$LIQ - Overview

What Is Liquidium?

Liquidium.WTF is the leading DeFi protocol built on Bitcoin.

Liquidium.WTF is the first and largest peer-to-peer lending protocol on Bitcoin Layer 1. Users can borrow and lend BTC using Ordinals, Runes, and BRC-20s as collateral, secured by PSBTs and a 2-of-3 multi-sig Discreet Log Contract as escrow for fully on-chain, trustless execution.

Lenders can earn yield and borrowers can receive short-term instant liquidity secured by Bitcoin assets as collateral.

What Makes Liquidium.WTF Unique?

Liquidium.WTF stands out as the first DeFi protocol built entirely on Bitcoin. It uses PSBTs and DLCs to support secure and transparent transactions. Bitcoin-native collateral such as Ordinals gives Bitcoin holders ways to unlock liquidity without relinquishing ownership.

History of Liquidium

Founded in August 2022 by Robin Obermaier, Julian Mezger, and Peter Giammanco, Liquidium initially launched as the first lending protocol on Stacks, a Bitcoin side-chain. With the introduction of Bitcoin Ordinals in January 2023, the team pivoted to build directly on Bitcoin Layer 1.

The first version of Liquidium on Bitcoin launched on mainnet in July 2023. Since then, the platform has facilitated over 4,460 BTC, roughly $336 million USD, in total loan volume, executed over 126,000 loans, and paid over 81.26 BTC, roughly $6.6 million USD, in yield to lenders as of May 2026.

What's Next for Liquidium?

Liquidium is focusing on deepening Bitcoin-native lending through Liquidium.WTF.

What Can The Token Be Used For?

LIQUIDIUM•TOKEN is used for governance, allowing token holders to participate in decision-making processes that shape the future of the platform. It can also be used to unlock premium features, receive discounts on platform fees, and earn rewards through incentive programs.

Learn more about Bitcoin Runes in the Ordinals Runes docs.