🫡 Top Stable Yield-Bearing Tokens of the Week [W31] 2026 Ranked by APY + weekly delta ⸻ 1️⃣ $jrONyc – @ExponentFinance 23.17% APY including rewards (▼ 19.28%) Still on top. → Exponent's Junior ONyc tranche keeps the #1 spot despite a sharp APY compression. Lower utilization and reward normalization reduced returns, but it remains Solana's highest-yielding stable-backed strategy. ⸻ 2️⃣ $USD* Junior – @perena 18.43% APY (▼ 1.76%) Holding strong. → USD* Junior remains one of Solana's premier structured yield products. Although yields eased this week, demand for first-loss structured exposure continues to support elevated returns. ⸻ 3️⃣ $USDC – @loopscale + @ExponentFinance 14.84% APY (▼ 0.99%) Still among the leaders. → The OnRe Growth Vault continues delivering attractive institutional-grade yields through lending, looping, and reinsurance strategies despite another week of gradual compression. ⸻ 4️⃣ $ONyc – @onrefinance 11.64% APY (▼ 0.03%) Consistency wins. → ONyc remains one of Solana's most dependable RWA-backed yield assets, once again posting almost no week-to-week volatility. ⸻ 5️⃣ $PYUSD – @kamino (JLP Vault) 9.83% APY (🆕 New Entry) A new entrant. → PYUSD enters the leaderboard through Kamino's JLP Vault, reflecting growing demand for diversified institutional stablecoin yield strategies. ⸻ 6️⃣ $PST (Classic, no lockup) – @humafinance 8.20% APY (→) Business as usual. → PayFi credit continues offering reliable, predictable income with minimal volatility, remaining one of the ecosystem's steadiest stable yield products. ⸻ 7️⃣ $USX – @kamino ( @AllezLabs USX Vault) 8.08% APY (▼ 1.16%) Further normalization. → USX yields continued compressing this week as additional liquidity entered the vault, though it remains a competitive institutional credit strategy. ⸻ 8️⃣ $eHYUSD – @hylo_so 7.89% APY (▼ 0.31%) Steady transition. → Hylo's delta-neutral yield asset saw a slight decline in returns while continuing to generate yield from leveraged-token activity without directional market exposure. ⸻ Weekly signals 👇 • jrONyc remains #1 despite a significant APY normalization • USD* Junior strengthens its position as the closest challenger • Loopscale + Exponent's OnRe Growth Vault continues ranking among Solana's leading institutional strategies • PYUSD debuts on the leaderboard through Kamino's JLP Vault • ONyc continues setting the benchmark for consistent RWA-backed yield • Stablecoin yields broadly compressed this week as liquidity deepened across multiple protocols ⸻ Yield markets continue maturing. Rather than chasing unsustainably high returns, capital is increasingly flowing toward products with transparent risk frameworks, institutional backing, and proven resilience. As liquidity grows across Solana's stablecoin ecosystem, APYs naturally compress—but the breadth and sophistication of yield opportunities continue expanding through structured finance, RWAs, and institutional vaults. That's the stable yield leaderboard I'm tracking this week 🫡