Market overview
Pulse
DEFILLAMA · 2026-10-10 06:19 UTC
- TVL tracked$1.35Bacross 166 pools
- Pools weighed166each with a Jev verdict
- Protocols20live on Monad
- Median real APY1.5%after stripping emissions
- TVL in emission-heavy pools35%over half the APY is incentives
Headline vs real
What the APY says, and what's left
Median per asset class. Real APY strips out token emissions.
Headline APYReal APY
- Stablecoins−2.3 pts6.6%4.2%
- BTC / ETH−2.1 pts2.2%0.1%
- Real-world assetsno gap0.0%0.0%
- Other−2.2 pts2.2%0.0%
- MON−6.0 pts6.1%0.2%
- Goldno gap0.0%0.0%
| Asset class | Headline APY | Real APY |
|---|---|---|
| Stablecoins | 6.6% | 4.2% |
| BTC / ETH | 2.2% | 0.1% |
| Real-world assets | 0.0% | 0.0% |
| Other | 2.2% | 0.0% |
| MON | 6.1% | 0.2% |
| Gold | 0.0% | 0.0% |
Where the money sits
TVL by asset class
Share of all tracked liquidity.
Verdicts by protocol
Who holds the real yield
TVL split by Jev's verdict for the 10 largest protocols.
DepositConsiderAvoid
- Aave$346M
- Morpho$273M
- Accountable$273M
- Curvance$129M
- Euler$79.7M
- Townsquare Lending$77.3M
- Pendle$62.1M
- Upshift$23.8M
- Yuzu Money$18.2M
- Centrifuge$15.1M
+ 10 more protocols · $49.9M · 3.7% of TVL
| Protocol | TVL | Deposit | Consider | Avoid | Not judged |
|---|---|---|---|---|---|
| Aave | $346M | $13.8M | $316M | $16.0M | $0 |
| Morpho | $273M | $74.5M | $199M | $0 | $0 |
| Accountable | $273M | $267M | $5.5M | $0 | $0 |
| Curvance | $129M | $0 | $129M | $0 | $0 |
| Euler | $79.7M | $5.8M | $73.9M | $0 | $0 |
| Townsquare Lending | $77.3M | $77.3M | $0 | $0 | $0 |
| Pendle | $62.1M | $44.1M | $17.9M | $0 | $0 |
| Upshift | $23.8M | $21.9M | $1.9M | $0 | $0 |
| Yuzu Money | $18.2M | $18.2M | $0 | $0 | $0 |
| Centrifuge | $15.1M | $0 | $15.1M | $0 | $0 |
7-day movers
Biggest APY swings
Relative change in headline APY over the last week.