Sats Terminal Integrates Morpho Into Borrow, Expanding DeFi Borrowing Options for Bitcoin Holders

San Francisco, USA, Thu, Jan 15, 2026 — Sats Terminal has integrated Morpho into its Borrow platform, enhancing decentralized finance (DeFi) options for bitcoin holders.

This integration allows users to leverage bitcoin as collateral to access stablecoin liquidity through Morpho, directly from the Borrow interface. Users can examine loan details such as loan-to-value (LTV), interest rates, fees, collateral requirements, and liquidation parameters before finalizing transactions from their wallet.

Sats Terminal maintains a non-custodial interface, allowing users to sign transactions directly from their wallet, while the borrowing activity is executed through the underlying protocol. Both centralized and decentralized borrowing options are available for comparison, providing users with a clear view of trade-offs.

Bitcoin-backed borrowing has often been fragmented. By integrating Morpho, Sats Terminal enhances the DeFi borrowing options available within Borrow while ensuring a consistent user experience.

compare DeFi borrowing options review loan terms before signing borrow without selling their bitcoin maintain control of their keys throughout the process

The Morpho integration supports bitcoin-native flows where feasible and wrapped BTC where necessary, making the mechanics explicit to the user.

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. The Borrow platform manages all steps, eliminating the need for users to handle bridging, protocol interactions, or smart contracts.

Launched in 2022, Morpho has become a widely used lending protocol in DeFi, leading in monthly active users with a 44% share and securing several billions in total value locked (TVL). Morpho operates decentralized finance in the background while offering users a familiar interface. It is accessible through large-scale integrations across the crypto ecosystem.

#1 DeFi lending protocol by monthly active users (44% MAU share) $1B+ in active loans via the Coinbase integration User growth from 67,000 to 1.4M users in 2025

By integrating Morpho into Borrow, Sats Terminal provides bitcoin holders access to a proven DeFi lending layer while preserving a wallet-first, non-custodial borrowing experience.

Sats Terminal is a Bitcoin-native borrowing and trading platform that combines centralized and decentralized liquidity through a single, wallet-first interface. Borrow by Sats Terminal enables users to compare BTC-backed borrowing options with clear visibility into terms before signing.

Sats Terminal is supported by YZi Labs, Coinbase Ventures, and Draper Associates.

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.

Based on reporting by TechBullion.