Aave vs Morpho Blue: USDe yields compared
Aave has 4 qualifying USDe pools ($947.9M) and Morpho Blue has 2 ($712.8M). The best 30-day average is 4.81% on Aave (Ethereum) versus 4.81% on Morpho Blue (Base).
Typical pools pay about 1.03% on Aave and 4.81% on Morpho Blue; Aave holds more USDe in pools that pass our filters.
Last updated · refreshes hourly · Data: DefiLlama ↗
Aave best
4.81%
USDE · Ethereum
Morpho Blue best
4.81%
USDE · Base
Aave TVL
$947.9M
4 pools · median 1.03%
Morpho Blue TVL
$712.8M
2 pools · median 4.81%
Every qualifying pool, ranked
6 options match
- 1
Aave V4
USDE · Ethereum
4.81%30d avg
Now 5.65%TVL $30.1MRisingDetails
- Note
- Plus
- Reward tokens
- 5.65% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V4 website ↗
- 2
Morpho Blue
USDE · Base
4.81%30d avg
Now 5.00%TVL $351.9MSteadyDetails
- Reward tokens
- 5.00% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Morpho Blue website ↗
- 3
Morpho Blue
USDE · Robinhood Chain
4.81%30d avg
Now 5.00%TVL $360.9MSteadyDetails
- Reward tokens
- 5.00% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Morpho Blue website ↗
- 4
Aave V3
USDE · Monad
1.03%30d avg
Now 1.29%TVL $97.1MRisingDetails
- Reward tokens
- 1.00% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V3 website ↗
- 5
Aave V3
USDE · Plasma
0.26%30d avg
Now 0.25%TVL $560.5MSteadyDetails
- 6
Aave V3
USDE · Ethereum
0.23%30d avg
Now 0.22%TVL $260.3MSteadyDetails
Education, not financial advice. Rates change; DeFi carries smart-contract and depeg risk. Do your own research.
Questions
Which pays more on USDe, Aave or Morpho Blue?
Right now Aave's best USDe pool has the higher 30-day average (4.81%, USDE on Ethereum) against 4.81% for Morpho Blue. Comparing typical pools instead of the best one: Aave 1.03%, Morpho Blue 4.81%.
Which has more USDe deposited?
Across pools that pass our filters, Aave holds $947.9M and Morpho Blue holds $712.8M. More deposits mean more people trust the pool, but not that it is safe.
How are the pools chosen?
We include every USDe pool from either protocol that passes our standard filters: single-asset stablecoin pools with no impermanent loss, at least $10.0M deposited, 30+ days of history and a rate no higher than 25%. Both protocols' versions are grouped together.
How often is this comparison updated?
Hourly, from DefiLlama. Last updated Nov 2, 2026, 03:27 UTC. If the two protocols stop having 3+ qualifying pools between them, this page is removed.
Learn more
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