Uniswap embeds Morpho-powered yield feature directly into its app
DeFi & Yields ·
Uniswap Labs has launched "Earn," a self-custodial yield product built on Morpho vaults that lets users park idle USDC, USDT, and ETH for interest without leaving the Uniswap Web App or Wallet.
The feature lets users deploy those three assets into on-chain lending markets to capture continuous interest, according to an announcement. The vault infrastructure sits on Morpho and is curated by Gauntlet, which the announcement describes as providing a professionalized risk framework for retail capital. That curation layer is the mechanism by which Uniswap can offer yield without taking custody of user funds itself: the lending markets and risk parameters are handled by Morpho's infrastructure and Gauntlet's oversight, while users interact only through the familiar Uniswap interface.
The launch was also detailed by The Block, which confirmed the product goes live with Gauntlet-curated vaults on Morpho, offering non-custodial yield on the same three assets directly inside the Uniswap interface. The framing across coverage is consistent: Earn is positioned as a lending product co-built with Morpho, designed to let idle assets generate returns without requiring users to move funds to a separate app or protocol.
Eight distinct sources have covered the rollout, with descriptions converging on the same core details: a self-custodial yield integration, Morpho as the underlying infrastructure, Gauntlet as curator, and USDC, USDT, and ETH as the supported assets. The repetition across sources suggests the launch is being treated as a notable integration point between a major decentralized exchange front end and Morpho's lending architecture, rather than a standalone or experimental feature.
What remains unspecified in the available material is the yield rate users can expect, any fee structure Uniswap or Morpho may apply, deposit or withdrawal limits, and whether the feature will expand to additional assets beyond the initial three. Also unaddressed is how Gauntlet's curation process is structured — for instance, what risk parameters or rebalancing triggers govern the vaults — and whether the integration is live for all Uniswap users at launch or being rolled out in phases. Further reporting will likely clarify adoption figures and any early performance data once the feature has been live for a longer stretch.