collateral

A report jointly released by the Bitcoin collateral lending platform CoinRabbit and the computing power platform GoMining points out that managing Bitcoin is more important than mining it. As the block reward drops to 3.125 BTC and the overall network difficulty approaches historical highs, low electricity prices and high uptime only constitute a survival baseline. What truly differentiates mining companies is the method of handling Bitcoin after it is mined.The report suggests that mining companies are shifting from direct sales to collateralized lending to cover recurring expenses such as electricity, custody, and labor. This approach retains exposure to holding Bitcoin while generating cash flow, avoids taxable sales, and preserves the deduction space for operating expenses. The trade-off is that mining companies simultaneously bear the dual risks of price and liquidation when Bitcoin prices decline.Jeremy Dreier, Chief Business Development Officer of GoMining, stated that the miners who can succeed after the halving are those who operate efficiently and have set aside cash in advance for this purpose. The current decline in Bitcoin prices has actually lowered the cost of increasing computing power, creating a window of opportunity for investing in expanding mining machines.

Binance will add 10 bStocks tokens on July 22, 2026, at 21:30---South Korea Bull 3X ETF (KORUB), AXT (AXTIB), CoreWeave (CRWVB), Direxion MU Bull 2X ETF (MUUB), GraniteShares 2X Long MRVL ETF (MVLLB), Tradr 2X Long SNDK ETF (SNXXB), GraniteShares 2X Long INTC ETF (INTWB), ProShares UltraPro QQQ (TQQQB), Quantinuum (QNTB), and Oracle (ORCLB)---as qualified collateral assets. Users can use these tokens as margin collateral to expand the collateral options for margin trading.

Ostium released an update on the attack incident. Its liquidity provider fund was attacked on July 15, resulting in a loss of 23,752,746 USDC. Preliminary investigations indicate that the attacker compromised the off-chain infrastructure that provides price data to the protocol and submitted disguised illegal price reports, extracting artificially generated profits from the fund by quickly opening and closing multiple large positions.Ostium stated that traders' collateral is stored in independently isolated smart contracts and was not affected by this incident, with all trading positions remaining open. The team paused trading and froze all trading contracts within 60 minutes after the first attack transaction occurred. Currently, Ostium is collaborating with Mandiant, zeroShadow, Collisionless, SEAL 911, and law enforcement agencies, coordinating with trading platforms, bridging contracts, and stablecoin issuers to advance the investigation. The engineering team is focused on repairing and strengthening the relevant infrastructure to support the secure resumption of trading.Ostium indicated that it will notify at least 24 hours in advance before unfreezing the trading contracts. After trading resumes, existing positions will be marked at the price at the time of reopening, unaffected by price fluctuations during the pause. Addressing the affected liquidity providers and securely resuming trading remains the current top priority.

According to a report by The Defiant, data from Token Terminal shows that the on-chain trading activity of tokenized stocks and their use in lending and collateralization are both on the rise, but they still account for a small proportion of the overall DeFi market. Specifically, the on-chain spot DEX for tokenized stocks has reached a cumulative trading volume of $1.8 billion over the past 90 days, while the lending market has a deposit scale of approximately $23 million.In detail, on-chain trading volume is mainly concentrated on BNB Chain and Solana, accounting for 47.3% and 45.5% of the trading volume over the past 90 days, respectively; by asset classification, tokens tracking QQQ and SPY account for 40.5% and 40.4% of the total trading volume. In terms of lending collateral, xStocks accounts for 86.5% of the issuer's share, Solana accounts for 85.5% of the on-chain share, and Kamino accounts for 82.6% of the protocol share.The report also points out that compared to Uniswap's monthly trading volume of approximately $45 billion and xStocks' TVL of about $330 million, the current scale of tokenized stocks in terms of both trading and collateral usage is still at a low base.

According to official news, the decentralized derivatives trading platform Aster has announced the launch of spot trading for tokenized stock $SKHYB, and today it has started a week-long position and trading activity, sharing a prize pool of $15,000 in $SKHYB.According to the activity announcement, the Aster platform now supports bStocks assets as collateral for perpetual contracts. After enabling multi-asset mode, users can convert the deposited $SKHYB into collateral assets at up to 90% of market value. This means users can participate in trading in any perpetual contract market without having to sell the underlying stocks, aiming to leverage the advantages of multi-asset margin to effectively enhance users' capital utilization efficiency.It is reported that bStocks are tokenized securities issued by BTECH Holdings, which achieve a 1:1 peg with the underlying stock assets held by regulated custodians.

Binance will add 10 bStocks tokens as eligible collateral assets on July 15, 2026, at 21:30. These include Applied Optoelectronics (AAOIB), Arm (ARMB), Broadcom (AVGOB), Alibaba (BABAB), Robinhood (HOODB), IBM (IBMB), Marvell Technology (MRVLB), Nokia (NOKB), Rocket Lab (RKLBB), and TSMC (TSMB). Eligible users can use these tokens as margin collateral, expanding the collateral options for margin trading.

According to the official announcement, Bitget's staking and borrowing section has added support for 39 stock tokens (rToken) as collateral assets. The newly listed targets include popular US stocks and ETFs such as rAMD, rSMH, rARM, and rSKHY, covering diverse categories like semiconductors, finance, healthcare, and energy.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features are now available on the web, and the app version is expected to be launched within this week. Specific collateral parameters and more details can be found on the Bitget official platform.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools like NASDAQ and NYSE through cooperation with compliant broker Alpaca. Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits), and the ability to use holdings as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Binance will add SK Hynix (SKHYB) as a qualified collateral asset on July 13, 2026, at 21:30. Users can use this token for margin trading under the full margin leverage, unified account model, and unified account professional version.Please pay attention to Binance's subsequent announcements for the latest updates.

