What is OneKey Earn?

Why OneKey Earn, and Why Now?

As a company that has weathered both bull and bear markets, OneKey has grown alongside crypto enthusiasts and builders through every cycle. Over the years, we’ve seen countless “Next-generation” narratives: DeFi, GameFi, NFTs, SocialFi, AI x Crypto…  

One trend after another, one bubble on top of another. But very few narratives have proven to be resilient over time — showing real user demand and sustainable growth.  

If we asked you, “What’s the most validated use case in crypto today — something mature, proven, and actually useful?”

Many would answer without hesitation: DeFi.  

But what if we asked a follow-up, “After all you’ve seen, would you fully trust a DeFi protocol to manage your money?”

It’s no longer such an easy yes.

At the same time, more traditional financial institutions are entering the crypto space, and many retail users are moving beyond speculation toward more rational, long-term strategies. DeFi is no longer just a playground for tech-savvy users — it’s becoming a real tool for generating sustainable on-chain yield.  

As crypto and tradfi increasingly align, we’re launching OneKey Earn — a step toward making on-chain yield safer, simpler, and more accessible for everyone.  

Earn is the trend — but still far from good enough

As on-chain user profiles become more diverse, Earn is emerging as one of the most promising pathways for mainstream adoption. Products that simplify complex yield strategies are growing rapidly. But despite this momentum, we believe several core issues remain unsolved:  

• Poor user experience

While Earn is meant to lower participation barriers, many existing products still suffer from friction in actual use. Common issues include complicated workflows, excessive signing process, fragmented interfaces, and opaque asset flows — all of which directly discourage non-technical users from engaging.

• Hard to find high-quality yield

There is no shortage of strategies in the market, but the variety and complexity can be overwhelming. With hundreds of protocols and asset pools available, users often lack the clear, accessible information needed to make informed judgments about expected returns and associated risks.  

• Lack of transparent risk assessment

Many DeFi Earn products lack transparency when it comes to the risks underlying their strategies.Critical factors such as where assets are routed, how protocols are structured, oracle dependencies, audit status, and permission settings are often hidden or inaccessible. Without clear, visualized risk information, users default to focusing on yield while passively ignoring risk — a dangerous dynamic.  

How OneKey Earn works?

OneKey Earn is OneKey’s native yield product — a gateway to on-chain earning that makes it easy for users of all experience levels to access leading DeFi protocols and earn high-quality returns.  

Rather than offering a single, fixed strategy, OneKey Earn serves as a unified yield hub that aggregates and manages multiple strategies under one roof. Users don’t need to navigate third-party platforms or interfaces — once they’re familiar with the OneKey App, they can participate in strategies through a simple, guided flow without ever leaving the app. Below are some of the key design principles behind OneKey Earn:  

• Natively integrated, frictionless by design

We noticed that hardware wallet users often overlap with active DeFi participants. That’s why OneKey Earn is built directly into the OneKey App, working seamlessly with OneKey’s account system, asset management, and security modules.

And for users who don’t use a hardware wallet? No problem — anyone can download the app and connect their existing wallet to start earning on-chain yield.  

• Curated strategies, sourced from leading protocols

At the core of OneKey Earn is a commitment to delivering only the most reliable and valuable sources of yield.  

Currently, we integrate native staking services for major Layer 1 assets — allowing users to passively earn staking rewards on idle tokens. We also support a range of active strategies built on top-tier lending protocols like Morpho, leveraging its Vault infrastructure for optimized, yield-enhanced lending.  

• Built-in security layer for risk mitigation

While integrating top on-chain yield sources, we’ve also partnered with specialized third-party security providers to add another layer of protection for user funds on Morpho.  

In DeFi, “there’s no such thing as absolute safety” is a well-known truth. We take this seriously — and in addition to rigorous internal protocol selection, we’ve built in external risk controls to assess strategy-level risks, monitor edge-case scenarios, and strengthen overall asset protection.  

OneKey Earn: Milestones So Far

In less than a year since launch, OneKey Earn has grown rapidly and delivered solid results:  

• Over $60 million in total assets under management (AUM);
• Support for 6 major native staking assets across leading Layer 1s and integration of 6 active yield strategies powered by Morpho;
• Long-term strategic partnerships established with top-tier third-party service providers including Everstake, Hakutora and Ethena.

We are still early

From a market size perspective, institutional-grade DeFi yield management is still in its early stages. According to data from DeFiLlama, the “Risk Curator” track — a core vertical within DeFi yield — has grown nearly 100x in less than a year, reaching $5.7 billion in market size.

However, it still accounts for less than 10% of the total value locked (TVL) across the entire DeFi ecosystem.

What does this mean?   

It means that the infrastructure for distributing high-quality yield is still underdeveloped — and that the trust bridge between users and strategies is still missing.

And this, we believe, is exactly where OneKey Earn creates value.

We’re already seeing early signs of this shift in the evolution of yield types. Stablecoins like USDe, which are backed by delta-neutral strategies, represent a new class of products that combine crypto-native mechanisms with traditional market logic — and they’ve quickly gained traction in the market.

It’s becoming clear that more professional institutions, risk models, and hedging frameworks are making their way on-chain — accelerating the industry’s transition from pure speculation toward high-quality asset management.  

At OneKey, we don’t chase the “next generation” slogan.

We focus on building what’s next-level for now.  

OneKey Earn is built on this principle — a dependable yield gate that connects protocols, curates resilient strategies, and abstracts away complexity for the user.