Best DeFi Supply Rates

Compare the highest DeFi supply APY rates across 8 markets. The current top rate is 31.48% for WETH/ynETHx on Morpho Blue. Supply APY represents the annualized yield earned by depositing assets into a lending protocol's liquidity pool. These rates are determined algorithmically based on each market's utilization rate — the ratio of borrowed assets to total supplied assets. When utilization is high, the protocol increases rates to attract more deposits and maintain healthy liquidity. When utilization is low, rates decrease accordingly. Supply APY can fluctuate significantly within hours as market conditions change. DeFi Terminal ranks all tracked markets by their current supply rate, updated every 5 minutes from on-chain RPC data across Aave V3, Spark, Compound V3, and Morpho Blue. While higher APY is attractive, lenders should also consider the underlying protocol's risk profile, the total liquidity in the market, and the specific chain's security assumptions. Markets with very high rates may carry elevated risk due to low liquidity or concentrated borrowing positions. Rankings include markets with at least $100K in total supply and exclude frozen or inactive positions.