Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Now the on-chain lending is all about packaged assets—WBTC, renBTC, which are used as collateral to borrow liquidity.
The slogans of this wave of BTCFi projects are basically all "Let native BTC work," but in the end, they are still packaged into tokens like aBTC, bBTC, and then thrown into the lending pool for circulation. In other words, they are still trapping BTC.
If Aave could really support native BTC collateral directly, that would truly open up this path. There would be no need to go around in circles with wrapping protocols; using real BTC to borrow money and do things directly would completely change the imaginative space for the entire BTCFi ecosystem.
What was promised about using native BTC directly, but it turns out you still have to wrap it up, isn’t it funny?
If Aave really dares to accept native BTC, then it would be paving the way, otherwise, they are just messing around.
It sounds appealing, but it's actually just old money in a new guise.
If Aave could really directly utilize native BTC, that would be revolutionary; right now, it's just changing the soup but not the medicine.
aBTC, bBTC and so many other things are just everywhere, but they are not BTC itself.
Here they come again, trying to convince us they want to transform Bitcoin; I don't believe you at all.
Why not just go directly on-chain with BTC? Why go through such a big circle?
It was promised that "BTC would do the work," but in the end, it's still being drained by various protocols.
Here’s a joke: BTCFi claims it wants BTC to be productive, but then they just create a bunch of new tokens. So in the end, you still have to trust another group’s smart contracts? Might as well just use BTC directly for loans.
If Aave actually pulls this off, it could really change the game.
sBTC, aBTC—are these things even serious? Feels like just another round of nesting dolls.
Honestly, native BTC collateral is the right path; everything else is just a temporary workaround.
---
If Aave can really directly handle native BTC, that would be groundbreaking, but now it's all just paper tigers
---
Packaging protocols are just vampires, the old trick of middlemen making a profit
---
Promised to let BTC work, but in the end, it's still playing the token game, I laughed
---
That's why I don't touch BTCFi, it's all illusory liquidity
---
Wait, is Aave really going to support native BTC? That would truly change the game
---
Going in circles, it's just about making BTC stay on-chain for a few more seconds, just transaction fees
---
From WBTC to aBTC, went around in a circle and came back, a typical crypto world trap
Agreed to let BTC work, but in the end, it still needs to be packaged first. Isn't this just changing the soup but not the medicine?
Wait for the signal from Aave, the real breakthrough is right here.
Well, they keep repeating the wheel. Maybe we can see something different when Aave truly supports it.
That's right, it's all just a game of packaged protocols now, exhausting and thankless.
These aBTC, bBTC are essentially no different from WBTC, just adding another layer of risk.
It's always been like this, shouting loudly but shrinking back when it comes to action. BTCFi is still a long way off.
The mindset of playing on-chain lending is a bit tiring; after nesting dolls for so long, it's still the same.
If Aave really dares to support native BTC collateral, I am somewhat looking forward to it.
We still have to wait for true innovation to appear; right now, it's all just changing the soup without changing the medicine.
---
If Aave could really directly utilize native BTC, I would believe it, but now it's all virtual.
---
This packaging of assets has been played out; how long will they keep deceiving?
---
Sounds good, but it's still just a change of soup without a change of medicine; no one dares to touch the real Bit.
---
In my opinion, these projects are just collecting an IQ tax; is integrating native BTC really that simple?
---
Waiting to see Aave's actions; right now it's all just hot air.