Gate Yubibao vs On-chain Stablecoin Pools: A Panoramic Comparison and Strategy Choices for Stable Returns in 2026

In the realm of digital assets, when mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) face market volatility – BTC fell 5.45% in 24 hours to $84,195.9 and ETH fell 6.55% to $2,807.82 as of January 30, 2026, according to Gate market data.

In the current market environment, investors face two main choices: exchange savings products like Gate or directly participate in stablecoin pools in DeFi protocols. This article will comprehensively compare the core differences between the two and provide you with a clear configuration idea.

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Exchange Stable Wealth Management: Gate’s Income Mechanism and Advantages

In the crypto ecosystem, the wealth management products provided by exchanges are the most direct way for ordinary users to obtain stable income. Take Gate as an example, this product allows users to deposit idle crypto assets to earn fixed or floating interest returns. Its core advantage lies in ease of operation and safety.

Recently, Gate has launched a variety of limited-time activities, significantly increasing the comprehensive rate of return for users. For example, in the BTC Regular Savings activity starting in January 2026, users can receive an additional 10% APR on top of their original earnings, with a comprehensive APR of up to 10.3%.

Another feature of Yu Bibao is its “dual income structure”. Users have the opportunity to earn additional token rewards while earning basic earnings. This pattern is particularly evident in regular events like “Crazy Wednesday,” where USDT 3-day regular savings add an additional 10% AVNT reward to the 6% base annualized return, bringing the comprehensive annualized return to 16%.

GUSD Double Rewards: An innovative way to play stablecoin saving

In addition to its traditional Yubibao products, Gate has also launched GUSD, an innovative financial tool. GUSD is a stablecoin credential backed by real-world assets (RWAs) such as U.S. Treasury bonds with a base annualized yield of 4.4%. Users can obtain this stable income through simple minting operations.

What sets GUSD apart is its “double reward” mechanism. When users invest GUSD in Launchpool and other wealth management products, they can receive double interest superimposed on the product income and GUSD minting income. This design provides users with richer income options. In Gate’s Launchpool, users can earn amazing APYs by staking GUSD to participate in emerging projects.

There are currently three highly active Launchpool pools on the platform: $U, $BOT, and $SWTCH, some of which even offer APYs of up to 441.65%.

In-depth analysis of mainstream on-chain stablecoin pools

Unlike exchange savings products, decentralized finance (DeFi) protocols offer users the opportunity to earn income directly on the blockchain. These on-chain stablecoin pools generate income through different mechanisms, each with its own characteristics. Take the Unitas protocol, for example, which adopts a market-neutral strategy to generate income through Delta-Neutral arbitrage and funding rate capture. In 2025, Unitas achieved an annualized return of approximately 16.7%.

In contrast, traditional lending protocols like Aave and Compound are more straightforward. The yield of these protocols is entirely driven by market borrowing demand for stablecoins. As of January 2026, Aave’s USDT/USDC annualized returns typically range from 2.5% to 3.6%, while Compound’s returns generally range from 2% to 4%.

Emerging DeFi protocols such as Ethena have adopted more sophisticated strategies. Its USDe synthetic dollar has remained stable through the Delta-Neutral strategy, with returns closely linked to market funding rates, particularly prominent in markets dominated by bulls.

Core Differences Comparison: Benefits, Risks, and Flexibility

To more clearly demonstrate the core differences between Gate and on-chain stablecoin pools, we will conduct a systematic comparison from multiple dimensions.

Of particular note is that the gas cost for on-chain operations can significantly impact actual earnings. When the Ethereum network is congested, gas fees for a single transaction can be as high as tens of dollars, which can eat up most of the profits for users with small amounts of money or frequent operations.

Data Insights: Earnings Trends and Market Performance

Judging from market data, the yield-based stablecoin market is growing rapidly. In just over a year, the market capitalization of yield-bearing stablecoins has surged from about $15 billion to over $110 billion and now accounts for more than 4% of the overall stablecoin market. This increase reflects strong demand for solid yield products.

On the Gate platform, related wealth management products have also shown strong growth momentum. Yu Bibao’s management funds have exceeded $3 billion, and the annualized return can reach up to 10.5%. The on-chain supply of GUSD has grown rapidly in a short period of time, with four major mining pools opening simultaneously, and the comprehensive annualized annualization easily exceeding 15%+.

The performance of the platform token GT is also closely related to ecological development. According to Gate market data, as of January 30, 2026, the price of GT is $9.52, with a change of -4.23% in the past 24 hours. As the Gate ecosystem expands and the “All in Web3” strategy advances, GT’s core role in platform functionality and governance will be further strengthened.

While the market is volatile at the beginning of 2026, with Bitcoin falling by more than 5% in 24 hours, Gate’s BTC Regular Savings can provide users with a comprehensive annualized return of up to 10.3%. Meanwhile, the on-chain Unitas protocol maintains an annualized yield of around 16.7%, while traditional DeFi lending protocols such as Aave hover between 2.5% and 3.6% in USDT yields.

In the crypto world, idle stablecoins and mainstream assets are no longer dormant capital but productive assets that can continue to increase in value through carefully chosen strategies. Market volatility is not the end, but the starting point of asset allocation strategies.