The rewards of DeFi.
The ease of Kraken.

Put your assets to work and earn DeFi rewards without the complexity.

Up to

APY

DeFi Earn is not a regulated financial product. APY is variable and not guaranteed. There is a risk of loss. Withdrawal timing may vary based on protocol liquidity.

What is DeFi Earn

Earn competitive rewards

DeFi Earn lets you earn competitive rewards through a simple experience. You deposit, the system handles the onchain details, and rewards accrue automatically.

Effortless control

You can view your balance, track rewards, and withdraw almost instantly, all without managing seed phrases or signing transactions manually.

Transparent and professional

See the current rate before you deposit. Each vault is administered by Veda and operated by professional risk teams (Chaos Labs and Sentora) overseeing allocation, risk, and liquidity across Aave, Morpho, Tydro, and others.

How it works

No seed phrases. No signatures. The embedded wallet
handles the onchain activity for you.

Opt-in and get started - Go to the “Earn” tab and select USDC

Select your preferred strategy – Choose what fits your situation best.

Earn rewards from onchain borrowers – Your USDC is deposited into a Veda vault on the Ink network. The vault, managed by a Risk Manager (Chaos Labs or Sentora), supplies liquidity to lending protocols like Aave and others.

Grow your rewards over time – Borrowers pay interest, increasing the vault’s value and your returns.

Withdraw almost instantly – Get instant access when liquidity is available. If liquidity is tight there can be delays.

Why Kraken Pro?

defi_earn_pro][7c9806dba427][field_table_label_column_header	Kraken	Coinbase DeFi Lend Coinbase DeFi Lend	Bank / Fintech Bank / Fintech
Yield (APY)	Yield (APY) Up to 9.87% As of today	3.86% As of Jan 26, 2026	0.5 – 3.8 % As of Jan 26, 2026
Vault audits	Vault audits Independent	Partial
Withdrawals	Withdrawals Flexible	Flexible	Instant
No seed phrase needed	No seed phrase needed
Available in	Available in United States, Canada, Europe	US only	Where available
Get started	Get started

FAQs

What is DeFi Earn, and how does it work?

DeFi Earn lets you earn variable onchain rewards on your assets through automated smart-contract vaults. After you choose a vault, your assets are routed onchain to interact with decentralized lending protocols. Borrowers pay to access liquidity, and those payments are reflected as rewards over time.

Where do the rewards come from?

Rewards are driven by borrower demand in decentralized lending protocols. Vaults supply liquidity to third-party protocols, and payments made by borrowers flow back to users as rewards (net of applicable fees).

What should I be aware of when using DeFi Earn?

DeFi Earn operates on public blockchains, so outcomes can vary based on market conditions and network activity. Things to be aware of include:

Rewards change as borrowing demand changes
Withdrawal timing may vary during periods of high activity
Onchain systems can behave differently than traditional financial products

Why can rewards reach 9.87% APY?

Rewards reflect market demand for borrowing across decentralized lending protocols. When demand is strong, rewards may increase; when demand softens, rewards adjust downward. APY is variable and not guaranteed, and can change at any time.

Do I need crypto expertise to use DeFi Earn?

No. You deposit cash or stablecoins, and the onchain steps are executed automatically. No seed phrases or bridging needed.

What fees are involved?

There’s a 25 percent fee on rewards only (not on the principal).

Can I withdraw my funds anytime?

Yes withdrawals are typically instant. If vault liquidity is tight, there will be temporary delays.

Where is DeFi Earn available at launch?

USA (minus NY and ME)
Canada
European Economic Area
More regions to follow

How is DeFi Earn different from staking or other Kraken products?

Staking is a security mechanism for blockchain protocols which pays out rewards based on what said protocol offers via inflation. DeFi Earn lends assets through protocols to borrowers so rewards are based on market activity.

What happens to my funds during market volatility?

Rewards may change, and withdrawals could slow if liquidity drops.