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On-chain Yield: Mitosis USDT Pool APY reaches 37.71%, Syrup USDC Pool APY reaches 9.18%
BlockBeats News, August 19th, according to DefiLlama data, the Total Value Locked (TVL) of SUSDE (Ethena USDe) is currently $55.53 billion, with an Annual Percentage Yield (APY) of 7.28% and a unstaking period of 7 days. Maple Finance's Syrup USDC TVL is $22.09 billion with an APY of 9.18%. SUSDS (Sky Lending) has a TVL of $17.47 billion with an APY of 4.75%.
In addition, Binance has launched the first season of the Mitosis (MITO) Booster event today at 8:00, with BNB pool APY as high as 72.91% and USDT pool APY as high as 37.71%. This event allows users to deposit BNB or USDT into the Simple Yield Mitosis Treasury through Binance Wallet to receive MITO rewards, with a total reward of 15 million MITO. The event does not have an Alpha Point threshold. Users can redeem assets through the Mitosis DApp, but it's important to note that the BNB redemption process may take up to 10 days, and the USDT redemption process may take up to 5 days.
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