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Binance has announced the addition of seven new altcoins to its lending products, Flexible Rate Loans and VIP Loans, effective from June 18, 2025. Under the Flexible Rate Loans, users can borrow Official Trump (TRUMP), Sonic (S), Peanut the Squirrel (PNUT), Virtuals Protocol (VIRTUAL), and ssv.network (SSV). The VIP Loans will now include Defi App (HOME) and Resolv (RESOLV). These new offerings provide users with an expanded range of altcoins for liquidity provision, enhancing their investment strategies.
New Additions to the Credit Platform
This strategic move by Binance enhances its credit platform across two distinct product categories. Flexible Rate Loans cater to a broad user base interested in borrowing cryptocurrency without a specific maturity commitment. The addition of TRUMP, S, PNUT, VIRTUAL, and SSV altcoins grants users greater flexibility in their borrowing options.
The VIP Loans are tailored for individual and institutional investors conducting high-volume transactions. The inclusion of HOME and RESOLV altcoins in this product offers additional options for large-scale borrowing needs. Both credit products allow users to borrow by using the assets in their portfolios as collateral.
Operational Mechanics of Binance’s Flexible and VIP Loans
Binance Loans provides an open-ended credit solution, enabling users to instantly borrow using their cryptocurrencies already locked as collateral in Simple Earn Flexible Products. There is no mandatory maturity period, and the loan interest rates are updated every minute. The minimum borrowing amount is equivalent to 1 USDC. Additionally, users continue to earn Real-Time Annual Percentage Yield (APR) rewards on their collateralized assets through Simple Earn Flexible Products.
Binance VIP Loans are large-scale, over-collateralized credit services offered with competitive interest rates, optional maturity terms, and specialized services. They are favored by experienced users and institutions for achieving complex financial goals, such as providing additional liquidity for long-term investment funds, leveraging trading strategies, or hedging risks. VIP Loans, designed for substantial amounts, are a critical tool in strategic asset management.
