DeFi Yields Plummet to Record Low, Driven by Shifting Stablecoin Landscape

Recent data reveals that DeFi yields have hit historic lows as stablecoin APRs average a concerning 5.8%, signaling a significant shift in the decentralized finance (DeFi) ecosystem. While some protocols like Level USD Pendle IY offer lucrative yields exceeding 12% per year, others like Aave V3 USDC provide meager returns of only 3.4%. This indicates a volatile and dynamic landscape in stablecoin demand and liquidity flows.