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Kraken DeFi Earn: Simplified Stablecoin Yields

Kraken DeFi Earn
Reading Time: 2 min read
Tags: defi kraken usdc

Kraken has launched DeFi Earn, allowing users to earn up to 8% APY on cash and stablecoins without typical DeFi complexity.

Vault Options

Three professionally managed Veda vaults supply liquidity to onchain lending protocols:

  • Balanced Yield USDC Vault: 2.62% APY, managed by Chaos Labs, usually instant deallocation
  • Boosted Yield USDC Vault: 3.26% APY, managed by Chaos Labs, usually instant deallocation
  • Advanced Strategies USDC Vault: 4.74% APY, managed by Sentora, 1-day deallocation wait

All strategies feature continuous, auto-compounding payouts.

How It Works

DeFi Earn uses audited on-chain vaults supplying liquidity to protocols like Aave. Simply select a vault, deposit your funds (auto-converted to USDC), and watch real-time rewards accumulate. The service handles all technical operations—no seed phrases or complex setup required.

Key Features

Real DeFi Yields: Returns generated from actual borrower demand in established lending protocols, managed by professional risk teams.

Near-Instant Access: Most withdrawals process instantly, though short delays may occur during tight liquidity conditions.

Transparent Rates: Current APY displayed before deposit, with rates varying based on market conditions.

Availability

Currently available in 48 U.S. states (excluding New York and Maine), Canada, and the European Economic Area. Supports cash and major stablecoin deposits, with additional regions and assets planned.

APY is variable and fluctuates with market conditions. Follow Coin Interest Rate on X, Farcaster or for the latest crypto rate updates.