On July 31, Uniswap announced that its yield product Earn is now live on the Uniswap web app and wallet, allowing users to deposit USDC, USDT, and ETH to earn yields without leaving Uniswap. The product initially supports Ethereum mainnet, with funds allocated to on-chain lending markets where interest paid by borrowers is continuously converted into user yields. Earn uses a self-custody model: users only need a single signature to complete deposits, and funds are controlled by users from deposit to withdrawal, with no lock-up or cooling-off period, allowing exit at any time. Its underlying vault infrastructure is provided by Morpho, with management by Gauntlet. Users can access supported asset pages in the Uniswap web app or wallet, or find Earn via the Explore page, select the deposit amount and confirm. If they do not hold assets supported by the vault, they can swap or purchase with fiat first. Uniswap does not charge fees for Earn, but users still need to pay standard network fees.
All Comments