{"id":20680,"date":"2026-01-27T03:29:55","date_gmt":"2026-01-27T03:29:55","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitwise-enters-defi-with-first-on-chain-vault-on-morpho\/"},"modified":"2026-01-27T03:30:19","modified_gmt":"2026-01-27T03:30:19","slug":"bitwise-enters-defi-with-first-on-chain-vault-on-morpho","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitwise-enters-defi-with-first-on-chain-vault-on-morpho\/","title":{"rendered":"Bitwise enters DeFi with first on-chain vault on Morpho"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">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.<\/p>\n<div id=\"cn-block-summary-block_e5ad01bb2318b3087c127e33f36114f1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitwise has launched its first on-chain vault as a curator on Morpho, marking its entry into non-custodial DeFi strategies.<\/li>\n<li>The vault targets around 6% APY through overcollateralized stablecoin lending with active risk management.<\/li>\n<li>The move reflects growing institutional interest in transparent, on-chain yield products.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>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. <\/p>\n<p>Users keep control of their funds, while Bitwise manages how capital is deployed across lending markets.<\/p>\n<h2 class=\"wp-block-heading\">A non-custodial approach to on-chain yield<\/h2>\n<p>The initial <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/bitwiseinvest\/status\/2015866766472126718?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\" rel=\"nofollow\">vault<\/a> 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.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Finance is moving onchain. Vaults are a key part of that, offering investors a transparent way to earn digital yield on their assets.<\/p>\n<p>Today, we\u2019re excited to announce that Bitwise is launching non-custodial vault strategies as a curator on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Morpho?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Morpho<\/a>. <\/p>\n<p>The quick details:<\/p>\n<p>-\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/pUz9Upk4lV\">pic.twitter.com\/pUz9Upk4lV<\/a><\/p>\n<p>\u2014 Bitwise (@BitwiseInvest) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitwiseInvest\/status\/2015866766472126718?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 26, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>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.<\/p>\n<p>Strategy design and ongoing risk oversight are handled by Jonathan Man, CFA, who leads Bitwise\u2019s 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.<\/p>\n<h2 class=\"wp-block-heading\">Bitwise expands beyond ETFs into DeFi infrastructure<\/h2>\n<p>The Morpho vault marks Bitwise\u2019s first direct move into non-custodial decentralized finance strategies. Until now, the firm has been best known for exchange-traded products and research for traditional investors. This launch shows a shift toward building on-chain tools rather than only offering exposure through regulated wrappers.<\/p>\n<p>Morpho has emerged as a popular platform for this type of setup, allowing professional managers to design lending strategies while relying on standardized smart contracts. Bitwise said it views on-chain vaults as a growing part of the market and plans to explore additional strategies over time.<\/p>\n<p>The firm has not shared timelines for expansion or performance data yet, but framed the launch as an early step in a longer on-chain roadmap. As more capital moves toward blockchain-based finance, Bitwise\u2019s entry suggests that asset managers are starting to treat DeFi as core infrastructure, not a side experiment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20680"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20680\/revisions"}],"predecessor-version":[{"id":20681,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20680\/revisions\/20681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4232"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}