Morpho will power Robinhood Crypto's new Earn yield product on its L2 network.
DeFi & Yields ·
Morpho will supply the infrastructure for a new Earn yield product that Robinhood Crypto is launching on its Layer 2 network. The partnership integrates Morpho's lending protocol into Robinhood's platform, enabling users to generate yield on supported assets within the L2 ecosystem. Terms regarding which assets will be eligible, yield rates, or launch timing were not disclosed in available announcements.
The arrangement represents an expansion of Morpho's reach into retail-focused platforms; Robinhood Crypto operates a consumer-facing trading and investment interface. By anchoring the Earn feature to Morpho's liquidity pools, Robinhood can offer yield without building its own lending infrastructure from scratch.
Key details remain unspecified: the exact mechanics of how users will access the product, whether Robinhood will apply fees or take a cut of yields, and whether the integration will be exclusive to Morpho or layered atop competing protocols. The scope of assets supported and any minimum deposit requirements also have not been announced.