According to PR Newswire, the US-listed Bitcoin treasury and AI data center company Hyperscale Data has disclosed that it has recently increased its BTC holdings again, and as of now, its Bitcoin reserves have surpassed 1,000 coins.The company's management revealed that it plans to use Bitcoin as a potential collateral for financing in the future, and to achieve balance sheet diversification alongside cash and other strategic assets.

According to CoinDesk, the Japanese listed company Metaplanet is collaborating with the yen stablecoin issuer JPYC and the security token platform Progmat to research digital credit products using Bitcoin as collateral.

According to the official announcement, the Bitget staking and borrowing platform has now added support for stock tokens (rToken) as collateral assets. The first batch includes 26 popular US stocks and ETF tokens such as rNVDA, rAAPL, rGOOGL, and rQQQ, covering sectors like technology, semiconductors, and index funds.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features have been launched on the web, and the app version will be available next week.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant broker Alpaca. Its features include: 1:1 reserves of the underlying assets managed by a licensed custodian, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and the ability for positions to serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Binance will add 10 bStocks tokens on July 7, 2026, at 21:30 --- Alphabet (GOOGLB), Qualcomm (QCOMB), Coinbase (COINB), State Street SPDR S&P 500 ETF Trust (SPYB), Western Digital (WDCB), Corning (GLWB), Nebius (NBISB), Semicon Bull 3X ETF (SOXLB), Roundhill Memory ETF (DRAMB), and Cerebras (CBRSB) --- as eligible collateral assets. Qualified users can use these tokens as margin collateral.

According to Cointelegraph, Kraken has begun allowing eligible users to use certain tokenized stocks and ETFs as collateral for futures and margin trading, enabling them to open leveraged positions without selling their related holdings.The first batch supports 10 types of tokenized stocks and ETFs, including Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. This feature is currently only available to eligible users outside the United States.Kraken has also set collateral limits for different assets, with a maximum collateral value of $1 million for large-cap ETFs, $250,000 for most individual stocks, and $100,000 for tokenized gold and Circle stocks. The platform stated that collateral limits and collateral discount rates will be reviewed regularly and may be adjusted based on market conditions.

On July 3, 2026, Binance added 15 bStocks tokenized securities as qualified collateral assets, which users can use as margin collateral.The newly added tokens include Circle (CRCLB), Micron (MUB), NVIDIA (NVDAB), and others. This feature is only available to VIP 3 and above users in approved jurisdictions.

According to The Block, the Paradigm-supported protocol Symbiotic has officially launched Symbiotic Core V2, transforming from a restaking protocol into infrastructure aimed at the DeFi collateral market.Core V2 allows various applications such as insurance, credit, and RWA to share a single collateral pool, with each vault able to independently set risk parameters, asset types, positions, and loss conditions, enforced on-chain. Idle funds can be automatically routed to blue-chip lending protocols like Aave and Morpho to earn base yields, and can be called upon when performance is required.The first product based on Core V2, Liquid Lane, has been used for RWA instant settlement, supporting the early redemption of various tokenized assets for stablecoins; Nexus Mutual plans to use it as reinsurance capacity, while Cap is used to expand institutional credit guarantees.Symbiotic has previously completed approximately $29 million in Series A funding and $5.8 million in seed funding.

According to the official announcement, Binance will update the collateral rates for assets such as XRP and HBAR in Portfolio Margin and Portfolio Margin Pro starting from July 3, 2026, at 06:00 (UTC), and will adjust the leverage and margin levels for multiple U-based perpetual contracts, involving contracts such as BICO USDT, FF USDT, DEXE USDT, VANRY USDT, TREE USDT, TLM USDT, AGLD USDT, MUBARAK USDT, RARE USDT, OGN USDT, and AVA USDT. The adjustments are expected to be completed by 06:30 (UTC).

XRPLRipple is actively promoting the addition of a layer of lending infrastructure on the XRP Ledger (XRPL), enabling institutions to use on-chain tokenized assets as collateral for financing, while the loan terms are automatically executed by the protocol, with credit assessments and lending decisions still made by off-chain institutions.According to reports, the proposal is named the XRPL Lending Protocol (corresponding to the XLS-65 and XLS-66 standards), which is currently still in the technical draft stage and must be approved through validator voting before it can go live on the mainnet, but it is already available for developer testing on the test network.The design of the protocol splits the lending process into two parts: on-chain mechanisms responsible for fund pool management, interest calculation, repayment execution, and default handling; while borrower credit assessments and loan term settings remain with traditional financial institutions to meet compliance requirements in different jurisdictions.Ripple states that this mechanism is primarily aimed at institutional short-term liquidity needs, such as in cross-border payment scenarios, where temporary financing is obtained through stablecoins or collateralized assets before settlement, to enhance capital efficiency.Analysts believe that this solution attempts to introduce a "rule-based lending infrastructure" similar to traditional finance while maintaining the open network attributes of XRPL, but it still faces competition from established on-chain lending protocols like Aave, Compound, and Maple.

According to CoinDesk, Tether stated that XAUT is backed 1:1 by physical gold stored in Swiss vaults, with each token corresponding to 1 troy ounce of gold, currently corresponding to approximately $23 billion in gold reserves.Ledn stated that the XAUT used by users for collateral will continue to be held at a 1:1 ratio and will not be lent out or used to generate income.