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Decentralized finance (DeFi) lending on Bitcoin-based Liquidium has hit a new high following Bitcoin’s move into the $100k region. According to details, lending on Liquidium reached a four-month peak, achieving the feat with 21 BTC. The renewed increase happened after Bitcoin was affected by a flash crash, took flight, and powered its way to $100k.
According to on-chain <a href="https://dune.com/liquidiumfi/liquidium" rel="noopener noreferrer nofollow" target="_blank">data</a>, loans taken against Runes were responsible for a big chunk, representing 12 BTC and 57% of the total daily volume. Meanwhile, Ordinals was responsible for the remaining 43%, picking up 9 BTC to clinch its place. The numbers show that the platform has registered more upward trends since the beginning of the year, facilitating about 63,000 loans which accounts for about 3,378 BTC.
<h3 class="wp-block-heading" id="span-style-font-weight-400-liquidium-s-defi-lending-activity-takes-flight-span">Liquidium’s DeFi lending activity takes flight</h3>
According to the platform, Runes has led in collateral since the beginning of the year, dominating others. The platform enables traders to borrow Bitcoin against assets such as Runes, Inscriptions, Ordinals and other select BRC-20 tokens. Liquidium uses its Discreet Log Contract (DLC) feature to provide secure escrow services, ensuring that lenders’ funds are protected, even when borrowers default.
Liquidium’s increased activity is imitating Bitcoin’s rise in adoption, as investors continue to want a piece of the pie. Analysts have also pointed to the introduction and approval of spot Bitcoin exchange-traded funds (<a href="https://www.cryptopolitan.com/spot-bitcoin-etfs-surpass-satoshis-holdings/" rel="noopener noreferrer nofollow">ETFs</a>) as a major factor. Another reason is the rapid rise of the asset, unrelenting in its push into the $100,000 bracket. These reasons are the major drivers of institutional adoption as companies and whales continue to back the asset.
Additionally, the recent news of Donald Trump as the next President of the United States has been another factor that drove the market into an upswing. Aside from the new pro-crypto appointments made by <a href="https://www.cryptopolitan.com/fed-chair-jerome-powell-might-against-trump/" rel="noopener noreferrer nofollow">Trump</a>, the Congress is now leaning towards a crypto-friendly environment.
<h3 class="wp-block-heading" id="span-style-font-weight-400-liquidium-s-new-features-and-bitcoin-s-promises-span">Liquidium’s new features and Bitcoin’s promises</h3>
According to Liquidium, new features to streamline user experiences are in the works. The platform wants to build a new feature that will provide borrowers with the funds they need without countersignatures from lenders. Liquidium notes that the new feature will cover all borrowers regardless of their loan size. Another Custom Loan V2 feature will debut a gallery interface where borrowers and lenders can customize loan offers.
With the platform shifting from its usual service of allowing only lenders to initiate offers, it will provide a more dynamic and accessible place for every user. The new design hopes to feature a curated list of loan offers, allowing users to check different offers before choosing the one that suits them. Liquidium has been growing in the crypto market, and with the addition of new features, it will be a key player in the <a href="https://www.cryptopolitan.com/bitcoin-beats-dollar-forever-microstrategys/" rel="noopener noreferrer nofollow">Bitcoin</a> ecosystem in the future. Its native token, LIQUIDIUM, has also been doing well in the market, seeing a surge of 25% in the past week, according to CoinMarketCap.
Meanwhile, Bitcoin has continued to deliver its promises of more profits to believers. Although the asset suffered a flash crash that brought it down from its $100k high horse, it has been relentless since then. With the asset making its way back into that region, it remains to be seen what will happen in the coming days before the new year. According to <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow" target="_blank">data</a> from CoinMarketCap, Bitcoin is currently trading at $99,787, up by 1.44% in the last 24 hours and up by 3% in the past week.
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DeFi lending on Bitcoin-based Liquidium hits new high as BTC powers above $100k

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