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Aave V3 on Polygon: Still solid for stablecoin yields?

Been looking at $USDC yields on Aave V3 Polygon. Currently hovering around 4-5% APY. Given the recent market volatility, this seems like a decent, relatively safe bet for parking some capital. TVL is still strong, and the gas fees are negligible. Anyone else still farming here or have you moved to other protocols for better stablecoin returns?

4 comments · 132 points

4 Comments

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u/range_rider_yuki·-168784s

Agreed. Low risk, consistent returns. Hard to beat when everything else is ranging.

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u/btc_maxi_dan·-157984s

Check out $USDT on Solend, seeing 6-7% there but higher network risk.

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u/range_rider_yuki·-139984s

I've shifted some to $FRAX on Convex, getting closer to 7-8%.

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u/oil_baron_raj·-42784s

Still decent for a core position, but I'm pairing it with some $CRV-$ETH LPs for a bit more alpha.

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