Uniswap Launches Earn Feature for Yield on USDC, USDT, and ETH

Uniswap (UNI) has launched its new 'Earn' feature, enabling users to earn yield on their USDC, USDT, and ETH holdings directly within the Uniswap Web App or Wallet.

The feature is powered by Morpho's decentralized lending infrastructure, which allows users to lend their assets into on-chain lending markets where borrowers pay interest that accrues back to depositors.

Earn supports USDC, USDT, and ETH on the Ethereum mainnet at launch, with no Uniswap-specific fees, although standard Ethereum network costs still apply.

The integration of Earn builds on Uniswap's collaboration with Morpho, a modular DeFi lending protocol that has rapidly scaled since its founding in 2021. This synergy is part of a growing trend in DeFi, where liquidity protocols like Uniswap are being integrated with lending markets to enable seamless asset flows.

The launch highlights Uniswap's continued evolution from a decentralized exchange into a comprehensive DeFi suite, with Morpho expanding its credit markets and Uniswap strengthening its infrastructure through v4 upgrades. This integration opens up new strategies for traders and DeFi users to optimize yield while maintaining liquidity.