Bitwise partners with Morpho to roll out non-custodial onchain vaults targeting 6% APY

Digital asset manager Bitwise has announced on X that it is partnering with DeFi lending protocol Morpho to launch non-custodial onchain vaults designed to generate yield. The first Bitwise-managed vault aims for a 6% annual percentage yield by allocating capital into over-collateralized lending pools, with additional multi-strategy products planned on Morpho.