USDT Lending Rates
Tether
$0.998773
Updated 5m ago
Best Supply APY
3.10%
Morpho Blue · Ethereum
Lowest Borrow APY
2.94%
Compound V3 · Arbitrum
Total Liquidity
$3.7B
Markets
6
| Protocol | Chain | Supply APY | Borrow APY | Utilization | Total Supply | Total Borrow |
|---|---|---|---|---|---|---|
 Morpho Blue
Best Yield
|  Ethereum | 3.10% | 3.68% | 84.48% | $111.6K | $94.3K |
 Compound V3 | Ethereum | 2.71% | 3.59% | 75.21% | $192.8M | $145.0M |
 Spark | Ethereum | 2.62% | 3.52% | 82.75% | $584.9M | $484.0M |
 Aave V3 |  Arbitrum | 2.28% | 3.36% | 75.53% | $53.1M | $40.1M |
| Aave V3 | Ethereum | 2.12% | 3.20% | 73.56% | $2.8B | $2.1B |
| Compound V3
Lowest Borrow
| Arbitrum | 1.86% | 2.94% | 51.75% | $19.7M | $10.2M |
Morpho Blue Ethereum Supply APY
3.10%
Borrow APY
3.68%
Utilization 84.48%
Total Supply
$111.6K
Total Borrow
$94.3K
Compound V3 Ethereum Supply APY
2.71%
Borrow APY
3.59%
Utilization 75.21%
Total Supply
$192.8M
Total Borrow
$145.0M
Spark Ethereum Supply APY
2.62%
Borrow APY
3.52%
Utilization 82.75%
Total Supply
$584.9M
Total Borrow
$484.0M
Aave V3 Arbitrum Supply APY
2.28%
Borrow APY
3.36%
Utilization 75.53%
Total Supply
$53.1M
Total Borrow
$40.1M
Aave V3 Ethereum Supply APY
2.12%
Borrow APY
3.20%
Utilization 73.56%
Total Supply
$2.8B
Total Borrow
$2.1B
Compound V3 Arbitrum Supply APY
1.86%
Borrow APY
2.94%
Utilization 51.75%
Total Supply
$19.7M
Total Borrow
$10.2M
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 3.10% and the lowest borrow rate is 2.94%. Rates are polled every 5 minutes from on-chain smart contracts and GraphQL APIs.
Rates updated every 5 minutes from on-chain RPC data