Back
Morph partners with Gauntlet and Morpho on Bitget yield strategies

Morph partners with Gauntlet and Morpho on Bitget yield strategies

Bitget and Bitget Wallet users can access BTC- and USDC-backed onchain yield products on Morph, with target annual yields of up to 3% on Bitcoin and about 18% on USDC.

BTC
USDC
LINK

Fact Check
The claim is confirmed by the official Morph Network announcement and Gauntlet's own resource page, plus independent news corroboration from FF News and BlockchainReporter. All partnership details (Morph, Gauntlet, Morpho, Bitget, Bitget Wallet) and the specific target yields (up to ~3% on BTC, ~18% on USDC) match across sources.
Summary

Morph said it has partnered with Morpho, Gauntlet, Bitget, Bitget Wallet, Chainlink and RedStone to offer institutional-style onchain yield products to more than 125 million users through Bitget Earn and Bitget Wallet. The initial rollout includes a Bitcoin vault targeting up to 3% annual yield and a USDC vault targeting nearly 18% annual yield, using Morpho for decentralized lending and Gauntlet for strategy management. The offering is designed to give mainstream users simpler access to DeFi yield without manually navigating protocols, vaults or bridges, while leaving open questions about how durable the quoted yield levels will be over time.

Terms & Concepts
  • APY: Annual percentage yield, including compounding returns.
  • Proof of Reserve: A system used to verify that digital assets backing a product or service are actually held in reserve.
  • CCIP: Chainlink's Cross-Chain Interoperability Protocol, designed to enable communication between different blockchains.