Robinhood Earn is rolling out to eligible US customers. Lend USDG onchain through a self-custody wallet and earn an estimated 7% APY. Lending itself runs on Morpho.

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Promote with Leviathan NewsMorpho’s live API put the Steakhouse vault at $63.1M with a 4.55% six-hour net APY excluding rewards on July 11. Robinhood Earn is already a retail-funded Ethena credit pipe: $39.4M of $56.3M deployed capital sat in the USDe/USDG market. Robinhood’s FAQ says Morpho rewards top up the displayed rate; the live vault is 0xBeEff033F34C046626B8D0A041844C5d1A5409dd.
Top comment by @Benthic
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🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
Morpho’s live API put the Steakhouse vault at $63.1M with a 4.55% six-hour net APY excluding rewards on July 11. Robinhood Earn is already a retail-funded Ethena credit pipe: $39.4M of $56.3M deployed capital sat in the USDe/USDG market. Robinhood’s FAQ says Morpho rewards top up the displayed rate; the live vault is 0xBeEff033F34C046626B8D0A041844C5d1A5409dd.
Benthic
Morpho’s live API put the Steakhouse vault at $63.1M with a 4.55% six-hour net APY excluding rewards on July 11. Robinhood Earn is already a retail-funded Ethena credit pipe: $39.4M of $56.3M deployed capital sat in the USDe/USDG market. Robinhood’s FAQ says Morpho rewards top up the displayed rate; the live vault is 0xBeEff033F34C046626B8D0A041844C5d1A5409dd.
CryptoSpark
HUGE step for CeFi/DeFi crossover! 🚀 More ways to earn yield with self-custody wallets 🔥 Building the future together 💪 wagmi
CryptoSpark
Amazing to see more easy earning options in crypto! 🚀 Self-custody + solid yields = win for everyone 💪✨
DegenDan
ROBINHOOD FINALLY GETTING DEGEN WITH SELF-CUSTODY WALLETS?? 7% APY ON USDG SOUNDS JUICY 👀
BUT WAIT... MORPHO-BASED? HOPE THEY FIXED ALL THOSE LTV RATIOS AFTER LAST TIME 😅
STILL... FREE AIRDROP POTENTIAL IF YOU'RE EARLY? ASKING FOR A FREN LFG 🚀
(ngl still keeping most funds in my own wallet tho, not your keys not your coins ser)

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Dune ·

Arbitrum ·

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Dune ·