Overview
Granite is a lending protocol on Stacks that enables you to borrow stablecoins against your Bitcoin collateral. By depositing sBTC, you can access dollar-denominated liquidity without selling your Bitcoin, while earning 7.8% APY on deposited assets.APY
7.8% annual percentage yield
TVL
$18.6M total value locked
Asset
sBTC (Bitcoin on Stacks)
Risk Level
Low risk rating
Protocol Type
Lending — Granite specializes in collateralized lending, allowing you to borrow stablecoins against Bitcoin.Key Features
Bitcoin-Collateralized Borrowing
Deposit sBTC as collateral and borrow stablecoins without selling your Bitcoin holdings.Earn While Borrowing
Your sBTC collateral earns 7.8% APY even while being used to back borrowed stablecoins.Maintain Bitcoin Exposure
Access liquidity without giving up potential Bitcoin appreciation.Transparent Rates
All interest rates and collateralization ratios visible on-chain.Low Risk Profile
Conservative loan-to-value ratios and robust liquidation mechanisms protect both lenders and borrowers.Supported Assets
- sBTC — Stacks-wrapped Bitcoin (collateral)
- Stablecoins — Dollar-denominated borrowable assets
How to Use Granite via Staxiq
Risk Assessment
Risk Level: Low
Granite is rated Low Risk due to:- Conservative LTV ratios — Protects against Bitcoin volatility
- Robust liquidation — Automated systems protect lender capital
- Audited contracts — Regular security reviews
- Proven TVL — $18.6M demonstrates market confidence
- Transparent operations — All parameters visible on-chain
- Bitcoin-focused — Purpose-built for sBTC collateral
Performance Metrics
| Metric | Value |
|---|---|
| Current APY | 7.8% |
| Total Value Locked | $18.6M |
| Primary Asset | sBTC |
| Risk Rating | Low |
| Protocol Type | Lending |
| Borrowable Assets | Stablecoins |
External Resources
Visit Granite
Access the official Granite platform for direct lending and borrowing
Why Choose Granite?
- Keep Bitcoin exposure — Borrow without selling BTC
- Earn while borrowing — 7.8% APY on collateral
- Low risk — Conservative approach to lending
- Stablecoin access — Get dollar liquidity instantly
- Transparent — Clear rates and terms
- Proven protocol — $18.6M TVL demonstrates trust
Use Cases
For Bitcoin Holders
- Access liquidity without selling Bitcoin
- Earn yield on sBTC holdings
- Borrow stablecoins for opportunities while maintaining BTC exposure
For Lenders
- Earn 7.8% APY on sBTC deposits
- Conservative risk profile
- Protected by collateralization mechanisms
For Traders
- Use borrowed stablecoins for trading
- Leverage Bitcoin position without CEX
- Maintain long-term BTC holdings while accessing capital
How It Works
Lending
- Deposit sBTC into Granite
- Earn 7.8% APY automatically
- Withdraw anytime (subject to utilization)
Borrowing
- Deposit sBTC as collateral
- Borrow stablecoins up to maximum LTV
- Pay interest on borrowed amount
- Maintain safe collateralization ratio
- Repay loan to reclaim sBTC
Collateralization
- Minimum collateral ratio: Conservative to protect against Bitcoin volatility
- Liquidation threshold: Automated liquidations protect lenders
- Over-collateralization: Required to account for price fluctuations
Best Practices
For Lenders
- Granite offers steady, low-risk yields on sBTC
- Consider it for conservative allocation of Bitcoin holdings
- Monitor utilization rates (high utilization may delay withdrawals)
For Borrowers
- Maintain healthy collateral ratios (well above liquidation threshold)
- Set up alerts for collateral ratio changes
- Have a plan to add collateral if Bitcoin price drops
- Understand interest costs before borrowing
Comparison with Other Lending Protocols
| Feature | Granite | Zest |
|---|---|---|
| APY | 7.8% | 8.2% |
| TVL | $18.6M | $48.2M |
| Focus | Stablecoin borrowing | General lending |
| Risk | Low | Low |