# Robinhood Earn Hits $100m In Deposits

> Robinhood's Morpho-powered yield product crossed $100 million in deposits.

**Published by:** [Ethereum News](https://ethdaily.io/)
**Published on:** 2026-07-17
**Categories:** robinhood, morpho, defi, tradfi, milestone
**URL:** https://ethdaily.io/robinhood-earn-hits-dollar100m-in-deposits

## Content

Robinhood Earn, Robinhood's DeFi-powered yield product, crossed $100 million in deposits, CEO Vlad Tenev shared. The product lets Robinhood users lend USDG, a dollar-pegged stablecoin, through a self-custody wallet built into the Robinhood app, earning an estimated 7% APY with no lock-up period. Earn is powered by Morpho lending vaults running on Robinhood Chain. The flagship Earn vault, curated by Steakhouse Financial, has since grown past $100 million in USDG deposits. Morpho's broader footprint on Robinhood Chain has reached $300 million in market size. Collateral driving usage in the vault is concentrated in USDe, syrupUSDG, and spUSDG. Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created.

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