USDT Lending Rates
Tether
$0.999818
Updated 12d ago
Best Supply APY
10.33%
Morpho Blue · Ethereum
Lowest Borrow APY
3.48%
Spark · Ethereum
Total Liquidity
$3.5B
Markets
6
| Protocol | Chain | Supply APY | Borrow APY | Utilization | Total Supply | Total Borrow |
|---|---|---|---|---|---|---|
 Morpho Blue
Best Yield
|  Ethereum | 10.33% | 13.69% | 76.64% | $23.3K | $17.9K |
 Aave V3 | Ethereum | 3.35% | 4.07% | 91.33% | $3.0B | $2.7B |
| Aave V3 |  Arbitrum | 3.10% | 3.96% | 86.93% | — | — |
 Compound V3 | Ethereum | 3.05% | 3.85% | 84.65% | $179.7M | $152.1M |
 Spark
Lowest Borrow
| Ethereum | 2.62% | 3.48% | 83.55% | $377.1M | $315.0M |
| Compound V3 | Arbitrum | 2.61% | 3.51% | 72.41% | $14.6M | $10.6M |
Morpho Blue Ethereum Supply APY
10.33%
Borrow APY
13.69%
Utilization 76.64%
Total Supply
$23.3K
Total Borrow
$17.9K
Aave V3 Ethereum Supply APY
3.35%
Borrow APY
4.07%
Utilization 91.33%
Total Supply
$3.0B
Total Borrow
$2.7B
Aave V3 Arbitrum Supply APY
3.10%
Borrow APY
3.96%
Utilization 86.93%
Total Supply
—
Total Borrow
—
Compound V3 Ethereum Supply APY
3.05%
Borrow APY
3.85%
Utilization 84.65%
Total Supply
$179.7M
Total Borrow
$152.1M
Spark Ethereum Supply APY
2.62%
Borrow APY
3.48%
Utilization 83.55%
Total Supply
$377.1M
Total Borrow
$315.0M
Compound V3 Arbitrum Supply APY
2.61%
Borrow APY
3.51%
Utilization 72.41%
Total Supply
$14.6M
Total Borrow
$10.6M
This page compares USDT lending rates across all tracked DeFi protocols in real time.
This page compares USDT lending rates across all tracked DeFi protocols in real time. Supply APY shows what lenders earn by depositing USDT, while borrow APY shows the cost of borrowing it against posted collateral. Rates differ between protocols due to their liquidity model, utilization level, and interest rate curve parameters. Higher utilization generally means higher rates for both suppliers and borrowers. Currently, the best supply rate for USDT is 10.33% and the lowest borrow rate is 3.48%. Rates are polled every 5 minutes from on-chain smart contracts and GraphQL APIs.
Rates updated every 5 minutes from on-chain RPC data