Kraken has launched DeFi Earn directly within its mobile app, offering users up to 8% APY on their crypto holdings.
Key features:
- Managed onchain vaults designed to generate returns on idle balances
- No seed phrases or complex setup required
- Powered by partnerships with Veda Labs, Sentora, and Chaos Labs
- Audited vaults accessible through Kraken's existing app interface
The service aims to simplify DeFi participation by removing technical barriers while keeping assets within Kraken's platform. Users can start earning returns without navigating external protocols or managing separate wallets.
DeFi Earn is now live in the Kraken app. Earn up to 8% APY on your money through managed onchain vaults — designed to make idle balances work harder. 👉 app.kraken.com/JDNW/defiearn_…
We’re making DeFi rewards simple. Meet DeFi Earn, powered by @Veda_labs, @SentoraHQ and @ChaosLabs. Earn up to 8% APY on your assets all within the Kraken app experience you already know & trust. No complicated setup. No technical steps. Just start earning ⤵️
DeFi Earn is now live in the Kraken app. Earn up to 8% APY through audited onchain vaults — no seed phrases or setup required. Put your money to work, all on Kraken. Dive in 👉 kraken.com/defi-earn kraken.com/en-ca/defi-earn
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