Coinbase expands crypto-backed loans to include HYPE and ZEC
by@Morpho
Summary
Coinbase has partnered with Morpho to offer crypto-backed loans, allowing users to borrow up to $100,000 against their cryptocurrency holdings without needing to sell them. The newly supported assets for borrowing include HYPE and ZEC, which are among several tokens recently added to the collateral list as part of a broader industry trend toward decentralized finance integrations and enhanced lending products on major exchanges.
Tokens
$HYPE$ZEC
Analysis
Coinbase: Coinbase is a leading cryptocurrency exchange and financial platform offering trading, custody, and lending services to retail and institutional users. It has integrated the Morpho protocol to power crypto-backed loans, enabling borrowers to access liquidity against select digital assets. The company recently expanded this loan program to include HYPE and ZEC as eligible collateral options. Crypto Lending: Coinbase has partnered with Morpho to facilitate instant borrowing against cryptocurrency holdings as an alternative to selling. Asset Expansion: Additional tokens are being added to supported collateral lists in major exchange lending products amid broader industry growth in decentralized finance integrations.
Categories
cryptohyperliquidtechdefibaseperps