Earn.com
Earn.com was acquired by Coinbase in 2018 and now operates as Coinbase Earn, a yield product letting users stake crypto, earn USDC rewards, and lend USDC via Morpho on Base. It serves retail, institutional, and developer customers through Coinbase's platform.
- Company typePublic
- Founded2012
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Earn.com does
Earn.com was founded in 2013 as a platform where users could earn money for replying to emails and completing tasks. In 2018, Coinbase acquired the company and integrated its earn-style rewards model into what is now marketed as Coinbase Earn, a unified yield product inside the Coinbase app and website. As operated today, Coinbase Earn lets users stake seven proof-of-stake assets (ETH, SOL, ADA, AVAX, DOT, ATOM, XTZ), earn up to 3.50% APY on USDC balances (boosted by a Coinbase One membership), and lend USDC for up to 10.3% APY through Morpho on Coinbase's Base L2 network with Steakhouse Financial. Liquidity for staked ETH is provided via cbETH and an Instant Unstaking feature that charges a 1% fee to bypass native unstaking windows.
The economic stack is threefold: Coinbase takes a commission on protocol staking rewards before quoting the customer rate; it earns the spread between borrower and lender rates in the Morpho-powered USDC lending pool; and it collects Coinbase One subscription fees plus interchange on the Coinbase Credit Card's up to 4% Bitcoin rewards. Distribution is self-serve and product-led, with no sales involvement for retail users, and complementary institutional and developer channels through Coinbase Prime and the Coinbase Developer Platform. Customer rewards paid through the Earn funnel totaled over $450M in 2024, with no customer-reported losses from staking on Coinbase.
A material distinction matters for any investor reading the firmographic header alone: the entity "Earn.com" no longer operates as a standalone private company. It is a product line inside Coinbase Global, Inc. (NASDAQ: COIN), a Delaware-incorporated US public company founded in 2012. The remaining independent references in the input (11–50 employees, 2013 founding, private status) are inconsistent with the detailed product, ownership, and operational data and should not be relied on for valuation or revenue inference.
Earn.com firmographics
Firmographics- Name
- Earn.com
- Legal name
- Coinbase Global, Inc.
- Website
- https://earn.com
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Earn.com was acquired by Coinbase in 2018 and now operates as Coinbase Earn, a yield product letting users stake crypto, earn USDC rewards, and lend USDC via Morpho on Base. It serves retail, institutional, and developer customers through Coinbase's platform.
- Ownership category
- akta.pro rank
Earn.com industry classification
Industry- Product category
- Crypto Staking and Earning Platform
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Staking & Earn Programs (Exchange-Operated) (FSADAAAH)
Keywords
Where Earn.com is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Earn.com business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Staking Commission: Coinbase takes a commission on all staking rewards received from blockchains. The rewards rate stated is a projection based on rewards received over the past 90 days. Return rate for customers reflects this commission deduction.
- Lending Interest Spread: Earning from the spread between what borrowers pay and what lenders earn through the Morpho-powered USDC lending platform.
- USDC Rewards: Earning rewards on USDC holdings, with higher rates for Coinbase One members. Coinbase One membership provides enhanced rates and zero trading fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Staking rewards with variable APY |
| Subscription | Monthly | USDC Rewards with Coinbase One boost |
| Usage-based | Pay-as-you-go | USDC Lending through Morpho |
| Usage-based | Monthly | Credit Card Bitcoin rewards |
| Subscription | Annual | Coinbase One membership |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Earn.com product offering
Product offeringCore offering
Earn.com, acquired by Coinbase in 2018, now operates as Coinbase Earn—a crypto rewards platform where users earn yield through staking proof-of-stake assets, holding USDC for rewards, and lending USDC via Morpho on Base. The platform supports 7 stakable assets with APY up to 13%, USDC lending up to 10.3% APY, and 3.50% APY USDC rewards through Coinbase One membership.
Product overview
Coinbase Earn is a unified rewards platform offering multiple ways to earn on crypto holdings: staking (up to 13% APY across 7 proof-of-stake assets), USDC rewards (3.50% APY), and lending (up to 10.3% APY). These products are accessible through Coinbase accounts, with Coinbase One membership providing enhanced rewards and fee-free trading. The platform integrates Morpho for lending infrastructure on Base blockchain, and offers cbETH for staked ETH liquidity. The source data refers to Coinbase Earn (Coinbase.com/earn), not Earn.com specifically.
Differentiator
Problem solved
Functional benefit
Brands
- Coinbase Earn: Crypto rewards platform allowing users to earn rewards by staking, lending USDC, and participating in yield strategies.
- Coinbase One
- Base
- cbETH
- Coinbase Prime
- Coinbase Wealth
- Coinbase Business
- Coinbase Developer Platform
Products and services
- Coinbase Earn Staking Staking rewards program allowing users to earn rewards by participating in proof-of-stake blockchain verification. Supports 7 assets (ETH, SOL, ADA, AVAX, DOT, ATOM, XTZ) with variable APY up to 13% (Cosmos ATOM). Assets never leave user accounts during staking.
