THORWallet Launches Earn with Compass
THORWallet partnered with Compass to power their Earn feature, connecting wallet users directly to Aave so they can earn yield on idle stablecoins, without leaving the app.
At a glance
- Company: THORWallet - non-custodial multi-chain wallet with cross-chain swaps, multisig, crypto Mastercard, and Swiss IBAN access
- Headquarters: Switzerland
- Industry: Crypto Wallets & DeFi
- Products used: Earn
Key stats
- Yield on USDC offered to users
- 2 weeks from signed agreement to live in-app
- Direct to smart contract - non-custodial, Compass never touches user funds
- Built-in revenue - embedded fees let THORWallet earn alongside their users
THORWallet & Compass
THORWallet partnered with Compass to power their Earn feature, connecting wallet users directly to Aave's lending protocol so they can earn yield on idle stablecoins, without leaving the app.
The opportunity
THORWallet already had a strong product. Cross-chain swaps across 20,000+ tokens, multisig wallets for DAOs and treasuries, a crypto Mastercard, and Swiss IBAN access.
Their users held stablecoins in the wallet, but those assets sat idle between trades. THORWallet wanted to offer yield without compromising on what made their wallet different: fully non-custodial, no intermediaries, users always in control.
Building in-house would mean protocol research, smart contract integrations, security audits, and ongoing maintenance. A 6-8 month project, and a distraction from their core product.
"From the beginning, THORWallet has been about bringing full onchain finance into a single mobile experience. Swaps, payments, and banking are already there. Yield was the natural next step. We were looking for a solution that is transparent, non-custodial, and integrates cleanly into a DeFi-native stack without compromising the user experience."
Marcel Harmann, Founder & CEO at THORWallet
The solution
Compass connects THORWallet users directly to Aave across chains, the largest non-custodial lending protocol with tens of billions in liquidity. No intermediary vaults. No custody transfer. No third-party managers making allocation decisions.
Compass constructs the transaction; it never holds or touches the funds. This was key for THORWallet: the same non-custodial principles that define their swaps and multisig now extend to yield.
How it works:
- User deposits USDC in THORWallet's Earn
- Compass API constructs the transaction
- Funds go directly into Aave's lending protocol
- Interest accrues on-chain. Users can track deposits, earnings, (un)realised PnL and transaction history, all visible in real time
- User withdraws anytime, no lockups, no minimums
THORWallet shipped the full integration in two weeks. One API. No new smart contracts. No changes to their existing wallet architecture.
Key benefits
- Direct to protocol: users interact with Aave's smart contracts, not an intermediary
- Non-custodial: Compass never holds funds, consistent with THORWallet's architecture
- Live in two weeks: no months-long DeFi build
- Built-in revenue: embedded fees let THORWallet earn alongside their users
- No minimums, no lockups: users move in and out freely
Get started
THORWallet turned idle stablecoin balances into a yield-generating feature and a new revenue line.
See how Compass can do the same for your wallet, fintech, or payment platform. Book a demo or explore the docs.
Compass does not control DeFi protocols or smart contracts. Using DeFi protocols involves risk, including potential loss of funds. This is not investment advice.