Uniswap launches Earn with Morpho lending vaults

Uniswap has launched Earn, a self-custodial lending product that allows users to deposit USDC, USDT, and ETH into Morpho vaults without leaving its app. Summary Earn is live on the Ethereum mainnet through the Uniswap Web App and Wallet. Deposits enter Morpho lending vaults curated by Gauntlet, where borrower interest generates user yield. Uniswap charges no additional Earn fee, although users must pay Ethereum network costs. UNI traded near $4.30, down about 2.8% over 24 hours but up 12% for the week. Uniswap Earn supports USDC, USDT and ETH Earn is available through the Uniswap Web App and Wallet, extending the platform beyond token swaps and liquidity provision into onchain lending. Users can select a supported asset, choose an amount and authorize the deposit with one signature. Deposits then earn interest paid by borrowers across lending markets selected by the underlying vault. USDC, USDT and ETH are supported at launch, with all three vaults operating on Ethereum mainnet. Users can withdraw at any time because the product has no mandatory lockup or cooldown period, according to Uniswap’s launch announcement. Uniswap does not charge a separate fee for using Earn. However, dep...