EarnPark

EarnPark is a hybrid CeFi/DeFi yield platform — described by the team as "CeDeFi" — launched on June 22, 2022, and incorporated in the United Kingdom as EarnPark Platform LLP (Company No. OC442773). The platform targets retail investors seeking passive income on digital assets without directly managing DeFi positions themselves. It operates in over 150 countries and supports 19 assets, ranging from Bitcoin and Ethereum to Solana, stablecoins, and altcoins.

How It Works

Users deposit a supported asset, select a risk tier, and receive daily auto-compounding yield paid in the same asset they deposited — not in a platform token. There is no minimum deposit and no mandatory lock-up period; withdrawals are permitted at any time. Behind this simplified interface, EarnPark allocates capital across three main strategy types:

Market Making: EarnPark operates as a quantitative market maker on centralized exchanges, primarily Binance, placing simultaneous buy and sell orders to capture spread. The firm describes this as a delta-neutral approach designed to minimize directional price exposure.

DeFi Liquidity Provision: A portion of deposited capital — stated to exceed 50% of AUM at any given time — is deployed on-chain to automated market makers and liquidity protocols. EarnPark developed its own proprietary infrastructure, the sLiq Protocol, built on Uniswap, which launched a pilot in 2025. sLiq is designed to enable impermanent loss hedging and synthetic leveraged trading within liquidity positions.

Arbitrage: The platform runs statistical arbitrage strategies, exploiting price discrepancies across exchanges and liquidity pools, complementing the market-making and LP activities.

Strategies are grouped into tiered risk categories. Users choose a risk level — broadly Low, Medium, or High — and EarnPark routes capital accordingly. Within these tiers, there have been partner-managed sub-products; one such product, Delta Safe, was positioned as a low-risk fixed-return arbitrage strategy before being closed following a significant loss event in August 2024 (discussed below).

Supported Assets and Yield Rates

EarnPark currently supports 19 assets. Advertised annual percentage yields (APY) as of mid-2026, independently verified by CoinInterestRate.com:

• USDT / SOL / LINK: up to 20%
• ETH: up to 15%
• BTC / USDC / BNB: up to 10%
• AVAX: up to 8%
• DAI / TRX: 6-7%
• XRP / DOGE / ARB / DOT / TON: 5%

Rates are variable and strategy-dependent. Unverified accounts are subject to a deposit cap of approximately $5,000 USDT equivalent. Higher tiers require completing KYC/AML verification.

Team

EarnPark was co-founded by three principals with complementary backgrounds:

• Eugene Kuznetsov, CEO: Founded a digital agency serving clients including Procter & Gamble and Uber before pivoting to blockchain investing in 2015.
• Nick Nazmov, Fund Manager: Ranked among the top-100 market makers on Binance, with over $15 billion in trading volume across five years and a decade of currency markets experience. Background in mathematical analysis and Solidity development.
• Aaron Horwitz, CTO: Former lead engineer at ZoomInfo and senior architect at IBM; specialist in high-load FinTech systems.

Supporting team members have backgrounds at Mercuryo, PwC, and Sberbank. The platform participates in AWS Activate, Google for Startups, and Microsoft Founders Hub accelerator programs. Advisors added in 2025 include Anton Bukov, co-founder of the 1inch decentralized exchange aggregator.

PARK Token

EarnPark has a native utility token, PARK, deployed on BNB Smart Chain (BEP-20 compatible). The total supply is 1,000,000,000 tokens. The Token Generation Event (TGE) was targeted for late April/early May 2026.

PARK token utility includes:

• Yield boost: Holding PARK increases APY on active strategies
• Fee reduction: Up to 30% reduction in platform fees
• Liquidity mining: Rewards distributed proportionally to deposited capital, strategy risk, and lock duration
• Governance: Voting rights over protocol parameters
• Exclusive access: PARK holders gain access to higher-yield strategy tiers and planned AI portfolio tools

Tokenomics distribute 40% to community rewards, 22% to core contributors, 19.77% to investors, 9.23% to treasury, 6% to liquidity pools, and 3% to partnerships. A buyback program allocating 10% of platform revenue to open-market PARK purchases was announced for 2027 onward.

Security and Custody

• Fireblocks: EarnPark uses Fireblocks' institutional custody infrastructure, the same technology used by major traditional financial institutions and crypto firms.
• Proof of Reserves: Published in 2025; users can verify on-chain asset backing at any time.
• Account controls: Two-factor authentication, IP whitelisting, automatic session logout, and withdrawal confirmation alerts.
• Compliance: UK-registered LLP; U.S. SEC Form D Regulation D notice filed (reference: 021-473156), though the platform explicitly restricts U.S. retail participation.

No named third-party smart contract audit reports were available from independent sources at the time of writing. The platform states that DeFi-interacting contracts are audited but does not publish identified audit firms or report links publicly.

The Delta Safe Incident (August 2024)

In August 2024, EarnPark's Delta Safe strategy — a partner-managed product classified as low-risk — suffered severe losses during a cascading market liquidation event affecting approximately $19 billion in positions across the broader crypto market. Users in that strategy reported losses of roughly 30% of their allocated capital. EarnPark acknowledged the incident, communicated with affected users by email, and subsequently closed the Delta Safe strategy permanently.

The event resulted in significant negative Trustpilot reviews and drew criticism for the discrepancy between the "low risk" label and actual strategy mechanics, which appear to have included leveraged positions. Outside of this incident, user withdrawals and normal platform operations continued without interruption.

Platform Activity and Scale

EarnPark has shown consistent growth through 2025 and into 2026. Key metrics from a company-published 2025 year-in-review:

• Active users doubled year-over-year
• Approximately $963,000 in cumulative yield distributed
• Community grew from 650,000 to 1.45 million followers across channels; Telegram channel grew 7x
• Trustpilot score: 4.2-4.6 from over 200 verified reviews, with approximately 76% rated five stars

The 2026 roadmap includes the broader rollout of the sLiq Protocol, the PARK token TGE, a 1inch Fusion+ cross-chain swap integration (added in 2025), and an "AI Trading Co-Pilot" product in development.