Latest news with #Chainflip
Associated Press
2 days ago
- Business
- Associated Press
Chainflip to Introduce Native BTC Lending and Cross-Chain Liquidity Loans, Opening a New Era for DeFi
Chainflip, the decentralised cross-chain protocol that has processed over $3 billion in swap volume, today announced the upcoming launch of its most ambitious product vertical yet: Native Bitcoin Lending and Cross-Chain Liquidity Loans. These upcoming systems, Generalised Lending (CGL) and Chainflip Liquidity Lending (CLL), will mark the first time that users can borrow and lend native BTC and other major crypto assets permissionlessly across chains without relying on wrapped tokens, bridges, or centralised intermediaries. 'This is one of the most important steps forward for Chainflip and for DeFi. Lending has always been missing a truly native cross-chain solution to service the BTC market. Chainflip is perfectly poised to blow that market wide open,' said Simon Harman, CEO of Chainflip Labs. Solving a Core Problem in DeFi Lending While DeFi lending has grown significantly on chains like Ethereum, most products that offer BTC lending rely on wrapped or bridged assets. This poses a serious limitation, as wrapping assets is often treated as a taxable sale, and existent wrapped BTC products, like WBTC or cbBTC are tied to centralised custodians. Despite this, Aave currently holds over $4.3bn in WBTC collateral-showing the demand for BTC-collateralized loans is massive. Chainflip will solve this by enabling true native BTC lending, directly from its threshold signature vaults, secured by a permissionless validator network. This native approach bypasses the need for wrapped tokens entirely. Introducing Generalised Lending (CGL) The first phase of the rollout, Generalised Lending, brings a familiar model to users: lend or borrow supported assets (BTC, ETH, SOL, USDC, USDT, etc.) directly via Chainflip infrastructure. This system positions Chainflip as the cross-chain equivalent of Aave, but with native BTC support and significantly improved capital efficiency through built-in swap markets. Introducing Chainflip Liquidity Lending (CLL) The second phase introduces short-term liquidity loans for market makers. By leveraging lending pools, LPs can borrow on demand to fill large swaps without holding all the required inventory. This significantly boosts protocol liquidity, increases trading capacity, and allows a small set of LPs to quote across many assets at once. CLL enables: This system aligns passive lenders and active market makers, improving execution speed, slippage, and capital utilisation-all with native BTC support. Protocol Revenue and Tokenomics With projected demand between $100M to $5B in outstanding loans and protocol fees of 20-30%, Chainflip anticipates to generate $1M-$100M in new annual revenue, directly enhancing FLIP token value via buy-and-burn or staking rewards under FLIP 2.0 reforms. All lending fees-origination, interest, and liquidation-contribute to protocol revenue. A Major Leap for Cross-Chain DeFi Chainflip's lending products will open up major opportunities: 'With native BTC swaps, lending, and liquidity all in one system integrated into Chainflip, we're hoping to redefine what's possible in decentralised finance,' said Harman. Rollout Timeline About Chainflip Chainflip is a decentralised cross-chain swapping protocol that enables seamless, noncustodial swaps between native assets like BTC, ETH, SOL, and USDC. Powered by a 100-of-150 validator threshold signature network, it combines intent-based execution with smart liquidity routing, giving users and builders access to real native assets without wrapped tokens or bridges. Learn more at:
Associated Press
30-07-2025
- Business
- Associated Press
Chainflip Unlocks One-Click Cross-Chain Swaps for Polkadot with Asset Hub Integration
