[AC: USDC Yield on Sonic Reaches 5.11%, DeFi Far From Its Peak] According to a report by Jinse Finance, on May 9, Andre Cronje shared that the annualized yield for USDC on the Sonic network has reached 5.11%, while the yield for USDT and ftUSD on Ethereum has reached 5.27%. Andre Cronje emphasized that these yields do not rely on token incentives, subsidies, or point systems, nor do they require cyclic leverage, staking unlock periods, or exit queues. Additionally, they support instant redemption and liquidity. He stated that DeFi is still far from reaching its peak, and there remains significant space for exploration and development in the on-chain world.