Robinhood has launched an earnings product called Robinhood Earn powered by Morpho infrastructure and curated by Steakhouse Finance, according to an announcement from the brokerage.
The product allows users to deposit assets into yield-generating strategies selected and managed by Steakhouse. Morpho, a lending protocol, provides the underlying infrastructure. Robinhood did not disclose initial deposit figures for Earn specifically in its launch announcement.
Robinhood Earn is one of several products operating on Robinhood Chain, the brokerage's blockchain network launched in July 2026. The chain also supports stock tokens and futures trading. Robinhood Chain reached $100 million in total value locked across all products within a week of launch, according to separate reporting.
Steakhouse Finance, an on-chain asset management firm, curates the yield strategies available through Earn. The arrangement allows Robinhood to offer algorithmic portfolio management to retail users without building the capability in-house.
Morpho is a decentralized lending protocol that enables permissionless liquidity pools. The protocol has grown to billions in assets under management since its launch. Robinhood built Earn atop Morpho rather than developing proprietary lending infrastructure.
