According to Neutrl, DeFi is currently in one of the lowest interest rate environments in history, with an average APR for stablecoins calculated based on TVL at only 5.8%. Among the mainstream DeFi protocols, the highest stablecoin yield is Level USD Pendle IY at 12.4%, while the lowest is the Aave V3 USDC deposit interest rate at 3.4%.

DEFI6.1%
CHO0.45%
PENDLE0.85%
AAVE0.84%
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