Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

Coinbase launches two USDC lending vaults on Morpho, offering different risk level options

MarsBitNews
robot
Abstract generation in progress
Mars Finance News, Coinbase announced on Wednesday the launch of two on-chain USDC lending vaults on Morpho, curated by Steakhouse Financial to offer users lending options with different risk levels. The Prime vault employs a conservative strategy, using blue-chip cryptocurrencies such as BTC and ETH as collateral, with yields around 3.5% to 4%. The High Yield vault accepts a broader basket of collateral, including assets issued by Ethena, with the curated vault supporting Ethena's debt-backed stablecoin USDtb, offering an annualized yield of approximately 8.79%. Morpho provides non-custodial lending infrastructure, with Steakhouse Financial managing about $2.03 billion in Morpho vault TVL, leading the second place by roughly $1 billion. Coinbase's collaboration with Ethena predates this vault launch, as Coinbase Ventures purchased ENA tokens on the open market in June as part of a broader distribution agreement.
MORPHO-3.71%
PRIME-0.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap