Compare 19 USDC Yields on Ethereum

19 USDC strategies tracked on Ethereum. Compare on-chain APY rates, TVL, and yield history side by side.

How USDC Yields Work on Ethereum

Ethereum Mainnet is the largest DeFi ecosystem by total value locked. USDC yield strategies on Ethereum benefit from deep liquidity, established protocols, and the widest selection of lending markets and curated vaults. Gas costs on Mainnet are higher than on L2 networks, which means strategies with smaller deposits may see a larger share of returns consumed by transaction fees.

Most USDC strategies on Ethereum use protocols like Morpho, Euler, and Aave, which have extensive audit histories. Curated vaults managed by firms like Gauntlet and Steakhouse optimize allocation across multiple lending markets to target higher returns.

What is the best USDC yield on Ethereum right now?

The highest on-chain USDC APY on Ethereum currently tracked on Earnbase is 16.05%, offered by Syntropia Boosted on Lagoon. This rate reflects the vault's native exchange rate and excludes external incentives.

Common Questions about USDC Yields on Ethereum

How does Earnbase calculate USDC APY on Ethereum?

Earnbase derives APY from each vault's on-chain exchange rate on the Ethereum network. This measures the actual growth of deposited USDC over time, based on the vault's smart contract data. The rates shown do not include external reward incentives, points programs, or token emissions — only native vault performance.

How many USDC strategies are on Ethereum?

Earnbase currently tracks 71 USDC yield strategies on Ethereum from 13 platforms. The largest coverage is on Morpho (30), IPOR Fusion (12), and Lagoon (11). For USDC strategies on other networks, see the full USDC yield tracker at /usdc, which covers 153 strategies across 8 networks.

What are the risks of USDC yields on Ethereum?

USDC yield strategies on Ethereum carry smart contract risk from the underlying protocols. Ethereum Mainnet protocols tend to have longer track records and deeper audits, but higher gas costs can reduce net returns on smaller positions. Each listing on Earnbase includes TVL and a yield sustainability score to help assess risk. Always verify directly with the protocol before depositing.

How does USDC yield on Ethereum compare to other networks?

USDC yield varies across networks due to differences in liquidity, borrowing demand, and protocol maturity. Earnbase tracks USDC on 8 networks total. Use the parent USDC yield tracker at /usdc to compare average APY and strategy count across all supported networks.

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.

← All USDC strategies

Best USDCAPY | Track & Compare On-Chain Yield

Tracking 153 USDC yield strategies across 8 networks. On-chain APY and TVL data, updated daily.

