What's new on the platform
New strategies: SOL DeFi and XRP DeFi
Two DeFi strategies opened in September. Both pay rewards daily, allow withdrawals at any time, and carry the Cross-Venue risk label. Expected APY at launch was 6.5% for each; current terms, including the minimum deposit, are on the strategy page.
BTC LP and ETH LP moved to new strategy groups
From 11 September, BTC Liquidity Providing is run as BTC DeFi, and ETH Liquidity Providing is run as ETH Maker Core. Each strategy now follows the terms of its new group: rate, payout schedule, and withdrawal conditions are shown on the updated strategy pages.
Risk Labels replace risk levels
The Low / Medium / High scale is gone from the strategy table, strategy cards, and portfolio. In its place every strategy now shows a Risk Label that names its dominant type of risk:
- Market-Neutral: designed to reduce direct exposure to market direction.
- On-Chain: primarily exposed to on-chain protocols and their mechanics.
- Cross-Venue: delta-neutral positions spread across several exchanges and protocols; exposed to transfers, rate differences, and venue failures rather than market direction.
- Market-Exposed: includes material directional market exposure.
These labels describe distinguishing risk characteristics, not a full list of risks. Every label involves risk: a lower classification does not mean your capital is protected, and a higher one does not guarantee higher returns. The labels and colours are not regulatory ratings or loss limits. A tooltip next to the label explains each type, and the strategy description lists the specific risks of that strategy.
Swap PARK inside the app
The USDT–PARK pair is now available in the platform's exchange interface, powered by Uniswap. You can buy or sell PARK from your EarnPark balance without leaving the app, alongside the on-chain route at swap.earnpark.com.
PARK Staking: monthly reward pool raised to 2,500,000 PARK
The staking reward pool is now 2,500,000 PARK per month, shared across all staked tokens. The current rate is shown on the staking page and changes with the total amount staked.
APY Boost: tiers are set
The tier structure for APY Boost, the loyalty programme for PARK holders, is now defined:
- PARK Select: 100,000+ PARK
- PARK Preferred: 250,000+ PARK
- PARK Elite: 1,000,000+ PARK
- PARK Private: 5,000,000+ PARK, custom terms
Your tier is assigned automatically based on your PARK holding; PARK on your balance and in staking both count. Each tier adds a boost on top of your base yield, and the higher the tier, the bigger the boost. Boost rates will be published at launch.
Strategy performance — September 2026
Liquidity Providing Strategies Snapshot
Risk Label: On-Chain
Maker Core Strategies Snapshot
Risk Label: Market-Neutral
DeFi Strategies Snapshot
Risk Label: Cross-Venue
Liquid Staking Snapshot
Alpha Vault Strategies Snapshot
Risk Label: Market-Exposed
Alpha Vault results are reported in the vault's own asset: a change in the number of coins for coin vaults, a change in USDT for the USDT vault.
The pattern is the same as in August: a rising market, the USDT vault in plus and the coin vaults in minus. The mechanism hasn't changed either, and we explained it in full in the August report. Each vault holds roughly half asset and half stablecoin. As the price rises, the vault sells asset to keep the 50/50 split, so a rising month ends with fewer coins and more stablecoin. The USDT vault's +3.80% is the stablecoin side of that same rebalancing.
What changed is the shape of the month. Bitcoin drifted from about $78,500 to $75,600 by 15 September. Most of the line-up followed, and AVAX traded flat around $7.2–7.6. From 18 September the market rallied hard. BTC passed $86,000 within four days, and AVAX gained roughly 50% in the third week. On 23 September the market gave back a few percent, then traded in both directions into the end of month.
That sequence matters for the vault. The mid-month dip let it buy asset lower before the rally. The pullback after the rally let it buy back part of what it had sold. Both are the kind of movement the vault earns from on top of the mechanical result.
Against the benchmark. As before, the fair comparison is a 50/50 portfolio that rebalances continuously and earns nothing from fees or liquidations.
Four of the six vaults finished above the benchmark, by 1 to 2.5 percentage points. BTC and BNB finished about one point below it.
AVAX is the clearest case. Its price gained more than 50% in a month, almost all of it in three days, the steepest one-way move we have seen. Rebalancing alone would have cut the coin count by almost 19%. The vault ended at −16.17%. The difference came from the two-way trading after the spike, including a 9% drop on 24 September and a rebound into the close.
In August the vaults sat on the benchmark because the price went one way and never came back. In September the price partly came back, and the vaults earned from that.
In dollar terms, every coin vault again ended the month higher than it started, from about +2% for BTC to about +27% for AVAX. The result is a coin count, not a loss of value.
Two months in a row the market rose, and two months in a row the coin vaults reported a minus. The rebalancing behaved the same way both times; the difference was the path. August rallied in one direction and stopped. September dipped, rallied and pulled back. The more a month moves in both directions, the more the vault earns from the volatility, as the upside of the mechanical result. September showed that. In a falling or range-bound month the same mechanism works the other way, and the coin count grows.
Building a resilient portfolio
Strategies work best as parts of a portfolio, not on their own. The two sections of the strategy list behave differently by design. Earn strategies accrue rate-based yield and are measured against the terms on their strategy pages. Advanced Yield strategies such as Alpha Vault are measured against the market: half of a position sits in the coin and half in stablecoins, so a trending month moves the coin-denominated and USD-denominated results in opposite directions, and a single month's figure says little on its own.
Risk Labels make that split visible before you deposit. Market-Neutral and On-Chain describe exposure to rates and protocols; Cross-Venue and Market-Exposed describe results that depend on venues or on market direction. A portfolio that mixes them in proportions you can hold through a weak month is easier to keep than one built around whichever strategy printed the highest number last month. Check the label, the term, and the withdrawal conditions on each strategy page, and size positions accordingly.