USDT USDE — 4.47% APY Staking Pool

The USDT USDE pool on Convex Finance (Ethereum) currently yields 4.47% APY with $174.7K in total value locked. Deposit your USDT, USDE and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma · Last reviewed: August 2026 · Data: DeFiLlama · Updated every 4h

APY data sourced from DeFiLlama. Not financial advice — verify rates before depositing.

Pool Statistics

APY & TVL History

Historical APY and TVL data for USDT USDE, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.

About USDT USDE

The USDT USDE pool is a decentralized yield-generating position managed by the Convex Finance protocol on the Ethereum blockchain. Depositors provide USDT, USDE liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.

With 4.47% APY and $174.7K in total value locked, this pool represents an active liquidity opportunities in the Ethereum DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.

How This Pool Generates Yield

Yield in USDT USDE comes from two sources: base APY of 1.95% from trading fees and lending activity, and reward APY of 2.52% from Convex Finance protocol incentives paid in governance tokens. The base APY is more sustainable long-term; the reward APY depends on the token price and incentive program duration.

Unlike centralized staking on exchanges, your deposit in USDT USDE is secured by Convex Finance's open-source smart contracts on Ethereum. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.

Who Should Use USDT USDE?

This pool suits investors who already hold USDT, USDE and want to put those assets to work beyond simply holding. As a stablecoin pool, it offers yield without price volatility risk on the principal — ideal for conservative DeFi participants.

How to Stake USDT, USDE in Convex Finance

Follow these steps to deposit into the USDT USDE pool and start earning 4.47% APY. The entire process takes 15–30 minutes for first-time DeFi users.

Step 1: Buy USDT, USDE

Purchase USDT, USDE on Bybit, BINGX, or MEXC. Choose the Ethereum network for withdrawal to avoid bridging fees. Confirm the network before completing the transfer.

Step 2: Set Up a Wallet

Install MetaMask or use a Ledger hardware wallet. Add the Ethereum network if it is not detected automatically. Never store your seed phrase digitally.

Step 3: Get Ethereum for Gas

Buy a small amount of Ethereum's native token to pay transaction fees — usually $1–10 worth is sufficient for several transactions.

Step 4: Connect to Convex Finance

Visit the official Convex Finance app. Bookmark the URL directly. Never click links from DMs, social media, or email — phishing sites mimic real protocols exactly.

Step 5: Approve and Deposit

Approve the token spend in your wallet, then confirm the deposit transaction. Yield begins accruing in the next block after confirmation.

Step 6: Track and Harvest

Check your position regularly. Some pools require manual reward claims — harvest and reinvest to compound your 4.47% APY over time.

Gas Costs and Break-Even

On Ethereum, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 4.47% APY, a $40819 deposit recovers ~$35 in gas within a week (≈ $5/day in yield). Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — USDT USDE

Every DeFi investment involves risk. Key risks for this pool:

• Smart Contract Risk — All DeFi protocols carry smart contract risk. Verify Convex Finance's audit history and bug bounty program before depositing.
• Liquidity Risk — Lower TVL means larger deposits may face slippage. Check pool depth before depositing.
• Impermanent Loss — Single-asset or stablecoin pool — impermanent loss risk is minimal or non-existent for this pool type.
• Asset Price Risk — Stablecoin pool — principal value is stable regardless of broader crypto market moves.
• Protocol Risk — Review Convex Finance's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions