Sats Terminal Integrates Morpho Into Borrow, Expanding DeFi Borrowing Options for Bitcoin Holders
In Brief
A wallet-first, non-custodial way to borrow against bitcoin, with clear loan terms and side-by-side comparisons, now including Morpho as a DeFi borrowing option.
Sats Terminal today announced the integration of Morpho into Borrow by Sats Terminal, adding Morpho as a new decentralized finance (DeFi) borrowing option within its bitcoin borrowing interface.
The integration allows users to access stablecoin liquidity using bitcoin as collateral through Morpho, directly from the Borrow interface. Users can review key loan details, including loan-to-value (LTV), interest rates, fees, collateral requirements, and liquidation parameters, before confirming from their wallet.
Sats Terminal remains non-custodial at the interface. Users sign transactions directly from their wallet, while borrowing activity is executed with the underlying protocol. Centralized and decentralized borrowing options are presented side by side, giving users a clearer view of trade-offs before committing.
Expanding DeFi borrowing on Borrow
Bitcoin-backed borrowing has historically been fragmented, with users navigating separate platforms, inconsistent terminology, and opaque terms. By integrating Morpho, Sats Terminal expands the set of DeFi borrowing options available within Borrow while maintaining a consistent, transparent user experience.
From a single interface, users can now:
- compare DeFi borrowing options
- review loan terms before signing
- borrow without selling their bitcoin
- remain in control of their keys throughout the process
The Morpho integration reflects how the market operates today, supporting bitcoin-native flows where possible and wrapped BTC where required, while making those mechanics explicit to the user.
How the Morpho integration works
When borrowing via Morpho on Sats Terminal, bitcoin is wrapped and bridged to EVM, where it is used as collateral on the Morpho protocol. Borrowed stablecoins are issued directly by Morpho and delivered to the user’s wallet.
All steps are handled through Borrow’s guided flow, so users do not need to manage bridging, protocol interactions, or smart contracts themselves.
Why Morpho
Launched in 2022, Morpho has quickly become one of the most widely used lending protocols in DeFi. At the time of writing, it leads DeFi lending by monthly active users, accounting for 44% of MAU share, and secures several billions of dollars in total value locked (TVL).
Morpho is designed to operate decentralized finance in the background while users interact through familiar, intuitive interfaces. As a result, millions of users access Morpho through large-scale integrations across the crypto ecosystem.
Recent milestones include:
- #1 DeFi lending protocol by monthly active users (44% MAU share)
- $1B+ in active loans via the Coinbase integration, with nearly $500M in USDC earning yield
- User growth from 67,000 to 1.4M users in 2025 alone
By integrating Morpho into Borrow, Sats Terminal gives bitcoin holders access to a DeFi lending layer that is already proven at scale, while preserving a clear, wallet-first, non-custodial borrowing experience.
Comment from Sats Terminal
“Borrow by Sats Terminal is about making Bitcoin borrowing easier to understand and easier to compare”, said Stan Havryliuk, CEO and co-founder of Sats Terminal. “Integrating Morpho adds a strong DeFi option to Borrow and gives users another transparent way to access liquidity using their bitcoin, all without leaving the interface or giving up control of their keys.”
About Sats Terminal
Sats Terminal is a Bitcoin-native borrowing and trading platform that brings together centralized and decentralized liquidity through a single, wallet-first interface. Borrow by Sats Terminal allows users to compare BTC-backed borrowing options across multiple venues with clear visibility into terms before signing.
Sats Terminal is backed by YZi Labs, Coinbase Ventures, and Draper Associates.
Visit borrow.satsterminal.com
Disclaimer
This announcement is for informational purposes only and does not constitute financial, legal, or tax advice. Borrowing involves risk, including potential liquidation or loss of funds. Sats Terminal is non-custodial at the interface; underlying protocols may involve additional risks. Users are responsible for compliance with local regulations.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
