Avalanche Powers Ethena Pay's New Earn+ Feature with 12% Yields
Ethena Pay launches Earn+ on Avalanche, offering up to 12% returns on dollar deposits through Aave v4 integration.
Ethena Pay launches Earn+ on Avalanche, offering up to 12% returns on dollar deposits through Aave v4 integration. Avalanche (AVAX) is trading at $8.86. This is an original TLT brief synthesising 2 outlets (TronWeekly, Coinfomania), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 18:15:03 UTC.
The integration of Ethena Pay's Earn+ on Avalanche expands the platform's yield opportunities and strengthens Avalanche's position in the DeFi payments sector. This development highlights growing institutional interest in high-yield products and Avalanche's role in enabling them.
- Ethena Pay's Earn+ offers up to 12% yield on dollar deposits.
- The Upshift vault on Avalanche, powered by Aave v4, facilitates these yields.
- Avalanche's DeFi ecosystem continues to attract high-yield projects.
- Aave TVL remains substantial at $17.45B despite recent market downturn.
TronWeekly and Coinfomania both report that Ethena Pay has launched the Earn+ feature, offering users up to 12% returns on dollar deposits. They agree that this is facilitated by the Upshift vault running on Aave v4 on the Avalanche network. However, Coinfomania emphasizes Aave's role and endorsement of the launch, while TronWeekly focuses on the technical integration and the Upshift vault's role in expanding yield opportunities within Ethena's settlement layer.
Ethena Pay has introduced the Earn+ feature, which offers users up to 12% yield on dollar deposits. This new feature is powered by the Upshift vault, which runs on 
Aave v4 on the 
Avalanche network. The integration of Earn+ into Ethena's exclusive settlement layer for global payments aims to provide enhanced yield opportunities for users.
The Upshift vault, curated by Steakhouse, is designed to optimize yield generation within Ethena's ecosystem. This development is supported by Aave, which has amplified the launch, signaling growing interest in high-yield products within the DeFi space. The collaboration between Ethena Pay, Avalanche, and Aave underscores the increasing synergy between different DeFi platforms.
Multiple outlets, including TronWeekly and Coinfomania, corroborate the 12% yield figure and the involvement of Avalanche and Aave v4. While both outlets agree on the core details, Coinfomania places additional emphasis on Aave's role and endorsement of the launch, whereas TronWeekly focuses on the technical aspects and the Upshift vault's contribution to expanding yield opportunities.
The Avalanche network's DeFi ecosystem has been gaining traction, with the Upshift TVL increasing by 12% over the past week to $441.68 million, according to DeFiLlama. This growth is indicative of the network's attractiveness to projects seeking to offer high-yield products. Meanwhile, Aave's TVL stands at $17.45 billion, despite a 5.8% decline over the past seven days.
In the broader market context, the total crypto market cap remains at $2.76 trillion, with the overall market showing little movement. 
Bitcoin is down 0.02% in the last 24 hours, while Avalanche (AVAX) has seen a slight increase of 0.28% in the same period. Ethena (ENA) has experienced a 7.42% drop in the last 24 hours, reflecting market volatility.
Since this brief published about 1 hour ago, Avalanche (AVAX) has moved from $8.86 to $8.86 — +0.00%.
The chart plots AVAX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 AVAX ≈ ₦12,277.12 (about $8.86), up 0.2% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Avalanche Powers Ethena Pay's New Earn+ Feature with 12% — questions & answers
What is Ethena Pay's Earn+ feature?
Earn+ is a new feature offering users up to 12% yield on dollar deposits, powered by the Upshift vault on Avalanche.
How does Avalanche support Ethena Pay's Earn+?
Avalanche hosts the Upshift vault on Aave v4, which facilitates the yield generation for Ethena Pay's Earn+.
What is the significance of Aave's involvement?
Aave's endorsement of the launch highlights the growing interest in high-yield products and strengthens the collaboration between different DeFi platforms.
How much is 1 Avalanche worth in naira today?
About ₦12,277.12 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $8.86. The naira price moves with both AVAX's US-dollar price and the USDT/NGN rate; use our Avalanche in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly, Coinfomania, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.