- USDC Rewards
Quantifiable outcome
- $450M+ rewards earned by customers in 2024
- +1 more outcomes
Companies that use Earn.com
Customer profileSegments3 records
Ideal customer profiles3 records
Earn.com technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Earn.com partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and supporting.
- MorphocoreMorpho is the lending protocol powering Coinbase's USDC lending feature. Enables competitive APY rates up to 10.3% on USDC with no lockups. Operates on Base network, providing onchain yield generation.
- Steakhouse FinancialsupportingSteakhouse Financial is a partner in the Morpho-powered lending infrastructure on Base network, contributing to the yield generation for USDC lending products.
- CirclecoreCircle is the issuer of USDC stablecoin. Coinbase Earn offers USDC rewards (up to 3.50% APY with Coinbase One) and USDC lending. USDC has over $60 billion in issuance.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Earn.com competitors and assessment
Company assessmentDirect peers
- Binance Earn: Binance Earn provides staking, lending, and yield products to one of the largest crypto user bases globally. Direct competitor in exchange-operated earn programs across staking and stablecoin rewards.
- Anchorage Digital: Anchorage provides institutional-grade crypto custody and staking services, overlapping with Coinbase Prime's institutional staking offering that backs part of the Earn product suite.
- Nexo: Nexo offers crypto lending and earn products, including interest on stablecoins (USDC/USDT) and staking-style yield. Comparable product menu to Coinbase Earn's lending and rewards offerings.
- Crypto.com Earn: Crypto.com Earn offers staking and lending products with tiered APYs and CRO-token-based reward boosts, structurally similar to Coinbase Earn's staking and Coinbase One membership model.
- Lido Finance: Lido is the largest liquid staking protocol, issuing stETH against staked ETH — directly comparable to cbETH. Both compete for staking flows and solve the staked-asset liquidity problem.
- Gemini Earn: Gemini operates an exchange-based earn program (currently subject to program changes post-2023 issues) that historically competed head-to-head with Coinbase Earn for US-based retail staking/earning customers.
- Kraken (Staking): Kraken offers exchange-operated staking across multiple proof-of-stake assets with comparable APYs to Coinbase Earn. Both serve retail and institutional crypto holders seeking yield through a regulated exchange interface.
Emerging players
- BlockFi: BlockFi historically operated a crypto interest/earn account product directly comparable to Coinbase Earn's USDC rewards and lending, illustrating both the market opportunity and execution risk in exchange-operated earn programs.
- Rocket Pool: Decentralized liquid staking protocol issuing rETH. A direct alternative to cbETH for Ethereum staking with onchain liquidity, competing for the same user demand for staked-ETH exposure.
Broad incumbents
- Coinbase (Parent): Coinbase Global is the parent entity that acquired Earn.com in 2018. Coinbase Earn operates as a product line within Coinbase's broader exchange, custody, and developer platform business.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Earn.com social profiles
Digital presenceEarn.com financial estimates
Financial estimateRevenue estimate
Valuation estimate
Earn.com leadership team
Management profileNumber of profiles
Earn.com funding detail
Funding detailFunding overview
Funding rounds2 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Earn.com M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Earn.com
What does Earn.com do?
Earn.com, acquired by Coinbase in 2018, now operates as Coinbase Earn—a crypto rewards platform where users earn yield through staking proof-of-stake assets, holding USDC for rewards, and lending USDC via Morpho on Base. The platform supports 7 stakable assets with APY up to 13%, USDC lending up to 10.3% APY, and 3.50% APY USDC rewards through Coinbase One membership.
Is Earn.com a public or private company?
Earn.com is a public company. It is classified as corporate owned and is currently operating.
When was Earn.com founded?
Earn.com was founded in 2012. It employs 11 to 50 people.
Where is Earn.com based?
Earn.com is headquartered in San Francisco, United States, in the North America region.
How does Earn.com make money?
Three revenue lines are on record. Staking Commission is the primary driver. The others are lending Interest Spread and USDC Rewards.
Who are Earn.com's main competitors?
Direct peers on record are Binance Earn, Anchorage Digital, Nexo, Crypto.com Earn, Lido Finance, Gemini Earn and Kraken (Staking). Emerging players are BlockFi and Rocket Pool. Coinbase (Parent) is listed as a broad incumbent.
Does Earn.com have an API?
No public API is recorded for Earn.com.
What industry is Earn.com in?
Earn.com's product category is Crypto Staking and Earning Platform. Its primary akta.pro industry code is FSADAAAH, Staking & Earn Programs (Exchange-Operated). Its NAICS code is 52321 and its SIC code is 6200.