Uniswap Labs has introduced Earn, a lending feature in the Uniswap Web App and Wallet that lets users deposit USDC, USDT and ETH into Morpho vaults on Ethereum mainnet curated by Gauntlet. Uniswap said it does not charge its own fee for the product, although standard network costs still apply. The company said deposits are allocated across onchain lending markets, where borrowers pay interest for access to funds and that yield is passed back to depositors on a continuous basis. The product uses three vaults identified by Gauntlet as USDC Prime, USDT Prime and WETH Prime. Gauntlet said the vaults operate under its Prime risk mandate, which focuses on overcollateralized lending against blue-chip collateral, with market allocation, exposure limits and risk settings managed by the firm's proprietary risk engine. Because rates depend on borrower demand, returns can fluctuate, and the risk sits with the underlying lending markets and the curator's allocation choices rather than with Uniswap itself. Uniswap said deposits require one signature, remain self-custodial and have no lockup or cooldown period. The feature is embedded directly into Uniswap's trading flow instead of being separated into a standalone product. When users swap into USDC, USDT or wETH, they can choose to supply the proceeds into Earn immediately. The mobile wallet also includes a dedicated Earn entry point, with vault pages displaying APY (annual percentage yield), exposure and curator details alongside portfolio balances. The rollout moves the largest decentralized exchange interface into lending distribution, an area typically dominated by dedicated lending protocols, and could channel deposits into Morpho through a front end that already attracts significant swap activity. Similar distribution-led yield offerings have appeared elsewhere, including Ledger Live's DeFi yield routes for stablecoins and Fireblocks' stablecoin yield product for institutional clients built on Aave and Morpho.