Avalanche Powers Ethena Pay's New Earn+ Feature with Up to 12% Yields
Ethena Pay has launched Earn+, offering up to 12% yields on dollar deposits through a vault on Avalanche's Aave v4.
Ethena Pay has launched Earn+, offering up to 12% yields on dollar deposits through a vault on Avalanche's Aave v4. Avalanche (AVAX) is trading at ₹843 ($8.86). This is an original Token Times brief synthesising 2 outlets (TronWeekly, Coinfomania), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 18:00:01 UTC.
This development highlights the growing integration between traditional finance and DeFi, offering users higher yields through innovative platforms like Ethena Pay. It also underscores Avalanche's expanding role in the DeFi ecosystem.
- Ethena Pay's Earn+ offers up to 12% yields on dollar deposits.
- The Upshift vault on Avalanche's Aave v4 powers the new feature.
- Avalanche's DeFi TVL remains substantial despite recent market downturns.
TronWeekly and Coinfomania both report that Ethena Pay has launched the Earn+ feature with a target yield of 12% on dollar deposits. They agree that the Upshift vault, running on Avalanche's Aave v4, is the platform facilitating these yields. However, Coinfomania emphasizes Aave's role in amplifying the launch and signaling broader yield interest, while TronWeekly focuses on the technical details of the Upshift vault's operation on Avalanche's settlement layer.
Ethena Pay has introduced Earn+, a new feature offering users up to 12% yields on dollar deposits. This development is powered by the Upshift vault, which operates on 
Avalanche's 
Aave v4 platform.
The Upshift vault, curated by Steakhouse, is designed to enhance yield generation within Ethena's exclusive settlement layer for global payments. This integration aims to provide users with more efficient and higher-yielding financial products.
Multiple outlets confirm the 12% yield figure, and DeFiLlama data shows that Avalanche's total value locked (TVL) is $17.45B, despite a 5.8% decrease over the past week. Ethena's TVL is $5.01B, down 2.6% in the same period.
Aave's role in this launch is significant, as it indicates a growing interest in yield-generating opportunities within the DeFi space. Coinfomania specifically notes that Aave's involvement signals broader market interest in yield products.
The broader crypto market remains relatively flat, with 
Bitcoin showing minimal movement over the past 24 hours. Avalanche's AVAX token has experienced a slight increase of 0.28% in the last day, while Ethena's ENA token has seen a 7.42% decrease.
Since this brief published about 1 hour ago, Avalanche (AVAX) has moved from ₹843.47$8.86 to ₹843.47$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 Token Times'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 ≈ ₹870.49 (about $8.86), up 0.2% over 24 hours. The rupee itself trades about 3.2% above the official rate on the P2P market, so a Indian 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.
Token Times 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.
Token Times 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 Up — questions & answers
What is the target yield for Ethena Pay's Earn+ feature?
The target yield for Ethena Pay's Earn+ feature is up to 12% on dollar deposits.
Which platform powers Ethena Pay's Earn+ feature?
The Upshift vault on Avalanche's Aave v4 platform powers Ethena Pay's Earn+ feature.
How has Avalanche's TVL been affected recently?
Avalanche's TVL is $17.45B, down 5.8% over the past week.
How much is 1 Avalanche worth in rupee today?
About ₹870.49 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $8.86. The rupee price moves with both AVAX's US-dollar price and the USDT/INR rate; use our Avalanche in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.