Robinhood began as a commission-free trading app and has evolved into a major player in fintech. Crypto now represents a significant portion of the platform’s products and offerings.

Robinhood Crypto Earn

Robinhood Earn is an onchain lending product that allows users to earn yield on USDG directly within the Robinhood app. The product currently offers an estimated 7% APY, with rewards accruing continuously.

Unlike traditional crypto savings products, Robinhood Earn uses a self-custody wallet and lends funds through Morpho, a leading decentralized lending protocol. Users maintain control of their assets while Robinhood provides a simplified interface for accessing onchain yield.

Highlights

• Estimated yield of up to 7% APY
• Earn on USDG stablecoins
• Self-custody wallet integrated into the Robinhood app
• Lending powered by the Morpho protocol
• No lock-up period, though withdrawals depend on available vault liquidity
• Robinhood does not charge fees for the Earn product

Robinhood also provides insurance for certain covered cyber and smart contract exploit losses through policies underwritten by Lloyd’s of London and RELM. Coverage is subject to policy limits and exclusions and should not be confused with FDIC or SIPC insurance.

Robinhood Staking

In addition to Earn, Robinhood supports staking for select proof-of-stake assets, including Ethereum (ETH) and Solana (SOL) where available. Staking rewards are generated through blockchain validation, while Robinhood Earn generates yield through onchain lending.

Robinhood Chain

Robinhood is expanding beyond brokerage services with Robinhood Chain, its Layer 2 blockchain built on the Arbitrum technology stack.

The network is designed to support tokenized real-world assets, onchain trading, lending, payments, and other financial applications while offering lower fees and faster transactions than Ethereum mainnet. Robinhood has positioned the chain as the foundation for bringing traditional financial assets fully onchain.

For crypto investors, Robinhood Chain signals the company’s long-term commitment to decentralized finance and tokenized markets. Combined with Robinhood Earn, staking, and self-custody wallets, Robinhood is evolving into a full-service onchain financial platform rather than simply a place to buy and sell cryptocurrency.