EthenaPay Rolls Out Earn+ With 12% Rewards on Dollar Balances

ethenapay introduced Earn+, a savings feature that pays 12% rewards on dollar balances in a single tap, the project announced on Oct. 28, 2026.

The feature is available now to Pro and VIP tier users, with a broader rollout to all users to follow. The announcement did not specify a date for general availability or detail how the rewards rate is structured.

Earn+ raises the yield offered to Ethena Pay users, whose balances previously earned up to 6% APY in USDe. The app is a self-custodial mobile finance product from Ethena Labs that bundles dollar savings, a spending card and cross-border transfers into one interface, built exclusively on Avalanche. It entered early access on iOS across more than 50 countries in September 2026, with Android and US and EU availability still pending.

Avalanche's official avax account amplified the launch by retweeting the EthenaPay post rather than publishing its own announcement. The network has promoted Ethena Pay's Avalanche-only build in recent months, including CEO Guy Young's description of the app as "almost invisible infrastructure" in September.

What to watch

The key open questions are the timing of the full rollout beyond Pro and VIP tiers, the eligibility requirements for those tiers, and whether the 12% rate holds once Earn+ opens to all users. Ethena Pay has not published a schedule for Android or US and EU expansion.