Ibahagi ang artikulong ito

Coinbase Offers Access to DeFi Yields With DAI and Compound

More assets and other DeFi protocols will follow, Coinbase said in a blog post.

Na-update May 11, 2023, 5:52 p.m. Nailathala Dis 9, 2021, 5:02 p.m. Isinalin ng AI
LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)
LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)

Cryptocurrency exchange giant Coinbase says its opening up decentralized finance (DeFi) to customers who want a slice of high yields earned from lending and borrowing crypto assets, starting with DAI, a stablecoin pegged to the U.S. dollar.

Coinbase customers’ DAI is then deposited with DeFi lending platform Compound.

STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter

At first blush, the world of DeFi is the opposite of centralized exchanges like Coinbase. Accessing DeFi protocols, however, can mean paying expensive network fees and involve a somewhat complex user experience, Coinbase said in a blog post released Thursday.

“Today we’re introducing a new way for Coinbase’s global customers to put their crypto to work and earn yield. We are making DeFi more accessible, enabling eligible customers in more than 70 countries to access the attractive yields of DeFi lending on their Dai with no fees, lockups, or set-up hassle,” the Coinbase blog says.

In October, Compound returned a variable annual percentage yield (APY) rates for supplying DAI that fluctuated between 2.83% and 5.39%, Coinbase added in the blog post.

“These higher rates reflect both the unique access to global liquidity and increased risk that can come with DeFi. Though Coinbase monitors these protocols regularly, we cannot guarantee against potential losses,” the blog states.

Coinbase said a wider variety of assets and a greater number of DeFi protocols would follow.

Higit pang Para sa Iyo

Protocol Research: GoPlus Security

GP Basic Image

Ano ang dapat malaman:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Higit pang Para sa Iyo

JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana

JPMorgan building (Shutterstock)

Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.

Ano ang dapat malaman:

  • J.P. Morgan arranged Galaxy Digital’s commercial paper issuance on the Solana blockchain, one of the first of its kind in the U.S.
  • Coinbase and Franklin Templeton bought the short-term debt instrument, settled in USDC
  • Tokenization of real-world assets is gaining traction, with projections suggesting the market could reach $18.9 trillion by 2033.