DeFi中稳定币的总供应量刚刚达到168亿美元的历史新高。这笔资金被分配到哪里，哪些池子目前提供最佳的风险调整利率？ 简而言之： • 对于USDT和USDC，@aave是最受欢迎的替代方案，占总稳定币存款的64.5%（108.3亿美元）。 • @MorphoLabs的WBTC/USDC 86%市场目前提供最高的7天平均年化收益率（APY）为4.83%，且市场风险评分最低。@aave上的USDS（4.82%）和@0xfluid上的USDC（4.74%）提供了最具吸引力的收益，且流动性风险评分最低。 • @SkyEcosystem Savings以4.5%的APY保持竞争力，供应超过23.6亿美元。

Where are users supplying stablecoins? • Aave Core dominates USDT and USDC deposits. Their supply rates sit close to the Sphere Supply Benchmark (supply-weighted average rate across all stablecoin lending markets on Sphere), while its deep liquidity makes it the preferred venue for larger users. • Sky Savings Rate (SSR+DSR) is third in line, with $2.36B in deposits. Because SSR is set by Sky Governance rather than pool utilization, the yield is stable regardless of size, another benefit for large suppliers. • A significant share of liquidity also sits in @sparkdotfi's SparkLend USDS and DAI markets, made possible by the Sky Allocation System, whereby assets are allocated to SparkLend via the Spark Liquidity Layer.