Users on the trading platform have lent out 400 million USD at an annual interest rate of 5% to attract demand for BTC collateral loans.

MoonDreamChaser · 2025-06-16T01:20:26+00:00

[On-chain] On June 16, news reported that the product manager of a certain platform cited Dune data, stating that to date, users of the platform have lent out over 400 million USDC through on-chain mechanisms, with an annualized interest rate of about 5%. The lending function has rapidly risen within a few months of launch. He mentioned that users are utilizing this function to take out loans using BTC as collateral, allowing them to raise funds without reducing their assets.

MoonDreamChaser

2025-06-16 01:20:26

[On-chain News] On June 16, it was reported that a product manager from a certain platform cited Dune data, stating that as of now, users of the platform have lent out over $400 million USDC through on-chain mechanisms, with an annualized Intrerest Rate of approximately 5%. The lending function has risen rapidly within a few months of its launch. He mentioned that users are utilizing this function to take out loans secured by BTC, allowing them to raise funds without having to reduce their assets.

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