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About Sats Terminal
Sats Terminal is a Bitcoin-native aggregation protocol designed to simplify DeFi for BTC holders. Its core products include Trade, Borrow, and Earn. Trade aggregates liquidity across multiple Bitcoin DEXes to find optimal swap routes for Runes and other BTC assets. Borrow, launched in January 2026, allows users to use native BTC as collateral to borrow stablecoins on chains like Ethereum, BNB Chain, Arbitrum, and Base, all in a non-custodial manner. Earn, expected in March 2026, will let users deposit BTC into yield-generating vaults.
The platform's key value proposition is aggregation and simplification. It solves the pain point of fragmented Bitcoin liquidity across dozens of platforms, wrapped assets, and lending venues. Users avoid the "digital nomad" pattern of switching between exchanges, bridges, and protocols. The system automatically handles routing, bridging, and wrapping, so users keep custody of their keys while accessing cross-chain liquidity.
In the past six months (March to September 2026), Sats Terminal launched its flagship Borrow product in January, and Earn is scheduled for March. The team is also working with wallet providers and trading platforms to embed its routing and lending tools directly into third-party applications. No major negative events have been reported in the last two years.
Over the past six months (2026-03-01 to 2026-09-01), Sats Terminal has made significant strides. In July 2026, it launched on Starknet, powered by Vesu, enabling users to borrow USDC against BTC with market-leading rates. Notably, it introduced negative APR loans (~-2.04% net APR at 50% LTV, up to 86% max), a first in the industry. This integration opened its base of 100,000+ unique wallets to Starknet's BTCfi ecosystem, which includes tBTC staking and auto-looping vaults. The platform also secured backing from Gate Ventures, joining earlier investors like Draper Associates and Coinbase Ventures. Looking ahead, Sats Terminal's roadmap focuses on expanding its non-custodial lending across more chains, deepening BTCfi integrations, and launching new yield-generating products (e.g., Earn), while maintaining its mission to aggregate liquidity and deliver the best rates across Bitcoin DeFi.
Stanislav Havryliuk, Co-Founder & CEO, previously led Customer Support at Bitcoin.com and Ambisafe, with a background in cybersecurity.
Rishabh Java, Co-Founder & CTO, brings technical expertise in Web3 development.