Is Earn insured or guaranteed?
in Earn•Help Article
No. Funds in Earn are not FDIC, NCUA, or SIPC insured, and are not guaranteed by VaultLeap, Privy, Steakhouse Financial, Morpho, or any banking partner. Like any DeFi product, Earn carries real risks:
Smart contract risk — the vault and protocol contracts could contain vulnerabilities
Liquidity risk — withdrawals may be delayed when vault liquidity is tight
Stablecoin risk — USDC itself carries issuer and depeg risk
Loss risk — in adverse scenarios you could get back less than you deposited
Only deposit funds you can afford to leave exposed to these risks.