Best USDe Earn Rates: Flipster Leads with Up to 23% APR

As USDe adoption accelerates, traders are comparing where their assets can work hardest.

Across both CEX and DeFi, Flipster delivers one of the highest-performing USDe yields in the market, with full liquidity, no lockups, and the ability to use your balance as collateral for perpetual trading.

Flipster’s USDe Earn Program offers a guaranteed 8% APR on all balances (up to USD 200K), with the potential to boost returns up to 23% as you trade more.

Centralized exchange comparison

Platform	Asset	Max APR/APY*	Notes
Flipster	USDe	23%	8% guaranteed; up to 23% when you trade more
Binance	USDe	7%	Earn product
Bitget	USDe	4.5%	Earn product
Bybit	USDe	4%	Earn product
MEXC	USDe	4%	Earn product

Flipster’s 8% fixed APR already exceeds all major CEX benchmarks. Once you start trading, yields can rise to as high as 23%, depending on your activity level.

DeFi comparison

Platform / Protocol	Asset	Max APR/APY**	Notes
Flipster	USDe	23%	Instant withdrawal; tradable collateral
Pendle (tUSDe)	USDe	12%	Locked until maturity
Pendle (Strata)	USDe	10.6%	Locked; higher risk profile
Pendle (sUSDe)	USDe	7%	Locked; limited liquidity
Aave	USDe	6.6%	Lending APR
Fluid	USDe	5%	Lending APR

*As of Oct 27, 2025

**Pools under $10M TVL excluded. LP/AMM pools not considered due to different risk structure.

Flipster stands out for three reasons

Liquidity: Withdraw anytime with no lockups, no redemption delays.
Utility: USDe remains usable as collateral for perpetual trading.
Performance: Competitive returns that scale with your trading activity.

At higher trading volumes (≥ USD 250K), the combined yield of base and trading bonuses becomes unmatched across both CEX and DeFi ecosystems, with none of the restrictions typical of fixed-term protocols.