CandleFocus

DeFi lending on Liquidium hits 4-month high as Bitcoin soars past $100K

The DeFi lending platform Liquidium, which is based on Bitcoin, has reached a four-month high with 21 BTC in loans on December 5th. The platform has seen a year-long upward trend and has facilitated over 63,000 loans totaling more than 3,378 BTC. Runes is the dominant asset on the platform, accounting for over half of all collateral. Liquidium is set to launch new features to streamline the user experience, including an instant loans feature and a gallery-like interface for borrowers and lenders to create and customize loan offers. The platform's native token, LIQUIDIUM, has also seen a 25% increase in value. Liquidium's growth and planned advancements position it as a key player in the expanding Bitcoin DeFi ecosystem.

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