Uniswap Labs, a decentralized trading platform, has launched Uniswap Earn, a new feature in the Uniswap app powered by Morpho.
Morpho is an open credit network that connects lenders and borrowers in on-chain credit markets.
The company says that many traders keep their digital assets unused in their accounts. Uniswap Earn helps users earn rewards on these unused assets until they are ready to make their next trade.
Users can put their digital assets into Morpho Vaults directly through the Uniswap app. There are three Morpho Vaults, managed by Gauntlet, that are built into the app.
When users deposit their assets into these vaults, the assets are lent to borrowers through Morpho's lending markets. The interest paid by the borrowers becomes the reward earned by the users.
Users do not have to lock their funds. They keep full control of their assets and can withdraw them at any time.
According to Coherent Market Insights, the Cryptocurrency Market is projected to grow at a CAGR of 6.1% during 2026 to 2033. Currently, the market is at USD 51.85 Billion in 2026 and is expected to be around USD 78.48 Billion by 2033. The cryptocurrency market has been witnessing strong growth over the past few years. With rising adoption of cryptocurrency among both individual and institutional investors, the market is expected to grow multi-fold in the coming years. Various factors like global pandemic, geopolitical tensions, inflation, etc. have accelerated the growth of cryptocurrency as an alternative asset and store of value.
Anthony Beshay, Staff Product Manager at Uniswap, said, "Uniswap was built to give people open, direct access to on-chain markets, and Earn is a natural next step. It gives users a simple way to put their assets to work without needing to manage concentrated liquidity positions."
“Morpho's permissionless credit markets mean users can earn yield on their assets with the same simplicity, transparency, and control they already expect from Uniswap.”
Paul Frambot, co-founder and CEO of Morpho, adds: “Uniswap is one of the most recognised names in crypto, and we're proud to power Earn for their users.
“Every integration like this strengthens Morpho's open network for the next one: when an app like Uniswap brings its users to Morpho, deposits grow, and markets get deeper, which makes Morpho a stronger option for the next wallet, exchange, or fintech that wants to build on it.”
Source:
News Release: Uniswap Labs
Company: Uniswap Labs
