Coinbase Expands Solana Collateral Loans via Morpho

KuCoinFlash

Release Time: 05/12/2026 16:06:00

Summary

Coinbase has added Solana (SOL) as a collateral asset for its on-chain lending product. Users can now borrow up to $100,000 in liquidity through Morpho’s infrastructure on Base. This move aligns with recent network upgrade efforts to expand DeFi access. Coinbase’s head of financial services said the addition supports Solana users and advances the platform’s “Everything Exchange” strategy.

Odaily Planet Daily reports: Coinbase has expanded its on-chain crypto collateralized lending product by adding Solana as a supported collateral asset, enabling users to borrow up to $100,000 in liquidity against their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure previously available for Bitcoin, Ethereum, and other supported crypto assets.

Ben Shen, Head of Financial Services at Coinbase, said that introducing SOL as collateral will enhance the capital efficiency and liquidity experience for Solana ecosystem users and strengthen its "Everything Exchange" strategy of covering more cryptocurrency financial use cases through a single platform. (The Block)

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