According to @jessepollak, traders can now instantly borrow up to $1 million against their Bitcoin on Coinbase, leveraging a fully onchain process powered by Base, MorphoLabs, and USDC. This integration streamlines access to high-value crypto-backed loans, enhancing liquidity for active traders and enabling rapid capital deployment without off-ramping assets. The use of smart wallets and onchain infrastructure reduces settlement friction and counterparty risks, providing a secure and transparent lending environment (Source: @jessepollak, Twitter, May 20, 2025).

According to @jessepollak, onchain lending is experiencing a significant surge in activity on the Base network, with rapid user adoption and increasing transaction volumes reported (source: Twitter, May 3, 2025). Traders should monitor emerging lending protocols on Base for potential liquidity opportunities and yield variations, as the influx of users may influence token prices, lending rates, and collateral dynamics across decentralized finance platforms.