By @stableview
We cover global stablecoin news, yield insights, real-world adoption and regulation updates in our weekly newsletter → stableview.news
📘 Overview
This is a curated list of sustainable, real-yield opportunities for stablecoins and ETH-related assets. Everything here avoids emissions-based ponzis and focuses on real revenue-generating DeFi protocols. Built for users who want yield without chasing hype.
What qualifies as "real yield":
Use this map to explore yield options by protocol, strategy type, and risk level.
| 📌 Protocol | 🌐 Chain | 💰 Asset(s) | 📈 APY | ⚙️ Strategy Type | 🛡️ Risk Level | 📝 Notes |
|---|---|---|---|---|---|---|
| ave v3 | ETH, OP | USDC | ~4.6% | Lending | 🔵 Low | Trusted, high liquidity |
| Reserve Protocol | ETH | RToken (e.g. eUSD) | ~5.3% | Basket-backed stables | 🟡 Low–Med | Backed by sDAI, ETH, TBills |
| Yearn | ETH | stETH | ~4.5–5.0% | Strategy vaults | 🟡 Medium | Auto-compounding via rebase |
| Curve/Prisma | ETH | crvUSD | ~7.2–8.1% | Stablecoin staking | 🟡 Medium | Peg risk on newer stablecoin |
| Gravita Protocol | ETH | GRAI | ~7.5–8.0% | Stablecoin staking | 🟡 Medium | CDP model with real-yield flow |
| Silo Finance | ETH | USDC, crvUSD | 6–8% | Isolated lending markets | 🟡 Medium | Safer due to 1:1 silo model |
| Morpho Blue | ETH | crvUSD, DAI | 7–10% | Peer-to-peer lending | 🟡 Medium | Direct borrower matching |
| Instadapp Lite | ETH | sDAI, USDC | 6–9% | Smart account strategies | 🟡 Medium | Simple UI for passive users |
| Sommelier | ETH, ARB | USDC, ETH | 6–10% | Active yield strategies | 🟡 Medium | Curated yield allocations |
| Pendle | ETH, ARB | USDT, sDAI | 12–15% | Fixed Yield via LRTs | 🟡 Medium | Time-locked fixed income |
| Uniswap v3 | ETH, ARB | USDC/DAI, ETH | 8–12% | Concentrated LPing | 🔴 High | Impermanent loss, active management |
| Gearbox | ETH | USDC | 10–12% | Leverage yield strategies | 🔴 High | Leverage + protocol risk |
| Ethena | ETH | USDe | 8–15% | Delta-neutral via perps | 🔴 High | Peg and execution complexity |
📘 Strategy Type Breakdown
🔵 Lending (Low)
Deposit to a lending pool and earn interest from borrowers. Low volatility.
Example: Aave v3
🟡 Basket-backed stables (Low–Med)
Earn passive yield from diversified stablecoins backed by real-world assets or yield-bearing tokens.
Example: Reserve