Granite Protocol Launched Bitcoin DeFi Lending Market
2026-07-31 23:35:10
According to CoinMeta, Granite Protocol has launched a lending feature on Bitcoin, providing users with a new way to borrow using collateral related to Bitcoin. Users can deposit sbtc collateral on the Stacks basic lending market at Granite and borrow usdcx. The lending interest rate for this product is 1.66% APR, and it features isolated pools, soft liquidation, and the cessation of further utilization of user collateral. Although this product is not available in the United States, this launch marks that Bitcoin DeFi is gradually being refined, with comparison pages, lending markets, and user products based on BTC-related assets beginning to appear on the market. Although Bitcoin DeFi has not yet become mainstream, the infrastructure is becoming easier to evaluate.
Source:Internet
This content is for market information only and does not constitute investment advice.
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