Ethena launches the SteakhouseFi High Yield Vault on Coinbase, bringing USDe synthetic dollar savings with 11.2% average APY to over 100 million users.
Ethena launched a USDe-backed yield vault with Coinbase via Morpho, now live globally in the main app. The product signals Coinbase's expansion beyond blue-chip lending into diversified collateral, positioning synthetic assets as retail yield infrastructure.
Ethena’s first product with Coinbase is now live, bringing a USDe powered high yield vault to Coinbase users.
The first product in the Ethena ✦ Coinbase collaboration is now live.
The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by USDe on @Morpho.
Coinbase's user base now has access to a best in class savings rate through the vault, live in the… pic.twitter.com/xYG7gGW8mJ
— Ethena (@ethena) June 11, 2026
Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier - "The Defiant"
Ethena (ENA) lands Janus Henderson investment in token, USDe distribution
Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal - "The Defiant"
Ethena Scores $480B TradFi Partner as Janus Henderson Commits to USDe
Coinbase (NASDAQ:COIN) Ventures invested in Ethena by purchasing ENA
Coinbase Ventures has purchased ENA on the open market as Coinbase and Ethena prepare to launch new onchain finance and savings…
Coinbase Ventures bought ENA as Coinbase expanded its Ethena partnership across custody, wallets, perps, and USDe access.
Coinbase launches Prime and High Yield USDC lending vaults on Morpho, curated by Steakhouse Financial. Prime uses BTC/ETH…
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens as the protocol is set to roll out a Coinbase integration…
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
