Coinbase's Lend Service Leverages Morpho with Variable Rates and Cautionary Warnings

Coinbase has announced that its Lend service operates through Morpho, a third-party DeFi protocol. The company emphasizes that rates and available annual percentage yields (APY) are variable and can change.

Additionally, Coinbase cautions that lending involves risks, including the possibility of losing assets. No further details were provided regarding eligibility, terms, or the specific scope of the service.