Lending markets
Borrow USDC against Bitcoin-backed collateral, or supply USDC to earn yield paid by borrowers. Every market is non-custodial and overcollateralized, on HyperEVM. Live rates go on-chain at launch.
| Market | TVL | Borrow APR | Supply APY | Utilization | Max LTV | Liq. threshold |
|---|---|---|---|---|---|---|
| ₿ LBTC–USDC Lombard wrapped Bitcoin Live at launch | — | 7.9% | 6.21% | 64% | 60% | 75% |
Coming soon
Multi-collateral expansion
₿
Phase 2 cbBTC–USDC
Coinbase wrapped Bitcoin
Launching Phase 2 · Q1 2027
Details → ₿
Phase 2 WBTC–USDC
Wrapped Bitcoin
Launching Phase 2 · Q1 2027
Details → ₿
Phase 2 tBTC–USDC
Threshold Bitcoin
Launching Phase 2 · Q1 2027
Details → ₿
Phase 3 ETH–USDC
Ether
Launching Phase 3 · 2027
Details → ₿
Phase 3 stETH–USDC
Lido staked Ether
Launching Phase 3 · 2027
Details →Supply and borrow rates for upcoming markets are set per-collateral at activation. Reserved markets above are placeholders — figures are not live and no positions can be opened until each market is deployed and audited.