Kraken Earn:
The Future of Crypto Savings
Founded in 2011, Kraken is one of the largest and most trusted crypto exchanges globally, serving over 15 million users.
Known for its consumer-grade usability and institutional-grade compliance, Kraken was the first crypto company to obtain a bank charter.
To expand its product suite and accelerate the growth of its ecosystem, Kraken launched DeFi Earn, powered by Veda’s vault infrastructure.
“For vaults we’ve been partnering with Veda. What they offer that’s so beautiful here is that their vaults go cross-chain and cross-protocol. So you’re not just stuck on Ethereum mainnet or on one single L2. You’re actually getting the best of yields.”
John Zettler
Director of Product, Kraken
The CHALLENGE
Kraken wanted to offer customers onchain yield in a simple way that ensures:
Flexibility
Kraken can change supported chains, deposit assets, protocols, and yield strategies anytime.
Transparency
See where funds are being deployed. View current APY, fees, and other key details.
Ease-of-use
Users opt in with just a few clicks, putting deposits to work with auto-compounding.
The Solution
Meet Kraken DeFi Earn, powered by Veda
Veda provides Kraken with the infrastructure to power Earn.
Users deposit USDC from Kraken and choose from three Earn profiles.
Funds are routed through a Veda vault, whose curator allocates capital across DeFi.
Future-proof, by design
New blockchains, strategies, and assets can be added or removed over time, ensuring Kraken DeFi Earn remains a competitive and lasting solution.
The IMPACT
The best way to Earn
By integrating Veda, Kraken created a stablecoin Earn product that is category-leading and strategically aligned with the launch of Ink.
Users gain a product that is simple and transparent, backed by infrastructure that has already secured over $6 billion.
With DeFi Earn, Kraken strengthens its position as the best place to trade crypto.
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