PANews reported on August 21st that Chainflip will launch native Bitcoin lending and a cross-chain liquidity lending system, including Common Lending (CGL) and Chainflip Liquidity Lending (CLL). These systems will enable cross-chain lending of native BTC and other major assets without relying on wrapped tokens, bridges, or centralized intermediaries. This will address long-standing issues in the DeFi lending space, such as wrapped asset taxation and centralized custody restrictions.

Demand is expected to reach $100 million to $5 billion, with protocol fees of 20-30%, generating annual revenue of $1 million to $100 million. CGL is planned to be rolled out gradually in Q3 2025, with CLL expected to launch in Q4, marking a significant milestone in the development of cross-chain DeFi.