The bull market is here, and stablecoin returns are starting to soar. In the past, when the bear market was extremely miserable, it was difficult to find returns exceeding 5%. Now, with the strong subsidies from major public chains or project developers, stablecoin high returns have begun to appear again ( This is very important. While seeing high returns, do not ignore the risk of defi being hacked)

1.@Scallop_io

Stablecoin income 21.5%

The largest lending agreement on Sui, relying on the strong subsidies of the public chain to have ultra-high stablecoin lending interest rates

2.@ethena_labs

Stablecoin income 24%

It is a synthetic U.S. dollar agreement based on Ethereum. Ethena's synthetic U.S. dollar USDe performs delta hedging by using Ethereum as collateral. The investors have strong backgrounds and the main source of profits is that everyone wants to take the airdrop income, so the profit goes to USDe. Got it

3.@MIM_Spell

Stablecoin mining revenue 41%

The MIM stablecoin launched by spell can be regarded as an agreement that has survived the last bull market until now. MIM has a record of decoupling and falling to around 0.8. The volatility of the anchor is relatively high. It is currently paired with USDC/USDT on Curve (arbitrum). 3 pool has an APR of up to 41.49%

What other fragrant mines are there? Welcome to leave a message.