Earn on balances with Privy
Connect idle balances to curated DeFi vaults through Privy to expand revenue opportunities from wallet assets.
Henri Stern
|Mar 16, 2026
Today, Privy integrates DeFi vault access directly into its wallet infrastructure, making it easier for developers to connect application balances to onchain lending markets.
From trading platforms to fintech apps, modern applications increasingly hold real value, often in the form of stablecoin balances. In many cases, those assets sit idle.
Through DeFi vaults, onchain assets can be allocated into lending markets where borrowers pay interest to access liquidity. That interest accrues within the vault and increases the value of total deposits over time.
Privy now makes it easy to connect these vaults directly to their applications. Instead of managing smart contracts, vault interactions, and protocol-specific integrations, teams can interact with vault infrastructure through simple API calls, like deposit and withdraw.
With Privy:
Deposit assets into curated DeFi vaults
Withdraw liquidity when funds are needed
Query positions to display balances and accrued vault returns
Configure revenue sharing to expand revenue opportunities from vault integrations
Privy simplifies the underlying onchain execution so teams can focus on building their product rather than maintaining DeFi integrations.
Curated vault infrastructure by design
Privy unlocks access to DeFi through major providers like Morpho, Aave, and Kamino. Starting today, developers can access ERC-4626 vaults on the Morpho protocol, a leading non-custodial vault architecture for allocating capital into onchain lending markets.
“Morpho Vaults were built to be composable, transparent, and easily integrable with any application. Through them, we're excited to support Privy in bringing that infrastructure to an entirely new universe of developers, making it simple for any app to connect their users' balances to onchain lending markets and put idle capital to work at scale.” — Paul Frambot, CEO and Cofounder of Morpho
"As stablecoins become core infrastructure for modern financial applications, developers need seamless ways to connect application balances to open lending markets. We're excited to see Privy expanding access to DeFi vault infrastructure and look forward to supporting integrations with Aave." — Stani Kulechov, CEO of Aave Labs
Privy integrates with this vault infrastructure so developers can connect to lending markets without managing protocol-specific integrations themselves.
Vault strategies are curated by experienced risk managers, including Steakhouse Financial and Gauntlet, who help determine how capital is allocated across lending markets to balance risk and return.
“Most apps holding stablecoins are leaving yield on the table. Lending markets are the most battle-tested way to generate onchain returns. Transparent rates, real borrower demand, no magic. Privy makes that accessible without teams having to build DeFi infrastructure from scratch.” — Adrian Cachinero Vasiljevic, Co-Founder of Steakhouse Financial
“Privy expands onchain yield to a new universe of financial applications. Idle capital embedded in a smart wallet can now be productive, helping apps retain users and compound value over time. Gauntlet's experience managing DeFi risk since 2018, with $1.8 billion+ in capital across 150+ fintech and institutional integrations, means Privy's customers get the benefits of onchain yield without the operational complexity." — Matt Dobel, Vice President of Revenue, Gauntlet
Privy enables applications to configure revenue sharing. As vault returns accrue, a configurable portion can be captured as vault shares in a designated wallet, enabling apps to collect fees generated through their platform.
The Privy API, extended to tap into open finance
Privy lets you securely tap financial capabilities without building financial infrastructure from scratch.
We’re already working with a number of developers tapping this functionality, including:
Wallets managing onchain balances
Trading platforms allocating collateral
Marketplaces managing escrowed funds
AI agents deploying capital autonomously
Fintech apps building new savings experiences
Explore the documentation or reach out to sales@privy.io to learn more about Privy’s open financial rails for your app.
Privy does not control DeFi vaults or underlying protocols. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to engage in any specific transaction. Using vaults involves risk, including loss of funds. You are responsible for evaluating vaults at your own discretion. Privy does not provide investment, financial, legal, or tax advice.
