Ethena 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.

TLDR by @Benthic

More coverage

More on Yield

Metaplanet set to acquire licensed securities firm Siiibo for $13M to build bitcoin-linked yield products under Metaplanet Securities brand

Metaplanet set to acquire licensed securities firm Siiibo for $13M to build bitcoin-linked yield products under Metaplanet Securities brand

The Block ·

MYX launches V2 with permissionless perp markets for any onchain asset and IL-free vault yield

MYX launches V2 with permissionless perp markets for any onchain asset and IL-free vault yield

𝕏/@MYX_Finance ·

Frax launches frxUSD ReserveLink on Aave, routing reserve yield back to lenders

Frax launches frxUSD ReserveLink on Aave, routing reserve yield back to lenders

𝕏/@fraxfinance ·

Coinbase and Cardless launch USDC-secured credit card with $49.99 fee and yield on collateral

Coinbase and Cardless launch USDC-secured credit card with $49.99 fee and yield on collateral

Coindesk ·

Hyperliquid secures up to $160 million annual yield from Coinbase on $6.2 billion USDC

Hyperliquid secures up to $160 million annual yield from Coinbase on $6.2 billion USDC

𝕏/@coinbase ·

House panel takes up crypto tax reform while Senate Clarity Act talks continue, with seven proposal drafts, Illinois tax backlash, and yield/deFi fights still unresolved.

House panel takes up crypto tax reform while Senate Clarity Act talks continue, with seven proposal drafts, Illinois tax backlash, and yield/deFi fights still unresolved.

Cryptoinamerica ·

Explore the full feed

Comments

Up nextNew research proposes a falsification test for tokens, claiming assets, blockspace, performance bonds, and capital allocators are crypto's only valid categories