significant role in USDC yield. On Morpho, curators like Gauntlet, Steakhouse, and Re7 each manage dozens of USDC vaults with different risk profiles. Prime, Core, and Frontier tiers offer progressively higher APY with correspondingly broader collateral exposure. Comparing the same curator's Prime vault against their Frontier vault reveals the market price of incremental risk. Across protocols, architectural differences matter too: Euler's isolated lending markets, Fluid's smart collateral, and Aave's pooled model each produce different rate dynamics even when serving the same USDC borrowing demand.
Comparing USDC Yields on Earnbase
Earnbase tracks USDC strategies across multiple protocols and networks with one important distinction: all APY figures reflect on-chain vault performance only. External incentives like token rewards, points programs, and liquidity mining emissions are excluded. This matters because many DeFi interfaces show inflated APY that includes temporary incentives which can disappear overnight. The rates on Earnbase represent what the vault's core strategy actually earns from lending activity.
When comparing USDC yields, the sustainability score helps distinguish between strategies with consistent returns and those with volatile rate swings. A vault showing 12% APY with a sustainability score of 30 tells a different story than one at 8% with a score of 90. TVL is another signal: large deposits in a lending vault compress rates through supply-demand dynamics, so the highest-TVL vaults rarely show the highest APY. Sorting by 30-day APY rather than 24-hour APY gives a more reliable picture, since daily rates can spike temporarily due to liquidation events or sudden borrowing demand.
Earnbase tracks 154 USDC yield strategies across 7 networks and 29 platforms, updated daily.
Common Questions
Earnbase derives APY from each vault's on-chain exchange rate. This measures the actual growth of deposited USDC over time, based on the vault's smart contract data. Unlike some aggregators, Earnbase does not include external reward incentives, points programs, or token emissions in the displayed APY. The rates shown reflect native vault performance only.
While USDC is a stablecoin pegged to a fiat currency, the protocols generating yield carry smart contract risk. Higher APYs may indicate newer protocols, lower liquidity, or more aggressive lending parameters. Each listing on Earnbase includes TVL and a yield sustainability score to help assess risk. Always verify directly with the protocol before depositing.
Earnbase currently tracks 154 USDC yield strategies across 7 networks from 29 platforms. The largest coverage is on Morpho (62), IPOR Fusion (18), and Lagoon (15). New strategies are added as they meet inclusion criteria.
USDC APY varies significantly across platforms and networks. On Earnbase, tracked strategies range from under 1% to over 17%. Rates above 8-10% typically involve more complex strategies such as leveraged looping or private credit, which carry additional risk. The average APY across all tracked USDC strategies provides a useful benchmark, shown on each vault's detail page.
Yes. Earnbase tracks USDC strategies on Ethereum (71 strategies), Base (44), Arbitrum (20), Avalanche (8), Sonic (5), BNB Chain (4), and Katana (2). Use the network filter tabs above the table to compare APY rates on a specific chain. Each network has different gas costs, bridge requirements, and liquidity depth.
No. Earnbase is a free yield data aggregator. There are no fees for using the tracker or accessing yield data. Earnbase does not hold or manage funds. Links to individual vaults direct you to the protocol's own interface where you can deposit or withdraw.
Prime vaults lend against blue-chip collateral like wstETH and typically offer lower but more stable APY. Frontier vaults accept a broader range of collateral assets, which increases yield but also introduces more collateral risk. The tier name reflects the curator's own risk assessment.
Borrowing demand and liquidity supply vary by network. Base often has thinner USDC supply relative to demand, pushing rates higher. Ethereum Mainnet has deeper liquidity, which generally compresses rates. The same vault from the same curator can produce different APY on each network.
The sustainability score measures how consistent a strategy's yield has been over the past 30 days on a scale of 0 to 100. A score above 90 means very stable returns. A score below 50 indicates significant rate volatility. It helps distinguish reliably productive strategies from those with spiking rates.
No. All APY figures on Earnbase reflect on-chain vault performance only. External incentives like governance token rewards, points programs, and liquidity mining emissions are excluded. This means rates shown here may appear lower than on other aggregators that include temporary incentives.
Top USDC Strategies by APY
USDC Yields by Network
Compare USDC yield performance across networks. Average APY and strategy counts update daily.
This page provides informational data aggregated from on-chain sources and is not financial advice. Yield rates reflect each vault's on-chain exchange rate and update daily. Smart contract risk, liquidity risk, and asset de-peg risk may apply. Always verify data directly with the respective platform before depositing.