The cryptocurrency landscape continues to evolve with innovative financial tools that empower users to earn passive income directly on-chain. In a significant move to enhance decentralized finance (DeFi) accessibility, OKX has officially launched its Compound v3 (Arbitrum) USDC Earn product. Starting July 3, 2024, users can now earn competitive yields on their USDC holdings through one of DeFi’s most trusted lending protocols—Compound v3—deployed on the high-performance Arbitrum network.
This integration marks a strategic step in bridging centralized exchange convenience with the transparency and yield potential of decentralized protocols. Designed for both newcomers and experienced crypto investors, the product offers a seamless gateway to real, chain-based returns without complex DeFi interactions.
Understanding Compound v3 and Its Role in DeFi
👉 Discover how decentralized finance platforms are reshaping passive income strategies.
Compound v3 is an EVM-compatible lending and borrowing protocol that enables users to supply assets and earn interest or use them as collateral to borrow other cryptocurrencies. As a major upgrade from previous versions, Compound v3 introduces optimized capital efficiency, improved risk management, and gas-efficient architecture—making it ideal for deployment on Layer 2 networks like Arbitrum.
By leveraging Arbitrum’s low transaction fees and fast finality, Compound v3 delivers a smoother user experience while maintaining Ethereum-level security. When users deposit USDC into the protocol via OKX’s Earn platform, they contribute liquidity and receive yield generated from borrowing activity within the ecosystem.
Unlike traditional financial systems, where intermediaries take a large cut, Compound distributes most of the interest directly back to suppliers—aligning incentives across participants in a trustless environment.
Key Benefits of the USDC Earn Product on Arbitrum
OKX’s new offering brings several advantages to users seeking reliable, transparent, and scalable yield opportunities:
- No Subscription Limits: Users can deposit any amount of USDC, making the product accessible to both small-scale savers and institutional participants.
- Simplified User Experience: The process is streamlined through OKX’s intuitive interface. There’s no need to navigate multiple DeFi platforms or manage private keys directly.
- Real On-Chain Yields: All earnings are generated from actual protocol activity—not synthetic or guaranteed returns—ensuring transparency and alignment with market dynamics.
Additionally, this product enables users to earn not just interest, but also valuable token incentives, enhancing overall return potential.
Earning Rewards: Interest, COMP, and ARB Tokens
The OKX Compound v3 (Arbitrum) USDC Earn product offers a multi-layered rewards structure designed to maximize user benefits:
1. Interest from USDC Deposits
Users earn variable interest based on real-time borrowing demand within the Compound protocol. Interest accrues continuously and is paid out upon redemption of principal. This ensures that returns reflect actual market conditions rather than fixed promises.
2. COMP Token Rewards
As a governance token for the Compound protocol, COMP is distributed to liquidity providers as an incentive for participation. On this product, COMP rewards are distributed every eight days directly to users’ funding accounts on OKX—providing regular, predictable income streams.
Holding COMP also grants voting rights in future protocol upgrades, giving users a voice in shaping DeFi’s evolution.
3. ARB Token Incentives (Starting July 15)
To further boost early participation, OKX will distribute 100,000 ARB tokens during the first phase of the campaign. These rewards will be allocated daily to eligible users who have subscribed to the product via OKX Web3 Wallet.
ARB is the native token of Arbitrum, used for governance and ecosystem development. Earning ARB not only increases yield but also provides exposure to one of the leading Layer 2 ecosystems.
👉 Start earning crypto rewards with low-risk, high-transparency financial tools today.
How to Subscribe: Step-by-Step Guide
Getting started with the Compound v3 (Arbitrum) USDC Earn product is simple and accessible across devices:
On Desktop Browser:
- Log in to your OKX account.
- Navigate to the “Grow” section.
- Click on “Earn”, then select “On-Chain Earn”.
- Search for USDC, choose Compound v3 (Arbitrum), and click “Subscribe”.
On the OKX Mobile App:
- Open the app and go to “Grow”.
- Tap “Earn”, then select “On-Chain Earn”.
- Search for COMP v3, then search for USDC.
- Select Compound v3 (Arbitrum) and confirm your subscription.
Once subscribed, your USDC begins earning interest immediately. COMP rewards are distributed every eight days, while ARB incentives start accruing daily from July 15.
Frequently Asked Questions (FAQ)
Q: Is there a minimum deposit requirement?
A: No, there are no minimum deposit limits. You can subscribe with any amount of USDC.
Q: When does interest start accruing?
A: Interest begins accumulating immediately after successful subscription and confirmation on-chain.
Q: How are COMP rewards calculated and distributed?
A: COMP rewards are based on your share of total liquidity supplied and are distributed every eight days to your OKX funding account.
Q: Are ARB rewards guaranteed for all users?
A: ARB rewards are part of a limited-time incentive program with a total pool of 100,000 ARB. Distribution is proportional to user participation and decreases as more people join.
Q: Can I withdraw my funds at any time?
A: Yes, you can redeem your principal at any time. Note that redemption may take effect after a short processing period due to on-chain settlement times.
Q: Does OKX control my assets on-chain?
A: While OKX facilitates access, your assets are deposited into the public Compound v3 smart contract on Arbitrum. However, OKX manages operational aspects like reward collection and distribution for ease of use.
Core Keywords for SEO Optimization
This article integrates the following high-intent keywords naturally throughout:
- Compound v3
- USDC Earn
- Arbitrum
- OKX
- on-chain rewards
- DeFi yield
- COMP token
- ARB token
These terms reflect active search queries related to passive income in crypto and decentralized finance platforms.
Looking Ahead: The Future of On-Chain Earning Products
OKX plans to expand its On-Chain Earn suite with additional products in the coming weeks. By integrating more leading DeFi protocols across various Layer 1 and Layer 2 networks, OKX aims to offer diversified, transparent earning opportunities that cater to global users.
As blockchain technology matures, the line between centralized services and decentralized protocols continues to blur. Products like this represent a new era—where ease of use meets true ownership and real yield generation.
👉 Explore upcoming DeFi innovations and be among the first to access new earning opportunities.