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Uniswap launches \'Earn\' with Morpho, expands beyond trading

Uniswap, the largest decentralised exchange by trading volume, is expanding beyond its trading-focused business by launching \'Earn\' with Morpho, the second-largest decentralised lending protocol. The product lets users deposit USDC, USDT and ether into three Morpho vaults curated by Gauntlet, which are then lent to borrowers through Morpho’s lending market. Borrower interest becomes depositor yield, and Uniswap says users keep ownership and can withdraw anytime.