Recently, when I came across the announcement from JustLend DAO regarding the launch of WBTC, I was lounging on the sofa sipping coffee. My first thought was: Finally, BTC holders have more options. After all the effort to accumulate some Bitcoin, I wanted to hold onto it for peace of mind, and now it can also be used for lending on TRON, earning some extra yield. Isn't this the ideal rhythm we ordinary people on the chain, who are always hoping for 'money to make money' without wanting to fuss around, have been looking for?
As an old player in the crypto space for several years, having seen many pitfalls in bridging and DeFi, I couldn't help myself and transferred some WBTC to the platform last night to test the waters. The operation went surprisingly smoothly. Today, I took some time to discuss this matter and also talk about its actual impact on retail investors and the entire TRON ecosystem. It's not some high-level analysis, just a sharing of experiences among friends. The data comes from Dune Analytics and the official dashboard, so the accuracy is reliable.
The core gameplay of WBTC launching on JustLend, why is it worth your attention?
Let’s first clarify the background: WBTC is the 'mirror version' of Bitcoin on Ethereum, pegged 1:1 to BTC, and is custodied by institutions like BitGo. The total supply is currently stable at over 150,000 coins, with locked value easily exceeding 10 billion USD. After launching JustLend DAO, you can directly use WBTC as collateral to borrow other assets or deposit to earn interest, all completed within the TRON ecosystem without the cumbersome fees and delays of cross-chain bridging.
Last night, I deposited 0.01 WBTC (about 900 USD), and the platform showed the borrowing interest rate fluctuating between 2-4% APY, depending on market supply and demand. In terms of borrowing, you can exchange it for TRX or USDT, with flexible leverage. What's more stable is that JustLend uses a dynamic interest rate model for liquidation, so it won’t force sell like some protocols do when the market fluctuates—keeping LTV (loan-to-value) below 70%, providing a wider risk window.
For BTC holders, the greatest value of this move lies in 'activating dormant assets'. Bitcoin is indeed digital gold, but it doesn’t generate interest. In the past, to get it moving, one had to bridge it to Ethereum (where gas fees are painfully high and delays are long), or just wait for K lines. Now on TRON, with TPS consistently over 2000+, the cost of a single transaction is less than 0.01 USD, allowing your BTC to retain value while passively earning extra cash. After I finished depositing last night, the system confirmed it in seconds and the earnings started rolling in immediately—much better than just HODLing.
A 'small upgrade' in the TRON ecosystem, liquidity depth has surprising benefits.
Looking at the big picture, this is not just about JustLend; it's also about completing the TRON DeFi landscape. The total TVL of TRON is currently around 8 billion USD, with JustLend accounting for over 40%. In the past, what TRON lacked was the deep integration of cross-chain high-quality assets like WBTC. BTC liquidity is already the strongest, and now with seamless entry, the outflow effect of capital is immediate.
For example, JustStable (TRON's stablecoin protocol) now supports using WBTC as collateral to mint USDJ, with an interest rate range of 3-5%. On its first day online, the borrowing volume of WBTC surged to 5 million USD. The community response has been enthusiastic; I saw many people sharing in the Telegram group: after depositing WBTC, they borrowed USDT and then went to SunSwap to provide liquidity, with annualized returns exceeding 10%. For retail investors, the gameplay has increased—conservative players choose borrowing, while aggressive players opt for layered mining; for the ecosystem, slippage decreases and trading becomes smoother. The 'DeFi popularization' that Sun has promoted over the years seems to have truly taken root.
TRON has over 1 million daily active users, but there is still room for improvement in DeFi participation rates. The launch of WBTC is just right to attract a batch of BTC holders to join, and the TVL growth curve is expected to be steeper.
Of course, it’s not without risks, we need to talk about the pitfalls.
WBTC is stable, and it is also a bridging asset. The security of the custodian BitGo needs to be continuously monitored (they use 100% cold storage and a multi-signature mechanism, but there are always concerns in the quantum era). TRON has a large user base, but the depth of DeFi is not as strong as Ethereum’s. Although the liquidation mechanism is reliable during market fluctuations, one still needs to manage positions well.
If you are a beginner, don’t dive in with all your funds at once—start with a small amount to familiarize yourself with the lending curve. Market data can be viewed on Dune, and the TVL of the WBTC pool is surging rapidly with noticeable capital inflow, but don’t overlook macro factors: if BTC pulls back, interest rates will fluctuate as well.
Advice for retail investors: Low entry threshold, easy to start.
Entry requirement: Minimum deposit of 0.001 WBTC (approximately 90 USD), connect to the official TronLink wallet, and get started easily in 5 minutes.
Risk control: Do not exceed a borrowing ratio of 70%, pay more attention to LTV during volatile periods, and set price alerts.
Layered strategy: Deposit WBTC and borrow USDT, then go to JustSwap for mining to achieve double-layer returns. Annualized rates of 8-12% are common, depending on the market.
Data tracking: Search for 'JustLend WBTC' on Dune Analytics, where real-time TVL and interest rates are clear at a glance.
My personal allocation is: 70% of the position for lending, 30% for liquidity mining. Last night, I earned 2.3 USD overnight—though it's a small amount, it adds up over time.
Conclusion: Activate value, it starts from here.
The launch of WBTC on JustLend is not a revolutionary change, but it truly makes the value of BTC 'liquid' and brings DeFi closer to us. TRON is known for its efficiency and low cost, and this step is stable and practical. If you have idle BTC, you might as well give it a try—who knows, this could be the next assured small wave.@Justin Sun孙宇晨 #TronEcoStar