Polkadot-native assets now trade seamlessly with BTC, ETH, and USDC across ecosystems SAN FRANCISCO (07/30/2025) -Chainflip, the decentralized exchange pioneering seamless, native cross-chain swaps, today announced a strategic collaboration with Velocity Labs to integrate Polkadot's Asset Hub directly into the Chainflip network. The move simultaneously deepens stablecoin markets and exposes every Asset Hub token to the full range of blockchains already supported by Chainflip, transforming Polkadot liquidity into a universal, cross-chain pool. Traders now enjoy one-click access to deeper markets, while protocols can tap friction-free, asset-agnostic liquidity to build capital-efficient, multichain applications, without wrapping, synthetic assets, or traditional bridging. Through this integration, Chainflip enhances its offering by providing frictionless access to Polkadot's growing stablecoin ecosystem. Users can now swap seamlessly between Polkadot-native USDC and Ethereum-native USDC or USDT, unlocking greater liquidity flows into and out of the Polkadot Asset Hub. 'Stablecoins are quickly becoming the cornerstone of decentralized finance, but their real power emerges when they and other native assets move freely across chains,' said Simon Harman, CEO of Chainflip. 'With Asset Hub integrated into our intent-based AMM, users gain unmatched stablecoin swaps execution and seamless swaps for BTC, ETH, and beyond.' Key benefits of the integration include: Supported pairs at launch: hubUSDC, hubUSDT, BTC, ETH, USDC 'We've been working on improving native stablecoin accessibility on Polkadot and Chainflip's cross-chain swap infrastructure was the best solution for this,' said Nicolas, CEO of Velocity Labs - 'Chainflip minimizes onboarding friction for both retail and sophisticated users, enabling direct access to native assets on Polkadot in a fast, safe and seamless way.' By seeking efficient cross-chain markets without centralized dependencies. As part of this initiative, the integration is now live in SubWallet, a leading wallet in the Polkadot ecosystem. Polkadot users can now perform seamless cross-chain combining Polkadot's shared security with Chainflip's advanced swapping technology, the integration offers a powerful, trustless platform ideal for both traders and liquidity providers swaps - such as those enabled by Chainflip - with a single click directly from SubWallet's browser extension or mobile app, enjoying deep liquidity and an intuitive interface. By combining Chainflip's powerful swapping engine with Polkadot's XCM technology, users can even execute one-click cross-chain swaps from Bitcoin or Ethereum to Asset Hub within SubWallet, delivering a smooth and efficient experience from start to finish. 'Integrating Chainflip directly into SubWallet allows us to abstract away much of the underlying complexity of cross-chain swaps while leveraging Polkadot's XCM and Asset Hub infrastructure. Users can now interact with Bitcoin, Ethereum, and Polkadot-native assets in a unified interface, without ever needing to leave the wallet. This is a strong example of how modular interoperability can translate into real utility for end users.' - said Hieu Dao, Co-founder & CEO of SubWallet. About Polkadot Polkadot is the secure and interoperable core of Web3, connecting diverse blockchain ecosystems into a unified, modular network. With its advanced architecture and shared security model, Polkadot enables developers to create specialized blockchain applications with pooled security and transparent governance, fostering a vibrant ecosystem where participants actively shape the network's future. About Chainflip Chainflip is a decentralized cross-chain AMM protocol providing seamless, permissionless swaps between native blockchain assets. Unlike traditional solutions, Chainflip eliminates the risks and limitations associated with wrapped tokens and bridging intermediaries. Powered by its unique intent-based Automated Market Maker (AMM) technology, Chainflip delivers unmatched capital efficiency, deep liquidity, and a superior user experience. Users enjoy secure transactions and maintain full custody of their assets at every step, empowering them with effortless access to a growing variety of cross-chain markets. About SubWallet SubWallet is the most widely used noncustodial wallet for the Polkadot ecosystem, with over 2 million installs and 1 million active users. Supporting Bitcoin, Ethereum, TON, Cardano and 150+ networks, SubWallet offers seamless multichain access across browser extension, mobile app, and web dashboard. With 1-click cross-chain transfers and deep ecosystem integrations, SubWallet is building the gateway to the Web3 multiverse - where connectivity is easy, secure, and truly user-first. SubWallet is proudly backed by the Polkadot Treasury, Moonbeam Foundation, and the Polkadot Alpha Program. Media Contact Jonathan Duran [email protected] Shaun Janse van Vuuren [email protected] Hieu Dao [email protected]
