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DeFi lending on Liquidium hits 4-month high as Bitcoin soars past $100K

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Credit : cryptoslate.com

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DeFi lending on Bitcoin-based Liquidium hit a four-month excessive of 21 BTC on December 5, after climbing to a brand new all-time excessive above $100,000.

Onchain facts reveals that loans in opposition to Runes represented 57% of Liquidium’s each day quantity and contributed 12 BTC, whereas Ordinals accounted for the remaining 43% and contributed 9 BTC.

These numbers replicate a multi-year upward pattern for Liquidium, which has facilitated greater than 63,000 loans totaling greater than 3,378 BTC. Runes dominate the platform and comprise greater than half of all collateral.

Liquidium permits customers to borrow Bitcoin in opposition to belongings corresponding to Runes, Ordinals, Inscriptions and BRC-20 tokens. The non-custodial mannequin makes use of Discreet Log Contracts (DLC) for safe escrow, defending lenders’ returns even within the occasion of default.

Liquidium’s rise in exercise displays Bitcoin’s rising mainstream adoption. Analysts level to BTC’s value surge above $100,000 and the introduction of Bitcoin Change-Traded Funds (ETFs) as key elements driving institutional curiosity within the ecosystem.

Moreover, market sentiment has improved dramatically with expectations of crypto-friendly regulation beneath a Donald Trump-led US administration, fueling optimism for the broader trade progress.

Moreover, the platform’s native LIQUIDIUM token can be experiencing an uptrend, in line with CoinMarketCap knowledge, rising its worth by greater than 25% over the previous week.

New options

Wanting forward, Liquidium will launch options designed to streamline the person expertise. A brand new Prompt Lending function offers debtors entry to funds with out the necessity for a lender co-signer, simplifying the method for loans of any dimension.

READ  Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism

The upcoming Customized Mortgage V2 improve introduces a gallery-like interface, permitting debtors and lenders to create and customise mortgage gives.

This shift from the standard mannequin – the place solely lenders may provoke gives – will make the platform extra dynamic and accessible. The intuitive design guarantees a fascinating expertise the place customers can discover borrowing choices as effortlessly as searching a curated assortment.

Liquidium’s constant progress and deliberate progress place it as a serious participant within the rising Bitcoin DeFi ecosystem.

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