Bitget Launches DeFi Yields Without the Complicated Backend
For many crypto users, high-yield DeFi strategies sound appealing but are often inaccessible due to complex backend steps.
A new integration between Bitget, Bitget Wallet, Morph, Gauntlet, and Morpho simplifies this process by automating the complicated steps and making high-yield DeFi accessible without requiring users to navigate decentralized applications.
The feature focuses on two main assets: USDC (stablecoins) and Bitcoin.
Users can deposit funds into curated yield vaults targeting up to ~18% APY for USDC, while holders of Bitget Wrapped Bitcoin (bgBTC) can earn around ~3% APY without selling their assets. Behind the scenes, risk management company Gauntlet builds data-driven vault strategies and lending network Morpho provides the underlying infrastructure.
This rollout reflects a wider trend across Web3: making complex crypto infrastructure invisible to the user by building it directly into standard apps.