The post Bitwise launches first on-chain vault on Morpho appeared on BitcoinEthereumNews.com.

Bitwise has launched its first on-chain vault, opening a new way for investors to earn yield directly on the blockchain through the Morpho protocol. Summary Bitwise has launched its first on-chain vault as a curator on Morpho, marking its entry into non-custodial DeFi strategies. The vault targets around 6% APY through overcollateralized stablecoin lending with active risk management. The move reflects growing institutional interest in transparent, on-chain yield products. The firm confirmed the launch on Jan. 26, describing the product as a non-custodial vault strategy curated by Bitwise but fully executed on-chain. Users keep control of their funds, while Bitwise manages how capital is deployed across lending markets. A non-custodial approach to on-chain yield The initial vault is focused on stablecoins, beginning with USD Coin (USDC), and is built around overcollateralized lending pools on Morpho (MORPHO). Bitwise said the strategy currently targets returns of up to 6% annually, depending on market conditions. Finance is moving onchain. Vaults are a key part of that, offering investors a transparent way to earn digital yield on their assets. Today, we’re excited to announce that Bitwise is launching non-custodial vault strategies as a curator on @Morpho. The quick details: -… pic.twitter.com/pUz9Upk4lV — Bitwise (@BitwiseInvest) January 26, 2026 Funds deposited into the vault are allocated to lending markets where borrowers post excess collateral, reducing counterparty risk. All positions remain visible on-chain, and there is no requirement to transfer custody to Bitwise or any centralized platform. Strategy design and ongoing risk oversight are handled by Jonathan Man, CFA, who leads Bitwise’s multi-strategy solutions group. The firm noted that the vault draws on its broader research, trading, and risk infrastructure, which has been developed over several years of managing crypto investment products. Bitwise expands beyond ETFs into DeFi infrastructure The Morpho vault marks Bitwise’s first direct move…

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Filed under: News - @ January 27, 2026 3:33 am