Sats Terminal, a decentralized Bitcoin financial platform, integrates with Morpho to provide users with optimal market exposure and lending rate optio...
AI Summary1 min read
TL;DR
Sats Terminal integrates Morpho protocol into its Borrow product, enabling users to use native BTC as collateral for lending on Arbitrum and Base networks without KYC or manual cross-chain processes. The platform aims to optimize fund efficiency and expand into a comprehensive Bitcoin DeFi portal with future SDK and Earn product launches.
Tags
MorphoDeFiMorphLending & BorrowingAaveGovernanceSats TerminalBitcoin DeFiMorpho protocollending platformnative BTC collateral
According to Mars Finance, Sats Terminal, a Bitcoin trading and lending platform with Yzi Labs in stake, announced the official integration of the Morpho protocol into its Borrow product, initially supporting the Arbitrum and Base networks. Through Sats Terminal, users can connect to Morpho and Aave lending liquidity pools without manually crossing chains or encapsulating assets; they can simply use native BTC as collateral. The entire process is self-custodied and requires no KYC, aiming to help users maximize the efficiency of their funds. It is reported that Sats Terminal previously secured $1.7 million in Pre-Seed funding from institutions such as Coinbase Ventures and Draper Associates. Through the platform's aggregation layer design, users can discover and match the best lending rates and liquidity across the entire network. Sats Terminal plans to subsequently launch an SDK and Earn financial products, empowering third-party wallets and Neobanks to directly access native Bitcoin DeFi capabilities, aiming to become a one-stop portal for Bitcoin finance.