Binance Wallet Introduces New Web3 Loan Feature for On-Chain Borrowing

Published on 2025-12-17 11:00

This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. 

Fellow Binancians,

Binance Wallet is excited to announce the launch of Web3 Loan, a new on-chain borrowing feature now available on the Web3 Earn page.  

Web3 Loan enables users to directly access third-party protocols, to borrow crypto using their existing assets as collateral, unlocking liquidity and new earning strategies through a seamless integration. This integration brings the full benefits of decentralized borrowing and lending directly into the Binance Wallet interface.

Key Features:

  • Borrow to Earn: Use your assets as collateral and access liquidity and new earning opportunities without selling your holdings.

  • Multi-Asset Collateral: Deposit various mainstream assets as collateral on the BNB Chain.

  • Provided by Venus Protocol: Web3 Loan is integrated with Venus, a leading lending protocol on BNB Chain with deep liquidity, supporting over 40 assets and more than $2.2B in the core pool. This integration enables users to borrow and lend directly through Venus lending pools within the Binance Wallet interface. Supported assets at launch include:

    • Collateral Asset: BTCB, ETH, USDT, USDC, FDUSD, WETH

    • Borrow Asset: USDT, USDC, BNB

Exclusive Venus Loan Campaign

Binance Wallet will soon launch an exclusive loan campaign with Venus. Borrow assets through the Web3 Loan Venus vault to earn 400,000 USDT in rewards and enjoy preferential rates. 

For more details, please visit the campaign page.

Explore Binance Wallet Web3 Loan Now!

How to Access Web3 Loan

  1. Open Binance Wallet.

  2. Tap the Earn icon to access Web3 Earn.

  3. Go to [Simple Yield], and select [Loan], then choose assets you want to borrow with.

  4. Start borrowing with your eligible collateral and borrow desired assets.

Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-12-17

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning:Binance Wallet supports access to a third-party Web3 loan protocol via an API integration solely as a technology solution. Binance Wallet does not originate, guarantee, arrange or underwrite any loans, nor does it assume any responsibility or liability for the performance of the Web3 loan protocol or any of its users. Users acknowledge and agree that all lending and borrowing activities are conducted directly with the third-party protocol, subject to its own terms, conditions, and risks, including but not limited to smart contract vulnerabilities, market volatility, and regulatory uncertainties. Binance Wallet strongly recommends that users conduct their own due diligence and understand the risks involved before participating in any Web3 loans. By using this API, users accept that Binance Wallet is not liable for any losses or damages arising from the use of the Web3 loan feature. For more information, see our Terms of Use and Risk Warning.