According to CoinDesk statistics, the current mainstream DeFi yields continue to decline and have generally fallen below the interest rates of traditional financial platforms. Among them, Aave USDC deposits have an annualized rate of approximately 2.61%, Aave USDT about 1.84%, and Lido stETH around 2.53%, all lower than the 3.14% interest rate for idle cash at Interactive Brokers. Only a few products still maintain relatively high returns, such as Ethena sUSDe at approximately 3.47% and Sky USDS Savings at about 3.75%. Currently, competitive yields are more reliant on RWA assets like U.S. Treasuries and institutional credit, and DeFi is facing a yield mismatch problem of “higher risk but lower returns than TradFi.”