A recent survey by OKX reveals that over 65% of active US crypto traders have utilized on-chain tools to earn yield on stablecoins, with more than a quarter doing so regularly. The survey, which included 1,000 respondents, highlights that providing liquidity to stablecoin pools is the most popular strategy, attracting nearly 40% of interest. Staking on centralized platforms follows closely, with just over 36% of respondents participating, while lending through DeFi protocols appeals to about 20% of users.
Despite the growing trend of earning yield on stablecoins, traders express a strong preference for self-management, with 89% wanting to manage their trading activities themselves. However, security risks and scams remain significant barriers, cited by 29% of respondents, alongside concerns about making irreversible mistakes and managing multiple wallets. The survey also indicates that 90% of traders favor a model combining centralized exchange infrastructure with on-chain execution, especially with clearer regulatory frameworks, suggesting a demand for safer and more controlled trading environments.
Majority of US Crypto Traders Earn Yield on Stablecoins, Survey Reveals
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