DeFi interest rates hit a historical low: the weighted average APR of stablecoin TVL is only 5.8%.

According to Wu's report, citing KOL Karl and Neutrl data, DeFi is currently experiencing one of the historically lowest interest rate environments, with a weighted average APR for stablecoin TVL at only 5.8%. Among the mainstream DeFi protocols tracked by Neutrl, the highest yield for stablecoins is Level USD $Pendle IY at 12.4%, while the lowest is $Aave V3 USDC deposit rate at 3.4%.