Log in

Save 23% ($351) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 44s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Coinbase launches DeFi Yield product in 70 countries
News

Coinbase launches DeFi Yield product in 70 countries

Updated: Jul 25, 2024
Published: Dec 10, 2021
0
Share:

Crypto exchange Coinbase has announced that customers in over 70 countries can now earn yield with DeFi.

Post Feature Image

Compound Finance will be used to generate yields

Cryptocurrency exchange Coinbase says it is opening up decentralized finance (DeFi) to customers who want a share of the high returns from lending and borrowing crypto assets, starting with DAI, a stablecoin pegged to the US dollar. Although Coinbase offers its services in 70 countries, including Germany, Spain, and the United Kingdom, DeFi returns are not yet available to customers in the United States.

Customers' DAI is deposited with Compound Finance, which Coinbase describes as an "industry-leading" DeFi protocol. In October, Compound offered a variable annual percentage yield (APY) for providing DAI, ranging from 2.83% to 5.39%. Coinbase explained that the higher rates reflect the unique access to global liquidity and the increased risk associated with DeFi.

Why U.S. customers will not get access to new DeFi services

There is a good explanation for Coinbase not launching the product in the United States. In September, Coinbase CEO Brian Armstrong vented his anger on Twitter when SEC threatened to sue the exchange if it launched its yield-earning product called Lend. Armstrong tweeted that the SEC said Coinbase's Lend was a security. Gary Gensler, the chairman of SEC, repeatedly raised a red flag throughout the year, saying the DeFi industry and the crypto world need more robust consumer protection laws.

At this week's hearing before Congress, Coinbase Chief Financial Officer Alesia Haas said, "We still do not have clarity on why our product wasn't allowed to proceed." That means Coinbase needs to have clarity before deciding whether it can continue to offer its yield product in the US. Rather than wait for an answer, Coinbase decided to expand its DeFi offering in regions that have yet to restrict or regulate such activity.

Continue reading by joining Cryptonary Pro

Save 23%

$1,548 $1,197/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund. Terms

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Terms
Recommended from Cryptonary
Market Update: Macro Risks Signal Further Downside
PRO
Market Updates
Market Update: Macro Risks Signal F...Earlier in the week, we had a lot of questions about whether we still see the $50k-$60k level being ...
11 min read
Mar 27, 2026
“The Everything Exchange” and Its Unprecedented Equity Bet
PRO
Research Report
“The Everything Exchange” and Its U...Another free money drop! We covered how to qualify for this airdrop in our previous report. This pie...
18 min read
Mar 25, 2026
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
A Breakdown of (Micro)Strategy’s Latest Financial Instrument
Research Report
A Breakdown of (Micro)Strategy’s La...Strategy has built the most aggressive corporate Bitcoin treasury in history, holding 762,099 BTC wo...
17 min read
Apr 1, 2026
BTC, ETH and More: Short-Term Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Short-Term Upsid...Markets are pausing at key levels, and the next move is starting to take shape. After completing the...
13 min read
Mar 31, 2026
Market Update: Fed in a Bind & Bitcoin at a Breaking Point
PRO
Market Updates
Market Update: Fed in a Bind & Bitc...Markets are turning fragile as escalating Middle East tensions drive a clear risk-off shift, tighten...
8 min read
Mar 30, 2026
Market Update: Macro Risks Signal Further Downside
PRO
Market Updates
Market Update: Macro Risks Signal F...Earlier in the week, we had a lot of questions about whether we still see the $50k-$60k level being ...
11 min read
Mar 27, 2026
“The Everything Exchange” and Its Unprecedented Equity Bet
PRO
Research Report
“The Everything Exchange” and Its U...Another free money drop! We covered how to qualify for this airdrop in our previous report. This pie...
18 min read
Mar 25, 2026
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
A Breakdown of (Micro)Strategy’s Latest Financial Instrument
Research Report
A Breakdown of (Micro)Strategy’s La...Strategy has built the most aggressive corporate Bitcoin treasury in history, holding 762,099 BTC wo...
17 min read
Apr 1, 2026
BTC, ETH and More: Short-Term Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Short-Term Upsid...Markets are pausing at key levels, and the next move is starting to take shape. After completing the...
13 min read
Mar 31, 2026
Market Update: Fed in a Bind & Bitcoin at a Breaking Point
PRO
Market Updates
Market Update: Fed in a Bind & Bitc...Markets are turning fragile as escalating Middle East tensions drive a clear risk-off shift, tighten...
8 min read
Mar 30, 2026
Market Update: Macro Risks Signal Further Downside
PRO
Market Updates
Market Update: Macro Risks Signal F...Earlier in the week, we had a lot of questions about whether we still see the $50k-$60k level being ...
11 min read
Mar 27, 2026
“The Everything Exchange” and Its Unprecedented Equity Bet
PRO
Research Report
“The Everything Exchange” and Its U...Another free money drop! We covered how to qualify for this airdrop in our previous report. This pie...
18 min read
Mar 25, 2026
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.