We’re excited to announce the launch of DeFi Earn in the Crypto.com DeFi Wallet App! You can now grow your crypto assets on the Crypto.com DeFi Wallet App using our new decentralized finance offering, and earn passive income with a few simple steps.

To start, you can access the feature via the ‘Earn’ tab on app version 1.5.0 or above, and start earning interest instantly upon depositing tokens and receiving on-chain confirmation.

There is no minimum term, and you can withdraw your deposit with the accrued earnings at any time subject to the individual protocol terms & conditions

Crypto.com DeFi Wallet is a decentralized (non-custodial) wallet where you’re the one and only custody of your wallet and crypto assets. Crypto.com remains as a facilitator of the deposit & withdrawal process.

How does DeFi Earn work and how am I actually earning?

DeFi Earn demystifies decentralized finance and allows you to deposit your crypto assets to DeFi protocols through native in-app integration. You are able to choose among different protocols/pools to earn interest on your crypto assets. The default choice of the protocol/pool will have the highest APY at the time but you can always choose another one at your own will.

At this stage, our integration with the Compound Lending, Cosmos Staking, Yearn Earn V2, Crypto.org Chain Staking and Aave Lending V2 protocols and VVS Finance give you easy access to grow 27 crypto assets. We’re working hard to integrate more DeFi protocols to help you grow your digital assets easily.

DeFi Protocol

DeFi Earn Supporting Token

Type of Earning

Compound Lending

BAT

COMP

DAI

ETH

UNI

USDC

USDT

WBTC

ZRX

When you deposit assets to Compound, you act as a lender to supply loanable assets and receive a fixed amount of cTokens - interest-bearing tokens issued by Compound to represent your deposit + interest accrued.

Cosmos Staking

ATOM

When you deposit ATOM to a validator, you are staking and delegating your ATOM to the validator that earns ATOM rewards by validating transactions on the Cosmos Network.

Your reward balance will accrue every block after staking.

Yearn Earn V2

DAI

USDC

USDT

TUSD

SUSD

WBTC

When you deposit assets to Yearn Earn V2, you act as a lender to supply loanable assets and receive a fixed amount of yTokens - interest-bearing tokens issued by Yearn to represent your deposit + interest accrued.

Crypto.org Chain Staking

CRO

When you deposit CRO to a validator, you are staking and delegating your CRO to the validator that earns CRO rewards by validating transactions on the Crypto.org Chain.

Your reward balance will accrue every block after staking.

Aave Lending V2

BAT

DAI

ETH

UNI

USDC

USDT

WBTC

ZRX

LINK

SUSD

TUSD

YFI

GUSD

WETH

BUSD

REN

ENJ

KNC

MANA

MKR

SNX

AAVE

CRV

BAL

XSUSHI

When you deposit assets to Aave, you act as a lender to supply loanable assets and receive a fixed amount of aTokens - interest-bearing tokens issued by Aave to represent your deposit + interest accrued.

VVS Finance

VVS

When your tokens are deposited to the VVS Finance protocol via DeFi Earn, you are transferring them to the VVS Finance smart contract.

When you decide to withdraw your deposited assets, extra funds earned through VVS will be credited to your account.

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