DeFi Users Frustrated with Aave's Low Stablecoin Yields
Aave, Ethereum's top lending protocol, holds over $6 billion in USDT with only 62% utilization, leaving plenty of idle cash amid low borrow demand from post-bear market deleveraging.
Users point to better options like Sky's 4% on USDS, Folks Finance's 7.66% blended on Algorand, or riskier plays up to 13% on Pendle, while Aave's TVL stays strong at $20 billion across chains.
Yields track crypto cycles—low now in a calm market, but they could rise with rebounding activity.
