Aave vs Morpho Blue: USDT yields compared
Aave has 6 qualifying USDT pools ($327.1M) and Morpho Blue has 8 ($348.2M). The best 30-day average is 12.05% on Morpho Blue (Ethereum) versus 5.42% on Aave (Ethereum).
Typical pools pay about 5.22% on Aave and 3.61% on Morpho Blue; Morpho Blue holds more USDT in pools that pass our filters.
Last updated · refreshes hourly · Data: DefiLlama ↗
Aave best
5.42%
USDT · Ethereum
Morpho Blue best
12.05%
FCUSDT · Ethereum
Aave TVL
$327.1M
6 pools · median 5.22%
Morpho Blue TVL
$348.2M
8 pools · median 3.61%
Every qualifying pool, ranked
14 options match
- 1
Morpho Blue
FCUSDT · Ethereum
12.05%30d avg
Now 10.11%TVL $39.2MDetails
- Reward tokens
- 5.32% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Morpho Blue website ↗
- 2
Morpho Blue
GTUSDTB · Stable
6.39%30d avg
Now 6.40%TVL $19.8MSteadyDetails
- 3
Aave V3
USDT · Ethereum
5.42%30d avg
Now 5.48%TVL $60.2MSteadyDetails
- Note
- Umbrella
- Reward tokens
- 1.69% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V3 website ↗
- 4
Aave V3
USDT0 · Monad
5.39%30d avg
Now 5.57%TVL $17.2MSteadyDetails
- Reward tokens
- 2.95% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V3 website ↗
- 5
Aave V4
USDT · Avalanche
5.22%30d avg
Now 5.91%TVL $33.5MRisingDetails
- Note
- Core
- Reward tokens
- 5.17% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V4 website ↗
- 6
Aave V3
USDT0 · Plasma
4.54%30d avg
Now 4.73%TVL $43.0MSteadyDetails
- Reward tokens
- 0.59% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V3 website ↗
- 7
Aave V3
USDT0 · Mantle
4.44%30d avg
Now 4.43%TVL $14.2MSteadyDetails
- Reward tokens
- 0.70% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Aave V3 website ↗
- 8
Morpho Blue
BBQUSDT · Ethereum
4.22%30d avg
Now 3.78%TVL $20.1MFallingDetails
- 9
Aave V3
USDT · Ethereum
3.86%30d avg
Now 3.79%TVL $159.1MSteadyDetails
- 10
Morpho Blue
GUSDTQ · Ethereum
3.61%30d avg
Now 3.02%TVL $10.9MFallingDetails
- 11
Morpho Blue
STEAKUSDT · Ethereum
3.59%30d avg
Now 3.01%TVL $80.8MFallingDetails
- 12
Morpho Blue
SKYMONEYUSDTSAVINGS · Ethereum
3.48%30d avg
Now 3.19%TVL $59.0MSteadyDetails
- Reward tokens
- 0.66% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Morpho Blue website ↗
- 13
Morpho Blue
STEAKUSDT · Ethereum
3.42%30d avg
Now 2.85%TVL $77.9MFallingDetails
- 14
Morpho Blue
SPARKUSDTBC · Ethereum
3.22%30d avg
Now 2.70%TVL $40.5MFallingDetails
Education, not financial advice. Rates change; DeFi carries smart-contract and depeg risk. Do your own research.
Questions
Which pays more on USDT, Aave or Morpho Blue?
Right now Morpho Blue's best USDT pool has the higher 30-day average (12.05%, FCUSDT on Ethereum) against 5.42% for Aave. Comparing typical pools instead of the best one: Aave 5.22%, Morpho Blue 3.61%.
Which has more USDT deposited?
Across pools that pass our filters, Aave holds $327.1M and Morpho Blue holds $348.2M. More deposits mean more people trust the pool, but not that it is safe.
How are the pools chosen?
We include every USDT 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
Related rankings
All rankings →Join the list for the weekly rates roundup (launching soon)
The top safer stablecoin and staking rates and what changed, once a week. No spam, unsubscribe any time.