About this Chart

Earn is USDe credited to the user's wallet: a Merkl base rate plus Daily Boost so time-weighted eligible balances reach the tier total (5% / 6% / 6% standard / pro / vip). Boost Cap is a balance cap ($5k / $15k / $50k); balances above the cap earn the base rate only.

This chart books earn when USDe is received. Rewards earned on a given UTC day are credited at the start of the next day, so the bar on day D is earn for holdings on D−1.

The orange line is trailing-7-day earn divided by trailing-7-day prior-day wallet TVL, annualized. Product earn uses wallet TWAB, not end-of-day TVL.