Kraken's Bitcoin Vault lets BTC holders earn up to 2.5% APY in BTC-denominated rewards via DeFi lending on the Ink network.

The new earn product lets users generate BTC-denominated rewards through DeFi strategies while keeping exposure to bitcoin’s price.

Kraken launches Bitcoin Vault offering 2.0% APY through onchain lending on the Ink network, expanding its DeFi Earn product line for BTC holders.