Robinhood Earn is now open to all eligible users, per RobinhoodApp.

It lets users lend USDG onchain through a self-custody wallet in the Robinhood app for an estimated 7% APY, with rewards accruing in real time, per Robinhood Earn.

Deposits go to a Steakhouse-curated Morpho vault on Robinhood Chain, where rewards top up base lending interest, per The Defiant.

The 7% figure is an estimate and not guaranteed.

There are no lock-ups or fees and users can request withdrawal at any time, but withdrawals depend on vault liquidity.

Robinhood cites insurance underwritten by Lloyd's of London & RELM that may help cover cyber or smart-contract exploit losses, subject to limits and exclusions.

CoinMarketCap describes the rollout as for all eligible US users.