The Stripe-owned wallet infrastructure provider has integrated Deframe’s DeFi aggregation API, the latest in a string of yield-focused moves.
Privy, the embedded wallet infrastructure provider acquired by Stripe last year, has integrated Deframe, a DeFi aggregation API built by the team behind Pods Finance, to enable developers to offer yield strategies directly within their applications.
The integration gives apps access to Deframe’s suite of yield strategies, spanning protocols such as Aave, Morpho, Lido, and Compound, across Ethereum, Base, Arbitrum, Optimism, Solana, and Polygon.
The partnership comes alongside a flurry of yield-focused moves from Privy. The company recently launched an Earn feature that lets developers connect app balances to curated DeFi vaults through API calls, powered by Morpho vault infrastructure with risk strategies from Steakhouse Financial and Gauntlet.
The moves signal Privy’s strategy to position embedded wallets not just as onboarding tools but as revenue-generating infrastructure for app developers. Earlier this month, Sky Frontier Foundation announced that developers building on Privy can now integrate access to sUSDS, Sky’s yield-bearing stablecoin.
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Source: https://thedefiant.io/news/defi/privy-taps-deframe-by-pods-to-unlock-defi-yield-strategies