$50 Million in USDC Deposited on Earnin Protocol in Record Time

In just about two weeks, an impressive milestone was reached in the world of decentralized finance (DeFi). The Earnin protocol on KuCoin crossed a significant threshold with over $50 million in USDC deposits. This remarkable feat has been achieved by an impressive 230 depositors.

These individuals have taken advantage of the high-yield opportunity offered by Earnin, earning a notable 6.87% Annual Percentage Yield (APY). The collaboration between Pendle, Wintermute_t, and Morpho has played a crucial role in this achievement.