Bitwise Launches Non-Custodial Yield Vaults on Morpho Targeting 6% APY
Bitwise Asset Management unveiled its first onchain vault strategy on Morpho, targeting 6% APY for stablecoin investors. The MOVE signals institutional appetite for structured DeFi yield products amid growing onchain finance adoption.
The vaults employ overcollateralized lending pools, combining Morpho's decentralized infrastructure with Bitwise's risk management. Future strategies may expand beyond stablecoins as the firm positions itself as a curator of institutional-grade DeFi products.
Yield vaults represent the next evolution of crypto asset management—transparent, programmable, and non-custodial. Bitwise's entry validates DeFi's maturation from experimental protocols to professional investment vehicles.