Notional Finance review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Notional Finance suits crypto holders who want to earn a return on assets they already hold and keep control throughout. Yields run 4% to 7% across ETH, wBTC and USDC, custody is non custodial, and terms are No lockup - freely redeemable at any time, so a position can be left whenever the holder wants.
Key facts
- Best for
- Holders of ETH, wBTC and USDC who want yield of 4% to 7% while keeping their own custody.
- Yield
- 4% to 7%↗
- Supported assets
- ETH, WBTC, USDC, DAI↗
- Lock-up terms
- No lockup - freely redeemable at any time↗
- Custody
- Non custodial↗
- Founded
- 2020↗
- Official website
- notional.finance
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- Terms are No lockup - freely redeemable at any time, so nothing has to be tied up for a fixed period.
- Custody is non custodial, which keeps the assets with the holder's own wallet rather than a platform balance.
- Yields of 4% to 7% sit close to the 7% median across the earn platforms listed on HodlCue.
- The platform has run since 2020, so it is not a recent entry into the earn category.
Cons
- Supported assets run to ETH, wBTC and USDC only, well short of the 137.5 median across earn platforms.
- Yields of 4% to 7% sit below the 8.25% listed by bunq Crypto Spain and below the top of 0.5% to 19.2% at Bit2Me.
- non custodial custody leaves the wallet side with the holder, so setup and management sit on their side of the deal.
Ready to try Notional Finance?
Scored 8.7 / 10 by HodlCue.
Who it suits
- Holders of ETH, wBTC and USDC who want a real return on assets they already own.
- Anyone who puts No lockup - freely redeemable at any time above chasing the highest headline rate.
- Readers who want custody kept on their own side, since it is non custodial.
Who should look elsewhere
- Rate chasers: bunq Crypto Spain lists 8.25%.
- Bit2Me users who prefer a much wider spread of reward rates at 0.5% to 19.2%.
How Notional Finance compares
- 8.7 vs 9.3
8.7 vs 9.2
8.7 vs 9.4
8.7 vs 9.7
8.7 vs 9.6
8.7 vs 9.0
8.7 vs 9.0
8.7 vs 9.0
8.7 vs 8.2
8.7 vs 8.2
8.7 vs 9.7
8.7 vs 9.4
8.7 vs 9.3
8.7 vs 9.0
8.7 vs 8.7
8.7 vs 8.6
8.7 vs 8.5
8.7 vs 8.5
Frequently asked questions
What yield does Notional Finance pay?+
Published rates for Notional Finance run 4% to 7%, close to the 7% median across the earn platforms listed on HodlCue. The band is narrower than the spread some competitors show, so the rate is easier to judge alongside the asset list and the lockup terms rather than on its own.
Which assets can I earn on?+
The supported list is ETH, wBTC and USDC, so the choice is concentrated in a handful of major assets and stablecoins. For comparison, earn platforms on HodlCue carry a 137.5 median of supported coins. Anyone holding a long tail of tokens will find this list short.
Is there a lockup on the position?+
Terms are No lockup - freely redeemable at any time. There is no fixed waiting period to plan around, and a position can be redeemed as soon as the holder decides. That is the clearest practical difference here, since a large share of earn products tie funds up for a set term.
Who holds the assets while they earn?+
Custody is non custodial, so the assets stay with the holder's own wallet instead of a platform account. Control of the keys stays close, and the holder manages the wallet side directly. Most earn products are custodial, at 53.2%, so this is the smaller group.
How long has the platform been running?+
Notional Finance dates back to 2020. That is the one track record marker in the published set, and it sits alongside the non custodial setup and the No lockup - freely redeemable at any time terms. A reader weighing a long-running protocol against a newer custodial earn product can use that date as a single input.
How do the rates compare with other earn platforms?+
Notional Finance runs 4% to 7%. bunq Crypto Spain lists 8.25%, and Bit2Me runs 0.5% to 19.2%, so both reach higher at the upper end. VaultLeap takes a different angle, supporting USDC only, which narrows it to a single stablecoin position.
Sources
- docs.notional.finance/notional-v3/product-guides/lending.md checked September 26, 2026
Backs: Lock-up terms
“freely redeemable at no cost at any time”
- tt-supportmultiplegh.preview.tokenterminal.com/terminal/p... checked September 26, 2026
Backs: Custody, Founded
“non-custodial fixed-rate, fixed-term lending protocol”
- bankless.com/here-are-the-best-real-yields-in checked September 26, 2026
Backs: Supported assets, Yield
“fixed-rate loans of ETH, wBTC, USDC and DAI”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Notional Finance
Holders of ETH, wBTC and USDC who want yield of 4% to 7% while keeping their own custody.