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Pennyworth · Independent research · Not financial advice
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CEX yield, demystified

See the
caveats before you invest.

Pennyworth tracks stablecoin yield and lending products across 9 CEX, surfacing the conditions and traps marketing pages tend to bury.

View yields and details →How we label traps
The promo's an 8-day window.
And the 14% only covers the first $1,000.
Anatomy of a Pennyworth card
Sample
Bitget.USDT.Event Payout.Low-risk tier · Watch

Earn Plus · USDT (Event)

Current APR
14.00%Windowed APR · traps visible
30 daysAPR history, 30 points, range 5.50% to 14.00%, latest 14.00%
Traps detected (2)
PromoMust opt out
See the full yield list · 9 exchanges→
Covering 9 exchanges
Binance
OKX
Bybit
Bitget
Coinbase
MEXC
Gate
OSL
HTX
Plus 8 on-chain yield stablecoins
apxUSD · ApyxBFUSD · BinanceUSDai · Permian LabssUSD1+ · LorenzosyrupUSDC · MaplesUSDe · EthenasUSDS · SkyUSDY · Ondo
Why Pennyworth

CEX show you the rate.
We show you the terms.

01

Every trap, identified

We track tiered APR caps, lockup disguises, and promo rates posing as base, attaching evidence and a confidence rating to each finding.

02

Cross-CEX data alignment

Product lines, metrics, and units are normalized upfront, so products across exchanges can be compared on the same axis.

03

Auditable history

Every product keeps 30 days of APR averages and extremes; if terms change, the moment of change is logged alongside.

04

Sort order, not a score

Pennyworth ranks products internally across three tiers to determine display order. It is not a risk score, and it is not investment advice.

※ Weekly digest

A weekly digest of the CEX yield market.

New products, APR shifts, term changes, and newly identified traps — in one email.

Free. Weekly digest. We don't sell data, run ads, or take CEX money.