Savings
What Savings is
Savings is the part of Every where your dollars (USDC) earn interest every day. There are no fixed terms: put money in and take it out whenever you like. We do not pay the interest: it comes from secured lending, and it changes every day.
Where to find it
Section titled “Where to find it”- Neobank bar: the Savings tab.
- Either bar: the Savings button on Home, which opens the pots to add or take out money without changing tabs.
You choose between the two bars in Settings: see Neobank and Exchange.
The tab opens with Your savings, the total across your pots, with the interest under it. Then come three round buttons, Add, Take out and Risks, plus More with Move money. Further down, Your pots: one row per pot with what you hold in it.
The How it works pill explains where the interest comes from, and Risks lists them. Both are there before you put anything in.
The two pots
Section titled “The two pots”There are two pots today. Each is named after the place where the money is lent, because that is what decides where the interest comes from and what can go wrong.
| Morpho | Hyperliquid | |
|---|---|---|
| What it is | Morpho’s USDC vault: Gauntlet USDC Prime | Hyperliquid’s USDC vault: its lending market |
| Who borrows | People who post blue-chip collateral in the markets the curator picks | People who post HYPE or BTC as collateral |
| Who runs it | Gauntlet, who takes a fee out of the interest | Hyperliquid, which keeps 10% of the interest as a buffer |
| Where it lives | On Arbitrum or on Base; the pot’s page says which | Inside Hyperliquid, no bridge |
| Taking it out | In under a minute; money coming out on Base can cost a network hop when you spend it | Instant, except what is lent out at that moment |
| Every’s fee | 0.2% in and out | 0.2% in and out |
Both lend USDC. The difference is who borrows it and where the money sits. With Morpho, your money stays in your wallet as shares of the vault. With Hyperliquid, it stays in your Hyperliquid account, lent inside the venue itself.
The Morpho pot puts new money into whichever vault pays best at the time, between Arbitrum and Base. It does not switch networks over a small difference: only when the better rate pays for the hop within a year.
The Hyperliquid pot opens once your Hyperliquid account is ready, which happens with your first purchase in Invest. Until then, the add screen tells you so.
Where the interest comes from
Section titled “Where the interest comes from”Your money is lent to people who put up something worth more than they borrow, and the interest they pay is yours, less the curator’s or the venue’s share. The more is borrowed, the higher the interest; when less is borrowed, it falls. That is why it changes every day. How it is calculated is in Yield and risks.
How your money shows up
Section titled “How your money shows up”- The total. Your savings adds up every pot, interest included: a pot’s balance grows on its own, and there is nothing to claim.
- The rate in the header. With money in Savings you see “X% on average”: the average of your pots, weighted by what you hold in each. With nothing in it you see “Up to X% a year”: the better of the two, as an offer.
- Each pot’s page. Tap a row in Your pots. You see what you hold, at what rate, and In a year, at this rate: what a year would add if the rate did not change. It is a projection, not a promise. Below, under Details, the Morpho page lists the vault, the curator, the network, the vault’s size and the curator fee; both pages give the rate, how long taking it out takes, and the fee.
The app does not show the interest earned so far as a separate figure: what you see in each pot already includes it.
Money in retired vaults
Section titled “Money in retired vaults”If you put money into Savings before 18 October 2026, part of it may sit in a vault that no longer takes new money. The Morpho page shows it under In retired vaults, vault by vault, with what you hold in each and its risk. It is still yours, still earning, and it comes out with Take out like the rest of the pot. Whatever you put back in goes into today’s vault.
On the web
Section titled “On the web”The web shows only the Morpho pot, with the same money you see on your phone: it is the same account. It adds from the USDC you hold on Arbitrum. To take out what sits on Base it brings it over with a network hop, and tells you the cost before you confirm. The Hyperliquid pot is phone-only for now. More in The web app.
- Adding and taking out money, screen by screen.
- Yield and risks.
- Fees.