Binance says it has distributed approximately $10 billion in total yield to users since 2019 across its suite of earn products, according to a blog post the exchange published this week. The figure spans a range of offerings, from flexible stablecoin savings to newer structured products built around Bitcoin options strategies.
Since 2022 alone, Binance Earn has paid out roughly $1.2 billion in yield to stablecoin holders. The exchange highlighted the gap between its returns and traditional savings accounts: its RWUSD product returned 3.36% annualized and its delta-hedged BFUSD product returned 2.09% annualized, compared with the US national average savings deposit rate of just 0.38% — a difference Binance described as stablecoin yields running “up to roughly 8.8 times higher” than a typical bank account.
New Covered-Call Bitcoin Product
The yield figures come alongside the July 7, 2026 launch of BTC Yield (BTCY), a new covered-call strategy product that lets Bitcoin holders earn income by selling call options against their holdings. Binance takes 15% of gross option premiums before calculating investor yield, with distributions processed weekly every Friday. The exchange was explicit that principal is not protected under the product: investors may lose some or all of their invested Bitcoin, and distributions are never guaranteed and can be zero in a given week.
Building Out a Full Yield Stack
BTCY joins a broader ecosystem of yield products Binance has built across different risk levels. Simple Earn offers baseline, flexible-term BTC yield for more conservative users, while Advanced Earn includes structured products such as Dual Investment for those seeking higher potential returns. Binance has also expanded into on-chain restaking partnerships with Babylon and Solv, giving users exposure to yield generated outside the exchange's own balance sheet.
In its post, Binance framed the expansion as a response to a shift in how holders think about their crypto assets: “an asset that also generates income invites different questions: return over time, risk, the range of yield available.” The company's $10 billion distribution figure, spanning seven years of product development, positions Binance's earn suite as one of the larger yield-generating operations in the exchange sector — though as with any yield product, returns on newer offerings like BTCY remain unproven over a full market cycle.
