Uniswap Launches Earn Yield Feature for USDC, USDT, and ETH

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Uniswap has launched its Earn yield product for USDC, USDT, and ETH, available directly on its web app and wallet. The ETH update allows users to deposit assets and earn interest without leaving the platform. Initially live on the Ethereum mainnet, funds are directed to on-chain lending markets. Earn features self-custody, no lock-up periods, and is powered by Morpho’s vaults and Gauntlet. Users can access it via asset pages or the Explore section. Uniswap charges no fees, but network costs apply. This ETH update represents a new step in DeFi integration.

BlockBeats news: 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 the Ethereum mainnet, with funds allocated to on-chain lending markets, where interest paid by borrowers is continuously converted into user earnings.


Earn operates in a self-custody model, allowing users to complete deposits with a single signature. Users maintain full control over their funds from deposit to withdrawal, with no lock-up or cooling-off periods—exit anytime. The underlying vault infrastructure is provided by Morpho, with risk management handled by Gauntlet.


Users can access supported assets through the Uniswap web app or wallet, or find Earn via the Explore page, select an amount to deposit, and confirm. If users do not hold assets supported by the vault, they can first swap or purchase using fiat. Uniswap does not charge any fees for using Earn, but users are still responsible for standard network fees.

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