[Kraken launches DeFi Earn product in the US, Canada, and Europe, offering up to 8% annualized returns] According to CryptoBriefing, cryptocurrency exchange Kraken has launched its DeFi Earn product in the United States, Canada, and Europe, providing users with up to 8% annualized returns. This product allows users to directly earn on-chain yields within the app without the need to manually set up wallets or perform complex DeFi operations. The yields are derived from borrowing demand on established DeFi protocols such as Aave, Morpho, Tydro, and Sky Ecosystem. Strategy execution is managed by Veda Labs, while Chaos Labs and Sentora provide risk management and monitoring. Users can choose from balanced, high-yield, or advanced vaults, and once funds are deposited, returns are automatically generated. Kraken emphasizes that the yields come from real on-chain activities rather than token incentives or subsidies. Withdrawals are typically processed instantly, though temporary delays may occur during periods of tight vault liquidity.