Binance Wallet launches Web3 Loan with on-chain borrowing via Venus Protocol, enabling crypto-backed liquidity and earn options - IcoHolder.
Binance Wallet has announced the launch of Web3 Loan, a new on-chain borrowing feature now available through the Web3 Earn section. The release allows users to borrow crypto directly via integrated third-party protocols while using existing assets as collateral.
Web3 Loan enables users to unlock liquidity without selling their holdings by accessing decentralized lending and borrowing services directly within the Binance Wallet interface. The feature is designed to simplify interaction with on-chain protocols while maintaining non-custodial control over assets.
The new borrowing feature is powered by Venus Protocol, one of the leading lending platforms on the BNB Chain. Venus provides deep liquidity, supports more than 40 assets, and manages over $2.2 billion in its core pool. Through this integration, users can borrow and lend assets directly from Venus pools without leaving Binance Wallet.
At launch, Web3 Loan supports major assets for collateral and borrowing on the BNB Chain. Collateral options include BTCB, ETH, USDT, USDC, FDUSD, and WETH, while supported borrowing assets include USDT, USDC, and BNB.
The Web3 Loan feature allows users to use their crypto holdings as collateral to access liquidity and pursue additional earning strategies. This approach enables users to remain exposed to their assets while leveraging them for borrowing and yield opportunities.
Binance Wallet has also revealed plans for an exclusive loan campaign in partnership with Venus Protocol. Participants who borrow assets through the Web3 Loan Venus vault will be eligible to earn a share of 400,000 USDT in rewards, along with preferential borrowing rates.
Users can access the new feature by opening Binance Wallet, navigating to the Earn section, entering Web3 Earn, and selecting the Loan option under Simple Yield. From there, eligible collateral can be used to borrow supported assets directly on-chain.
Binance Wallet emphasized that Web3 Loan operates through an API integration with third-party protocols and does not originate, guarantee, or underwrite any loans. All lending and borrowing activities occur directly with the external protocol and are subject to associated risks, including smart contract vulnerabilities, market volatility, and regulatory uncertainty.
The announcement was released on December 17, 2025. Availability of the Web3 Loan feature may vary by region, and all usage is subject to applicable terms and conditions.
