Note: This isn’t a comprehensive list of platforms. There are many platforms that offer higher yields, but I do not consider them safe enough to trust with my money.
CeFi USDC Stablecoin Yields:
BlockFi: 8.75% for the first $20K, 7.75% over 20K
Voyager Digital: 9%
Crypto.com: 6% base rate, up to 12% if staking and locking up for 3 months.
Note: Platforms other than Celsius have withdrawal fees of $25-$50. Celsius withdrawals are free.
DeFi USDC/USDT Stablecoin Yields
The safest yield is from stablecoin
pairs like USDT/USDC. However, those yields are either low or one of the tokens is less safe (synthetic stablecoins like UST or DAI). That’s why I recommend pairing a stablecoin with either ETH or BTC - assuming that you already plan to hold either. I’ve sampled relatively safe pairs from Dex’s
on 4 major chains below:
- USDC-WETH: 22.36%
- USDT-WETH: 55.22%
- USDC-WBTC: 22.70%
- ETH-USDC: 16.48%
- BUSD-BNB: 21.36%
- CAKE-BUSD: 49.6%
- USDT.e-AVAX: 36.39%
- USDC.e-AVAX: 36.43%
- USDC-USDC.e: 26.41%
- AVAX-UST: 94.05% - UST is not recommended, but for reference, this is much higher than the 20% offered by Anchor Protocol.
: the .e versions are a newer method of wrapping the native tokens on the Avalanche chain. (See Avax Bridge
to convert between Ethereum/Avalanche chains)
- wBTC-USDC: 19.61%
- USDC-QUICK: 105.91%
- ETH-USDC: 38.75%
- ETH-USDT: 44.95%
As you can see, yields from DeFi pairs can be much higher than CeFi platforms. But you are responsible for sweeping (reinvesting) your earnings and face the risk of the platform being hacked, as well as impermanent loss