Incentives are now live for USDm on the Aave V3 MegaETH market. The market supports both USDm and Ethena's USDe stablecoin, with USDe already seeing over $100 million in deposits. Users can supply USDe as collateral to borrow USDm, earning a promotional rate of about 3% APY.

Over 342 million USDm has been deposited into the market so far. Aave is also planning to increase USDe deposit caps to a target of $500 million on the market. MegaETH is a high-performance Ethereum-compatible chain launched in February 2026.

EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.