DeFi· ★★★· bullish·

Solana tops stablecoin lending yields at 6.7–8%, beating Ethereum and Arbitrum

  • —Solana stablecoin yields range 6.7–8% vs 3–4.4% on Ethereum and Arbitrum
  • —Kamino Lend holds $1.31 billion TVL; Jupiter Lend about $1.13 billion
  • —Jupiter Lend's USDC pool pays 5.12% APY on roughly $497 million in deposits
  • —Kamino's Sentora PYUSD vault offers 8.02% APY on $112 million, including 2.3% in rewards
Why it matters: Yields are elevated partly because pool utilization runs at 95–99%, which raises withdrawal risk for depositors.
Source: Crypto Briefing