Can stablecoins really be used for leveraged trading? Let's try operating with the logic of "yield generation," which is quite interesting.

The key is to choose the right platform. Taking a mainstream DeFi ecosystem as an example, using stablecoins can actually earn three layers of returns, which is the hardcore way.

**Return 1: Basic APY**
Mint yield-bearing stablecoins directly with USDT or USDC, or trade them on DEXs to earn returns automatically. This is the most stable layer.

**Return 2: Liquidity Mining Fee Rate**
Participate in trading pairs as an LP, and the transaction fees are returned to you. The better the liquidity of the token, the more stable the fee income.

**Return 3: Ecosystem Incentives**
Platforms often airdrop rewards to early participants. This is an extra layer that risk-tolerant users can harvest.

When these three layers of returns stack up, they have a clear advantage over simply holding coins. The key is to choose the right entry timing and risk tolerance—don't follow the trend blindly.