Frequently asked questions

Join the Peak Money waitlist, then deposit dollars by connecting a card, bank, or wallet. Your yield starts the moment your deposit lands.

No. There are no minimums. You can move in any amount, any time.

Yes. There are no lockups and no penalties. Request a withdrawal anytime and your dollars come back to you.

Your dollars are put to work in audited on-chain lending markets. Every borrower posts collateral worth more than they borrow, and the interest they pay becomes your return. It's just lending, not magic: borrowers pay to use your dollars, and that interest is paid back to you.

A bank keeps the spread between what it earns on your deposits and the little it pays you. Peak Money passes the interest from lending your dollars back to you instead, which is how the return can be higher. It also carries more risk than a bank account, which the safety questions below cover honestly.

The rate moves with the market. Up to 10% a year is what is targeted today, and when borrowing demand shifts, your rate moves with it. It is variable and never a fixed or promised number.

There are no deposit or withdrawal fees. Peak Money takes a protocol fee from the yield your dollars generate, not from your principal.

Making your money work means putting it somewhere it earns a return instead of losing ground to inflation. With Peak Money, you deposit dollars and they earn up to 10% a year in audited lending markets, with nothing for you to manage.

The legit part is easy to check: Peak Money is built by Dapper Labs, the team behind NBA Top Shot and Disney Pinnacle. On safety, be clear-eyed. Peak Money is not a bank and your principal is at risk. What you can verify for yourself is that the lending markets are independently audited, the smart contracts are open-source, Peak is non-custodial, and everything is visible on-chain in real time.

No. Peak Money is non-custodial. You always control your assets and own your private keys, and Peak cannot move your money without your authorization.

Yes. The lending markets Peak Money uses are independently audited, with public audit reports and open-source smart contracts you can review.

Your principal is at risk and the return is variable, not guaranteed. In an extreme event you could lose money, so only deposit what you can afford to have at risk. The main risks are market risk, where the rate can fall, and the technical risk that comes with any on-chain system. That is exactly why the audits, the open-source code, and the on-chain transparency matter.

No. Unlike a bank account, funds deposited in Peak Money are not FDIC or CDIC insured. You could lose principal in an extreme black-swan event. Only deposit what you can afford to have at risk.

It can be, but it works differently from a bank. Outside a bank, your money is not FDIC insured and your principal is at risk, so what matters is how carefully the option is run and how much of it you can check yourself. With Peak Money, the lending markets are audited, the code is open-source, and you can verify everything on-chain. Only put in what you can afford to have at risk.

Banks pay you a small slice of what they earn lending your deposits out, and keep the rest as their spread. The national average savings rate is about 0.38% a year (FDIC, as of July 2026), while the top high-yield accounts pay closer to 4.00% to 4.15% (Bankrate, week of 2026-07-22).

Yes, due to inflation. While the dollar amount might stay the same or even rise a little, what it can buy falls every year. Over the last 5 years, inflation in the US has totalled about 25%, meaning a dollar in 2021 is worth about 75 cents today.

Compound interest is the interest you earn on both your original money and the interest it has already earned. Over time it builds on itself: the longer your money earns, the faster it grows.

A stablecoin is a digital dollar designed to hold a steady value of about one US dollar. It lets dollars move and earn on modern payment rails. You do not need to hold or manage one to use Peak Money; the app handles that in the background.

More on stablecoins

Someone supplies dollars to a lending market, a borrower posts collateral worth more than they borrow, and the borrower pays interest that flows back to the supplier. The return comes from borrowing demand, not from a company paying you to hold a coin.

Peak Money uses PYUSD, the dollar stablecoin issued by Paxos. You deposit dollars, and any supported stablecoin such as USDC converts to PYUSD once it lands.

PYUSD is a fully reserved dollar stablecoin issued by Paxos, a regulated trust company, with public monthly attestations. Like any asset it carries risk, including the small chance it loses its dollar peg.