Bitpanda offers millions of users noncustodial Earn products via its DeFi Wallet

Bitpanda is one of Europe’s leading regulated crypto exchanges, serving millions of users across the continent with a user-friendly platform for crypto, stocks, commodities and other investment assets. As the company expanded its product offerings onchain via the newly launched Bitpanda DeFi Wallet, they identified a significant opportunity to provide its user base with an Earn product that beats the 2% or lower savings rate available from European banks.

Bitpanda chose to build on Morpho to build faster, cheaper, and more transparent savings products that would seamlessly integrate into Bitpanda DeFi Wallet, while maintaining the dead simple user experience.

Bitpanda integrated Morpho’s infrastructure to launch Bitpanda Earn without building proprietary backend systems from scratch.

This allows Bitpanda to deploy sophisticated Earn products while maintaining total control over the user experience: Bitpanda can customize which Morpho Vaults to integrate, and curated by the asset curators of their preference while keeping the app experience cohesive to its design languages and user flows of Bitpanda DeFi Wallet.

Using Morpho’s unified backend, Bitpanda DeFi Wallet users could access deep liquidity immediately upon launch from across the Morpho ecosystem. Users get the most competitive interest rates onchain, and Bitpanda doesn’t have to originate any loans. Under the hood, Bitpanda users are generating interest from large-scale consumer DeFi integrations such as Coinbase Loans, with 800M+ USDC loans originated to-date.

By building with Morpho, every Earn position is verifiable onchain using either Base Scan or Ethscan. Users can track their assets in real time and understand exactly where their yield is coming from. This allows Bitpanda to build an Earn product that is trusted by openness.

The user experience remains extremely simple as DeFi Wallet users simply choose the assets that’d like to gain yield on, and are rewarded immediately. Under the hood, deposits flow from Bitpanda DeFi Wallets account into Morpho Vaults curated by Steakhouse Financials and Gauntlet, then allocated across numerous bluechip markets on Morpho.

To abstract away the blockchain experience, Bitpanda also used account abstraction to allow email sign in for every user. These account abstracted wallets then interact with Morpho without customers ever having to know it.

Bitpanda successfully launched both lending and borrowing products that deliver competitive rates to European customers through an intuitive interface they already trust, bringing DeFi benefits to mainstream users without complexities.

Since launching in Q2 2025, Bitpanda users now enjoy access to the best earning opportunities previously only available to DeFi power users.

This implementation represents one of Europe’s largest regulated fintech integrations of DeFi infrastructure to date, establishing a blueprint for compliant DeFi adoption across European financial services.

This is another example of a successful DeFi Mullet integration with an established Fintech in the front, and DeFi infrastructure in the back.