Hold and grow your money in USD

Your USD balance, held as USDC, is put to work in Morpho, an institutional-grade DeFi lending protocol, where borrowers pay interest to access liquidity. That interest gets passed back to you as yield, typically 5-10% APY depending on market conditions. Unlike a fixed-term savings bond, rates adjust dynamically based on real-time supply and demand in the lending market, but your funds stay liquid throughout, so you are never locked in or penalised for accessing your money early. It is a fundamentally different mechanism from how a bank sets savings rates internally.

The yield adjusts based on supply and demand inside the lending market your USD sits in. When borrowing demand is high, or the pool of available funds is limited, rates rise because borrowers are competing to access liquidity. When demand falls, or more funds get supplied to the pool, rates fall correspondingly. This is different from a bank, which sets its savings rate somewhat arbitrarily based on its own margin targets rather than a live market. It also means the rate you see today reflects real market conditions, not a promotional rate that quietly drops later.

Yes. The savings pot is designed for instant access, with no long lock-in period, minimum term, or early-withdrawal penalty of the kind you would find with a fixed-rate bond or a notice account. You can move money out whenever you need it, whether that is to spend, send abroad, or convert into another currency, and it lands in your available balance immediately rather than after a settlement delay. That liquidity is part of the design: earning yield is meant to be the default state of idle cash, not a tradeoff against flexibility.

No fee is charged for holding a balance or earning yield; the rate you see is what you actually earn. Liminal is transparent about the fees that do apply elsewhere, like transfers and currency conversion, publishing them directly in the app rather than folding them into a worse exchange rate. There are no hidden spreads on the yield itself and no monthly account fee just for keeping a savings balance open. See the Instant Transfers page for the full breakdown of transfer and conversion pricing.

Most traditional savings accounts are tied to a specific country, pay 1-4% at a typical high-street bank, and often require locking funds away for a fixed term to get the best rate. Liminal pays 5-10% APY through Morpho, stays instantly accessible with no lock-in, and works the same way regardless of which country you are living or working in. There is also no minimum balance requirement or tiered rate structure that penalises smaller balances, which is common with traditional accounts. The tradeoff is that yield comes from a DeFi lending market rather than a bank balance sheet, a different but independently verifiable kind of exposure.

Yes. Each user gets a self-custodial Safe smart wallet, with keys managed through Privy, so only you can move your funds; Liminal itself has no ability to touch them without your consent. Balances are stored in USDC, a fully backed stablecoin pegged to the US dollar and issued by Circle, which publishes independent monthly attestation reports confirming its reserves. Funds are never pooled with other users' balances or re-lent by Liminal itself, and even if Liminal were to cease operations, you would retain full, independent access to your wallet and everything in it.