The recent cryptocurrency market can be said to have left investors sighing helplessly. Bitcoin continues to fluctuate around $60,000, Altcoin have fallen even worse. Coupled with the recent increased correlation between BTC and US stocks, it continues to put pressure on the market amid the AI bubble and economic recession.
At this time, if you are tired of the volatility of the market, or think that this wave of decline has just begun, stablecoin financial management solutions that can obtain relatively stable returns have become the first choice for many investors who are waiting to watch the market. The following moving area summarizes for you the high-yield solutions of some DeFi protocols in the current market, as well as the return rate of centralized exchanges (recently, fewer people are willing to borrow money on CEX, and the interest rates are also lower).
Find platforms quickly
First, from the de.fi quick search platform, you can search for the sorting of pledge and loan rewards for various tokens on different platforms. However, some of the returns compiled by the platform will involve providing rewards in platform tokens, which are also risky, so please be careful.
Pendle Finance
Pendle Finance is a decentralized finance (DeFi) protocol built on the Ethereum blockchain where users can execute various yield management strategies. Pendle's goal is to provide users with attractive yields by increasing yield positions in bull markets and hedging against the risk of yield declines during bear markets.
Currently on Pendle, Karak's sUSDe PT token has a yield of 20.9%. Users only need to deposit tokens to passively obtain income. 》 Click to view
Kamino
Kamino Finance is a protocol built on the Solana blockchain to provide liquidity and earn yield. Unlike other LP products, this protocol supports one-click automatic compounding concentrated liquidity strategy.
Currently on Kamino, you can earn 17.11% APY by depositing PYUSD, the stablecoin issued by PayPal. 》 Click to view
Scallop
Scallop is the lending protocol with the largest TVL in the public chain Sui ecosystem, and is also the first DeFi project to receive funding from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and strong security, we are committed to building a dynamic lending market that provides: high-interest lending, low-fee borrowing, AMM and digital asset self-management tools, and professional traders SDK.
Currently, you can get 17.95% APY by depositing USDC in Scallop, and you can also get 11% APY by depositing USDT. 》 Click to enter
Centralized exchange
. Binance ExchangeBinance
As the world's largest cryptocurrency exchange, "Binance Earn Money" currently provides the following products for stablecoin interest rates (the rate of return will change at any time depending on market conditions, mainly based on official website announcements):
- USDT: Provides a current interest rate of 1.86%
- USDC: 2.07%
- FDUSD: 0.85% (previously, nearly 20% of short-term activities were provided, which can be observed at any time)
this link
Register on Binance and get 10% trading fee rebate for each transaction. 
Users can redeem at any time as needed and have good asset liquidity. Officials stated that rewards will begin to accumulate at 00:00 UTC on the next day of subscription. Rewards will be distributed to users' spot wallets between 00:00 and 08:00 (UTC) the day after interest accrual starts (two days after subscription). In addition, APR will fluctuate daily with the level of borrowing demand.
. Bybit Exchange
The "Savings Products" of Bybit Exchange currently provide the following products for stablecoin interest income (the rate of return will change at any time according to market conditions, mainly based on official website announcements):
USDT provides a current annual interest rate of up to 6.69% (using a stepped annualized rate of return)
- <= 500 USDT: 6.69%
- > 500 USDT: 1.69%
USDC provides a current annual interest rate of up to 6.39% (using a stepped annualized rate of return)
- <= 500 USDC: 6.39%
- > 500 USDC: 1.39%
Users can redeem at any time as needed and have good asset liquidity. The official stated that the income will start to be calculated the day after staking the tokens (T+1), and will be automatically deposited into your financial account every day one day after the calculation period starts (T+2). No income will be generated on the day when the pledged tokens are redeemed. User's earnings will be refreshed at 12 am (UTC) every day.
. OKX Exchange
OKX Exchange’s “Simple Money Earning” product currently provides the following interest rates for stablecoin interest:
USDT provides a current annual interest rate of up to 10% (for the first 1,000 USDT, the current annual interest rate is 3%)
USDC provides an annual current interest rate of up to 10% (for the first 1,000 USDC), and the annual current interest rate for the first 1,000 USDC is 5%.
. Huobi Exchange (HTX)
Huobi Exchange’s “Current Financial Management” product currently provides the following interest rates for stablecoin interest:
- USDT provides a current annual interest rate of up to 10% (3% after exceeding 1,000 USDT)
- USDC offers a current interest rate of up to 1.1% per annum
- USDD offers a current interest rate of up to 2.5% per annum
How do stablecoin profits come from?
Basically, the source of interest for stablecoin current products mainly comes from the interest income obtained from lending to leverage trading users in the lending market , just like a bank lending you money and you have to pay interest .
Therefore, the interest rate of this product will be affected by market changes. When there is a large demand for stablecoins (such as large currency price fluctuations, bull markets...), the annualized interest rate can exceed 10%, and when the demand is small, it may be as low as 1 %.
In addition, the platform may also use "subsidies" to give back to users in order to attract funds, thereby increasing the number of user registrations. Therefore, when users see a particularly high rate of return, they must carefully evaluate it and choose a suitable platform based on their own risk capabilities.
