Coinbase launches Ethena-backed SteakhouseFi USDe yield vault on Morpho
𝕏/@ethena •
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Promote with Leviathan NewsEthena says the first product from its Coinbase collaboration is live: the SteakhouseFi High Yield Vault, powered by USDe on Morpho. The vault gives Coinbase app users in the U.S. and abroad access to onchain savings yield through a Coinbase-distributed product instead of routing directly through DeFi.
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More coverage
- Coinbase expands DeFi lending with Ethena-powered USDC vault (crypto.news)
- Steakhouse Ethena USDtb vault - Morpho (app.morpho.org)
- Ethena launches High Yield Vault on Coinbase powered by USDe (x.com)
- Coinbase Adds Two USDC Lending Vaults on Morpho, With a ... (thedefiant.io)
- Ethena's August 2025 Governance Update - General (gov.ethenafoundation.com)
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