CIR animation

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Figure Markets
PayPal

PayPal

PayPal is one of the first major U.S. fintech companies to launch its own regulated stablecoin, PYUSD, issued by Paxos and fully backed by U.S. dollar...

Liquid

Liquid

Liquid is a non-custodial trading and yield platform launched in 2025. While best known for its high-leverage trading, it also offers a Vault product ...

VS

General

Platform
PayPal logo
Liquid logo
Founded
PayPal 1998
Liquid 2025
Headquarters
PayPal San Jose, CA
Liquid Delaware, US
Availability
PayPal Worldwide
Liquid Worldwide excluding US and Ontario

Fees & Financial

Bonus
PayPal $10 bonus
Liquid 10% discount on fees with referral code: CIR
Token
PayPal PYUSD
Liquid
Compounding
PayPal No
Liquid No
Payouts
PayPal
Liquid
Fees
PayPal
Liquid
Lockup
PayPal None
Liquid 4 day minimum
Maker Fee
PayPal
Liquid 0.07
Taker Fee
PayPal
Liquid 0.045

Cryptocurrency Rates

BTC Rate
PayPal
Liquid
BTC Max
PayPal
Liquid
ETH Rate
PayPal
Liquid
ETH Max
PayPal
Liquid
Stablecoin Rate
PayPal 4%
Liquid

Unique Pros

  • Integrated with existing PayPal account
  • Mainstream-friendly onboarding

Key Cons

  • PYUSD only
  • Lower rates than dedicated crypto platforms

Unique Pros

  • Non-custodial with automated vault strategies
  • Targets 10%+ APY on USDC

Key Cons

  • New platform launched 2025
  • Yield targets not guaranteed