ChaChing Launches the “AAVE for Bitcoin” with Arch

ChaChing Launches the “AAVE for Bitcoin” with Arch

ChaChing is partnering with Arch to bring peer-to-pool lending directly to the Bitcoin base layer.

To date, decentralized lending on Bitcoin has been limited to multistep peer-to-peer transactions or required users to bridge their assets to other chains, cutting them off from Bitcoin's $2T liquidity pool.

Previously on Bitcoin, there was no way to execute loans programmatically through smart contracts or to create pooled lending without centralized intermediaries.

ChaChing is able to leverage Arch's bridgeless execution platform to solve these obstacles while introducing the first peer-to-pool lending protocol on Bitcoin, with the added twist of a novel "on-chain reputation" system that can help lenders and borrowers alike.

"ChaChing aims to be the first true ‘Decentralized Bank’ on Bitcoin, allowing users to borrow, lend, earn from, and leverage, their Bitcoin assets,” says Furqs, CEO of ChaChing. 

Key innovations include:

  • Pool-based lending that enables instant access to liquidity
  • On-chain reputation scoring that determines loan terms based on wallet history
  • Support for Bitcoin-native assets including Ordinals, BRC-20s, and Runes as collateral
  • Real-time transparent rates with no hidden fees
  • Non-custodial lending secured directly by the Bitcoin network

This breakthrough represents a significant evolution from existing lending protocols, which are either centralized or require users to bridge their assets to other chains, losing the full liquidity and security of Bitcoin in the process.

"DeFi lending is most powerful when it can tap into deep liquidity while remaining completely non-custodial," Furqs says. "By using Arch's bridgeless execution, we can access speeds far greater than typically is possible on the base layer, allowing us to create an entirely new category of Bitcoin-native financial services."

Bitcoiners can already check their on-chain reputation score at ChaChing.Digital by connecting their Unisat wallet, with opportunities to improve their score by holding tBTC and minting testnet runes on the Saturn DEX.

Want to build on Arch?

About Arch Network 

Arch Network is a bridgeless execution platform designed to enhance Bitcoin's capabilities by enabling fast, secure, and fully verifiable smart contract-like programs. Its bridgeless architecture facilitates role-dependent trust assumptions, including fully trustless use cases on the Bitcoin base layer. With its specialized VM and Decentralized Verifier Network, Arch is helping unlock the full liquidity and programmability of Bitcoin.

About ChaChing

ChaChing is the first decentralized pool lending protocol native to Bitcoin. By combining innovative on-chain reputation scoring with non-custodial lending pools, ChaChing enables users to lend, borrow, and earn yield using Bitcoin-native assets such as Runes, BRC-20s, and Ordinals.

Learn more about ChaChing: 

Website: ChaChing.Digital  

Twitter: @ChachingDgtl