How this works

A trust filter for stablecoin yield. It answers one question — “where can I park my stables right now, and is that yield real?” — and it treats a high APY as a red flag as often as an opportunity.

What it is (and isn’t)

This is a trust filter, not a yield hunter. Everything it shows has passed a deliberate, opinionated set of filters, and the ranking rewards durable, organic, accessible yield. It is a personal daily tool published in the open — not investment advice, and not a complete market view.

What gets shown

A pool only appears if it clears every one of these, checked at build time:

Stablecoin only — the pool is stablecoin-denominated.
Trusted protocol — its protocol is on a curated allowlist. Membership is the trust signal; anything not listed doesn’t render.
Mapped stables — every leg of the pool maps to a known stablecoin.
Supported chain — Ethereum, Arbitrum, Base, Optimism, Polygon, or Solana.
Real size — TVL above $1M, and not flagged as a statistical outlier.

The curation is intentional, but it currently also hides legitimate pools (for example, vault-wrapped positions). Coverage is being expanded over time — the set you see is a trusted subset, not the whole market.

Tiers

Pools are grouped into three stacked windows by the risk of the stablecoins involved:

Tier 1Blue-chip, fiat-backed — USDC, USDT, DAI, and peers.

Tier 2Crypto-backed — crvUSD, GHO, LUSD, sUSDS, and similar.

Tier 3Synthetic — USDe, USR, and newer designs.

A multi-asset pool takes the tier of its riskiest leg — a USDC/USDe pool is Tier 3.

Stable types

Beyond how risky a stablecoin is (its tier), it helps to know how it holds its value. Every pool is tagged with one type, and you can filter the rankings by it:

Fiat-backedEach token is backed by real dollars / T-bills held in reserve (USDC, USDT, DAI). The simplest kind.

Crypto-backedBacked by a surplus of crypto locked as collateral (crvUSD, GHO, LUSD). Peg held by over-collateralisation.

Yield-bearingA wrapped/staked stable that grows on its own (sUSDS, sUSDe, Maple SyrupUSDC). You hold a token that keeps earning even before you deposit it anywhere.

RWATokenised real-world assets — mostly short-term US Treasuries (BUIDL, USTB, USDY). Usually permissioned (🔒 KYC).

SyntheticHolds its peg with a strategy rather than simple reserves — e.g. a delta-neutral hedge (USDe, USDX). Higher, more novel risk.

A multi-asset pool takes the type of its riskiest leg, same as its tier.

Buckets

Within each tier, every pool is one of three kinds of place to earn:

LendSupply into a lending market (Aave, Morpho, Compound…).

LPProvide liquidity to a pool (Curve, Uniswap…).

VaultDeposit into a managed/auto-compounding vault (Yearn, a Morpho vault…).

The APY, and why we rank on “base”

Each row’s bar splits the yield in two: a solid segment for base (organic) APY — the yield the pool produces on its own — and a faint segment for reward APY, the extra incentive paid in a farm token.

We rank on base APY only. Rewards are shown but never counted, because incentive yield is temporary and often the thing that makes a headline number look better than it is. A pool that’s mostly rewards sits low, with a long faint tail — the thesis, drawn.

Liquidity-pool (LP) yield is different. A DEX pool’s APY is just its recent trading fees annualised, so it swings wildly with volume. To avoid flattering a pool during a volume spike, an LP row shows the conservative figure — the lower of its current rate and its 30-day average — so the headline never overstates what you’d actually earn. The current spot rate is still shown when you expand the row. Lending and vault APYs are steady, so those use the live rate.

Durability — the ▲ ● ▼ flag

The trend flag compares a pool’s current APY to its 30-day average, so you can tell a durable rate from a temporary spike:

▲Spiking — currently more than 20% above its 30-day mean. The number may not last.

●Steady — within ±20% of its mean. The most trustworthy state.

▼Decaying — more than 20% below its mean. The rate is fading.

Hover any flag on the rankings to see the exact numbers spelled out.

The links

Open a row to reach where you’d actually deposit. Links come in three kinds:

Exact poolStraight to the specific pool/vault on the protocol’s own app — computed or looked up per protocol (Aave, Curve, Uniswap V3, Morpho vaults today; more over time).

Protocol appThe protocol’s own app, when an exact per-pool URL isn’t reliably derivable — you pick the market there.

NonePermissioned pools (see below) aren’t linked.

Permissioned / 🔒 KYC

Some of the largest stablecoin yield is permissioned RWA (tokenized T-bills and credit) that requires KYC. Those pools are hidden by default and revealed with the “show permissioned” toggle, always marked 🔒 KYC. They’re shown for completeness, not linked.

Data & freshness

Pool data comes from DefiLlama. A scheduled job refreshes the snapshot every 6 hours and commits it to the repo, so the page loads instantly with no backend — and the commit history doubles as a record of how yields drift over time.

Not investment advice. The rankings encode one person’s opinion about trust, deliberately.