Kaspa.Com, the leading marketplace for Kaspa tokens, NFTs, and domains on the Kaspa ecosystem, today announced the launch of its innovative DeFi Lending & Borrowing Protocol. This new protocol enables users to lend assets to earn competitive interest rates while borrowing tokens to access liquidity without the need to sell their holdings, all powered by the high-throughput Kaspa blockchain.
--Building on nine months of community trust and development, the Kaspa.com DeFi protocol introduces a seamless, user-friendly experience for decentralized finance on Kaspa. Key features include:
- Lending for Yield: Users can deposit assets into lending pools to earn interest, contributing to a dynamic ecosystem where liquidity providers are rewarded in real-time.
- Borrowing with Collateral: Borrow against held assets like $KAS without liquidation risks from selling, allowing users to maintain exposure to price appreciation while accessing capital.
- Integrated Swap Functionality: Complementing the lending tools, users can swap tokens via a Uniswap V2-style decentralized exchange, with token creation and liquidity provision tools for enhanced usability.
- Ultra-Fast and Secure: Leveraging Kaspa's GHOSTDAG protocol for parallel block processing, the platform achieves sub-second transaction finality and high throughput, making it the fastest and most secure DeFi environment available.
The protocol is now live on public testnet, accessible at dev-defi.kaspa.com/lending for lending and borrowing, and dev-defi.kaspa.com/swap for token swaps. This milestone follows KaspaCom's smart contracts roadmap, which positions the platform as a frontrunner in bringing real DeFi utility to the Kaspa community.
In a strategic partnership with Quex Tech, Kaspa.com integrates verifiable off-chain data feeds secured by hardware-level cryptography, ensuring tamper-proof price information and enhanced security for all transactions. This collaboration underscores KaspaCom's commitment to scalable, trustworthy DeFi solutions.
"We’re thrilled to deliver this lending and borrowing protocol to the Kaspa ecosystem, empowering users to borrow against their $KAS holdings while staying fully within our secure, community-driven platform," said Sione, Founder and CEO of Kaspa.com. "This is about unlocking true financial freedom—fast, efficient, and without compromises."
The launch comes amid growing excitement in the Kaspa community, with the protocol poised to capture liquidity and onboard the next wave of users to decentralized finance on one of the most innovative proof-of-work blockchains. Kaspa.com continues to lead as the go-to hub for Kaspa-based assets, with plans for further expansions in DeFi tools and integrations.
For more information or to join the testnet, visit dev-defi.kaspa.com or follow @KaspaCom on X.
About Kaspa.com
Kaspa.com is the premier community-built marketplace for tokens, NFTs, and domains on the Kaspa blockchain. Dedicated to fostering DeFi innovation, Kaspa provides intuitive tools for swapping, lending, borrowing, and asset management, all on the world's fastest proof-of-work network. For more details, visit kaspa.com or join the Telegram community at t.me/KaspaCom.
Contact Info:
Name: Kaspa.com Press Team
Email: Send Email
Organization: Kaspa.com Press Team
Website: https://kaspa.com
Release ID: 89167036