Bitwise launches non-custodial Morpho vaults targeting up to 6% overcollateralised DeFi yield

On 26 January, Bitwise introduced non-custodial yield strategies on Morpho, marking its first role as a curator of DeFi lending vaults. The vaults seek annualised returns of up to 6% from overcollateralised onchain lending while leaving asset custody with users. The launch is positioned as a controlled test of institutional demand for professionally managed, transparent DeFi yield products.