Product APY
U
Syntropia BoostedEthereumLagoon · Syntropia
16.05%
U
Bitcoin Dollar USDCEthereumIPOR Fusion · BTCD Labs
15.62%
U
Hyperithm (Private Credit)MainnetWildcat · Hyperithm
15.00%
U
mHYPER LoopingEthereumIPOR Fusion · hyperithm
13.70%
U
Coinshift Conservative USPCEthereumLagoon · Gami
13.33%
U
Gami Stake DAO USDCEthereumLagoon · Gami
11.91%
U
Syntropia USDC CoreEthereumLagoon · Syntropia
11.74%
U
Swaap LendMainnetEuler
10.82%
U
USDCMainnetLagoon · Tulipa
10.77%
U
9Summits Flagship USDCEthereumLagoon · 9Summits
9.77%
U
Wintermute Trading (Private Credit)MainnetWildcat · Wintermute
9.25%
U
USDC VaultMainnetLagoon · Syntropia
8.36%
U
Gami USDCEthereumLagoon · Gami
7.96%
U
TAU Yield Bond ETFEthereumIPOR Fusion · TAU Labs
7.50%
U
Turtle USDCMainnetMorpho · 9Summits
7.08%
U
USDC ReactorMainnetMorpho · Clearstar
6.61%
U
USDC Lending OptimizerMainnetIPOR Fusion · Tesseract
6.23%
U
USDC Yield V2EthereumMorpho · kpk
6.06%
U
TAU Lending OptimizerEthereumIPOR Fusion · TAU Labs
6.02%
U
USDC VaultMainnetMorpho · August Digital
5.64%
U
ALPHA USDC CoreMainnetMorpho
5.59%
U
USDC ApexEthereumMorpho · hyperithm
5.54%
U
USDC to yvUSDS FarmerMainnetYearn
5.45%
U
USDC AutopilotMainnetHarvest
5.27%
U
Euler PrimeMainnetEuler · EulerDAO
5.24%
U
USDCMainnetIPOR Fusion
4.91%
U
Elixir USDCMainnetMorpho · MEV Capital
4.90%
U
EarnMainnetMaple
4.80%
U
USDC RWAMainnetMorpho · Gauntlet
4.56%
U
OG USDCMainnetMorpho · Yearn
4.55%
U
infiniFi USDCMainnetMorpho · Steakhouse
4.23%
U
Fluid AutocompounderMainnetHarvest
4.22%
U
Smokehouse USDCMainnetMorpho
4.19%
U
LendMainnetSpark
4.04%
U
LendMainnetFluid
3.98%
U
Cap Ecosystem USDCEthereumMorpho · Gauntlet
3.96%
U
USDC CoreMainnetMorpho · Gauntlet
3.86%
U
V3MainnetAave
3.86%
U
DeTrade Morpho X-Chain USDCEthereumLagoon · DeTrade
3.86%
U
UltraYield USDCMainnetMorpho · Edge Capital
3.77%
U
Morpho Steakhouse USDC CompounderMainnetYearn
3.29%
U
autoUSDMainnetAutoFinance
3.29%
U
Cronos USDC EcosystemMainnetMorpho · Steakhouse
3.26%
U
OEV-boostedMainnetMorpho · Yearn
3.26%
U
USDC PrimeMainnetMorpho · Gauntlet
3.26%
U
Blue Chip USDC VaultMainnetMorpho · SparkDAO
3.23%
U
USDCMainnetMorpho · Steakhouse
3.10%
U
Vault Bridge USDCMainnetMorpho · Steakhouse
3.10%
U
SwissBorg USDCMainnetMorpho · Gauntlet
2.94%
U
Coinshift USDCMainnetMorpho
2.92%
U
Derivatives PoolMainnetIPOR Fusion
2.80%
U
Hakutora USDCMainnetMorpho
2.76%
U
Autonomous Liquidity USDMainnetLagoon · Almanak
2.58%
U
Euler YieldMainnetEuler · EulerDAO
2.44%
U
USDC FrontierMainnetMorpho · Gauntlet
1.34%
U
Moon Digital AM USDCEthereumLagoon · Odyssey Digital AM
1.31%
U
USDC Vault #1MainnetYearn
0.64%
U
Stablecoin MaxiMainnetEuler · Re7
0.23%
U
OpenEden USDCMainnetEuler · Ouroboros Capital
0.10%
U
USDC PrimeMainnetMorpho · Re7
0.00%
U
USDC RWAMainnetMorpho · Steakhouse
0.00%
U
USDC (Keyrock)MainnetMorpho
<0.01%
U
wsrUSD (Leveraged Looping)MainnetIPOR Fusion · Reservoir
<0.01%
U
V3MainnetGearbox
<0.01%
U
USDC VaultMainnetMorpho · Pangolins
<0.01%
U
InfiniFi BTC CarryEthereumIPOR Fusion · TAU Labs
<0.01%
U
InfiniFi Pointsmaxx - SiloEthereumIPOR Fusion · TAU Labs
<0.01%
U
f(x) ProtocolMainnetMorpho · Re7
<0.01%
U
USDC PrimeMainnetMorpho · kpk
<0.01%
U
TAU infiniFi PointsmaxEthereumIPOR Fusion · TAU Labs
<0.01%
U
TAU Reservoir PointsmaxEthereumIPOR Fusion · TAU Labs
<0.01%

Earnbase tracks 71 USDC yield strategies on Ethereum across 13 platforms including Morpho (30), IPOR Fusion (12), and Lagoon (11). 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.

Ethereum is the largest DeFi ecosystem by total value locked, with deep protocol diversity and established lending markets. Each listing includes 24h, 7d, and 30d APY, total value locked (TVL), yield sustainability score, and historical performance. Looking for USDC yields on other networks? Earnbase tracks 153 USDC strategies across 8 networks total.

How USDC Yields Work on Ethereum

Ethereum Mainnet is the largest DeFi ecosystem by total value locked. USDC yield strategies on Ethereum benefit from deep liquidity, established protocols, and the widest selection of lending markets and curated vaults. Gas costs on Mainnet are higher than on L2 networks, which means strategies with smaller deposits may see a larger share of returns consumed by transaction fees.

Most USDC strategies on Ethereum use protocols like Morpho, Euler, and Aave, which have extensive audit histories. Curated vaults managed by firms like Gauntlet and Steakhouse optimize allocation across multiple lending markets to target higher returns.

What is the best USDC yield on Ethereum right now?

The highest on-chain USDC APY on Ethereum currently tracked on Earnbase is 16.05%, offered by Syntropia Boosted on Lagoon. This rate reflects the vault's native exchange rate and excludes external incentives. The top USDC strategies on Ethereum by APY are listed below.

Common Questions about USDC Yields on Ethereum

Earnbase derives APY from each vault's on-chain exchange rate on the Ethereum network. This measures the actual growth of deposited USDC over time, based on the vault's smart contract data. The rates shown do not include external reward incentives, points programs, or token emissions — only native vault performance.

Earnbase currently tracks 71 USDC yield strategies on Ethereum from 13 platforms. The largest coverage is on Morpho (30), IPOR Fusion (12), and Lagoon (11). For USDC strategies on other networks, see the full USDC yield tracker which covers 153 strategies across 8 networks.

USDC yield strategies on Ethereum carry smart contract risk from the underlying protocols. Ethereum Mainnet protocols tend to have longer track records and deeper audits, but higher gas costs can reduce net returns on smaller positions. Each listing on Earnbase includes TVL and a yield sustainability score to help assess risk. Always verify directly with the protocol before depositing.

USDC yield varies across networks due to differences in liquidity, borrowing demand, and protocol maturity. Earnbase tracks USDC on 8 networks total. Use the parent USDC yield tracker to compare average APY and strategy count across all supported networks.

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.

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.