FILLiquid

FILLiquid is a lending and liquidity protocol on the Filecoin Virtual Machine, serving storage providers and FIL holders at the same time. A storage provider can borrow FIL against its miner beneficiary address instead of posting separate crypto collateral, using the loan to top up pledge collateral and expand storage power, while FIL holders deposit into a shared pool in exchange for an interest-bearing claim.

Depositors receive FIT at a contract-set exchange rate. Borrower interest is continuously returned to the pool, so the FIT-to-FIL rate rises and redemption uses the same rate, meaning yield comes from utilisation-driven borrowing costs. Borrowing limits reference the miner account balance, the interest rate is set purely by pool utilisation, and loans can be repaid in part or in full at any time. FIG carries governance and incentive functions, and the lending service extends to EVM networks including BNB Chain. In July 2025 FIG opened for trading through Gate Alpha, with on-chain incentives running on both the deposit and borrow sides.