Uniswap Brings Lending to Its Platform with Earn Launch

Uniswap has introduced Earn, its self-custodial lending product that lets users deposit USDC, USDT, and ETH into Morpho vaults without leaving the Uniswap app.

Earn is accessible through the Uniswap Web App and Wallet, expanding the platform beyond token swaps and liquidity provision into on-chain lending. Users can select a supported asset, choose an amount, and authorize the deposit with one signature.

The deposited assets earn interest paid by borrowers across selected lending markets, and users can withdraw at any time without mandatory lockup or cooldown periods.

Uniswap does not charge a separate fee for using Earn, but standard Ethereum transaction costs remain in place, potentially making smaller positions less economical when network fees rise.

Morpho supplies the permissionless lending infrastructure behind Earn, while Gauntlet curates the vaults and determines how deposits are distributed across eligible markets.