5.6 BTC in 2 Weeks. Early, but Real

I woke up to see 5.6 BTC in total collateral in our public beta. That 2 BTC multi-draw last night didn’t let me sleep, in a good way.

We’re in business!

Still early, but these are the signals that matter. Grateful to the team, early users, and everyone backing us.

A few patterns already:

• Users start small, then scale up within days

• Credit lines are getting reused, not one-time usage

• Short-term positions → tight feedback loops

The playbook is becoming clear: try → understand → come back

1. Solving the cold start

We’re rolling out an intent-based borrow ↔ liquidity signaling system:

• Borrowers submit requests → real demand signals

• LPs see utilization → provide liquidity with context

On top of that, we want to set a new standard: show exactly where yield comes from and make it verifiable.

2. New Surge.Credit website

Redesigned and shipping soon.

• Clear breakdown of how Borrow, Earn, and Integrations work

• Honest comparison with alternatives

Let users decide.

3. Transparency first

While we upgrade the Earn dashboard, our Dune dashboard is live: real data, no abstraction.

https://dune.com/surge_credit/surge-credit-metrics/86bfb258-9aff-46d4-b87b-ef23450e990c

• Unilateral Exit / Sovereign Recovery docs (next)

• Perpetual credit line extensions (post Vegas)

• Scale to 7-figure TVL

• Publish DCN security + transparency framework

Surge is live. 5+ BTC collateral. Early, but working.

If you:

• Want yield on stablecoins

• Want liquidity without selling Bitcoin

• Want to build or integrate

Let’s talk.

We’re building this in the open.

— Michael

Co-Founder & CEO, Surge.Credit