UPDATED February 1st 2024. Who offers the best crypto interest rates? With the growth of DeFi & CeFi applications, crypto lending, margin exchanges, and stakeable cryptocurrencies over the last few years, it can be difficult to know where the best crypto yields for your idle capital are. Following on from our guide to crypto yield farming, this survey looks into the major crypto lending platforms and examines the different interest rates offered by them.

First, an understanding of the difference between ‘crypto lending’ and ‘crypto borrowing’ in the context of this article is important. If you are lending in the scenarios below you are loaning your assets to the platforms featured with the expectation that you will earn interest on your crypto assets. Your goal is the return of your original sum, with earned interest. This article does not explore crypto borrowing – where you would borrow assets (or fiat in some cases) from a platform, which you would be required to repay – with additional interest. For the best crypto borrowing rates check here.

The question of which is the best crypto lending platform is open to debate – as each has its own approach and processes – but certainly annual interest rates paid are a good place to start. All interest rates were recorded on February 1st 2024 and are subject to change. A rate of zero on a specific platform means the coin is temporarily unavailable there. It does not mean 0% interest. Rates displayed are typically maximums and may come with additional platform terms & conditions.