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 return strategies, which includes protocols such as Aave, Morpho, Lido and Compound, across Ethereum, Base, Arbitrum, Optimism, Solana and Polygon.
The partnership is accompanied by a series of return-oriented steps by Privy. The company recently launched an Earn feature that allows developers to connect app balances to managed DeFi vaults via API calls, powered by the Morpho vault infrastructure with risk strategies from Steakhouse Financial and Gauntlet.
These moves indicate Privy’s strategy to position embedded wallets not only as onboarding tools, but also as revenue-generating infrastructure for app developers. Earlier this month, the Sky Frontier Foundation announced that developers building on Privy can now integrate access to sUSDS, Sky’s yield-bearing stablecoin.
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