Solana ranks as top chain for stablecoin lending yields

If you park dollars on a blockchain, the best rates are now on Solana. Stablecoin lending yields on Solana ranged from 6.7% to 8% in recent cross-chain comparisons. Ethereum and Arbitrum hovered around 3% to 4.4%. For a corner of crypto built on boring, dollar-pegged tokens, that gap is anything but boring. Where the yield is coming from Two protocols carry most of the weight. Kamino Lend held around $1.31 billion in total value locked, and Jupiter Lend held approximately $1.13 billion. Across Solana’s major lending protocols, total lending now tops $2.7 billion. Jupiter and Kamino together make up the bulk of that, with smaller players filling in the rest. As of October 10, 2026, Jupiter Lend’s USDC pool paid 5.12% APY on approximately $497 million in deposits. Kamino’s Sentora PYUSD vault went further. It reached 8.02%, including roughly 2.3% in rewards, on $112 million in deposits. That rewards slice is worth pausing on. Strip it out and the underlying rate sits closer to the plain pools, which tells you some of the headline number is promotional rather than organic. Broadly, plain USDC lending pools on Solana yield approximately 5% APY. Curated vaults can land between 6% and 8%...