Chainflip Launches Native BTC Cross-Chain Lending System

According to reports, Chainflip has announced the impending launch of a native Bitcoin lending system and a cross-chain liquidity lending system. This system includes Generalized Lending (CGL) and Chainflip Liquidity Lending (CLL), which do not rely on wrapped tokens, bridging, or centralized intermediaries, enabling lending of native BTC and other major assets across chains. This will address long-standing issues in the DeFi lending space, such as taxes on wrapped assets and limitations of centralized custody. Market demand is expected to be between $100 million and $5 billion, with protocol fees ranging from 20-30%, and annual revenue potentially reaching $1 million to $1 billion. CGL is planned for a gradual rollout in the third quarter of 2025, while CLL is expected to launch in the fourth quarter, marking a significant milestone in the development of cross-chain DeFi.