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Crypto exchange 
Kraken has launched "DeFi Earn," an in-app vault that allows depositors to earn up to 8% APY on their USDC stablecoins through onchain lending markets.
What's the Scoop?
- Onchain Vaults: With DeFi Earn, Kraken users can receive up to 8% APY, accessible through their existing Kraken experience. The vaults are available in 48 U.S. states, Canada, and the European Economic Area. Depositors can select any of three different vaults, managed by Chaos Labs and Sentora.
- Managed Model: Chaos Labs and Sentora will act as fiduciaries on behalf on depositors, and will be responsible for overseeing asset allocations and risk management of user capital across crypto lending markets (including Aave, Morpho, and Kraken-associated Tydro).
- Vault Details: There is a 25% fee applied to all vault yield (not principle). While users are free to submit withdrawal requests at any time and withdrawals are typically instant, there may be delays if vault liquidity is inadequate.
- Potential Risks: While DeFi Earn helps crypto novices by abstracting away the onchain complexities associated with yield farming, managed vaults still carry risk. Depositors could face losses if an underlying lending market becomes insolvent, underscoring the need for thorough due diligence before depositing.
@krakenfx DeFi Earn is live.
— Dave Ripley (@DavidLRipley) January 26, 2026
It gives people an incredibly simple way to earn real onchain. No extra apps, no complicated setup.
The goal is to widen access to onchain finance, without asking users to become experts first.https://t.co/8Wd7zlYJSF
