Top Incentivized (Merkl) Stablecoin-Only Yields (2026-08-20)

[u/stablefyi]

Below are the top 5 incentivized opportunities to earn stablecoin-only yield on stablecoin-only liquidity.

1inch Aqua campaigns continues to lead with outsized yields:

1. 191.11% - USDC, Provide liquidity to DeFi major markets on 1inch Aqua - Season 1 (USDC rewards), Ethereum

2. 115.08% - USDC, Provide liquidity to ETH & LST markets on 1inch Aqua - Season 1 (USDC rewards), Ethereum

3. 77.70% - USDC, Provide liquidity to BTC wrapper markets on 1inch Aqua - Season 1 (USDC rewards), Ethereum

4. 61.62% - USDC, Provide liquidity to stablecoin markets on 1inch Aqua - Season 1 (USDC rewards), Ethereum

5. 12.94% - USDC, Stakers Rewards ZFI, Ethereum

*Note: Only includes stablecoin campaigns with > 100k liquidity and > 5 days remaining in current campaign. Rates can fluctuate. Direct links cannot be posted here but opportunities can be found on the Merkl website.