Metal X, the all-in-one decentralized financial hub powered by the XPR Network, has officially launched Hedera HBAR in its lending and borrowing markets powered by the LOAN Protocol. For the first time, HBAR holders can now participate in true decentralized finance on the XPR Network - lending, borrowing, and earning rewards directly on-chain.

This integration also makes HBAR markets eligible for $LOAN governance token rewards. Both lenders and borrowers will receive LOAN in addition to their regular APY, aligning incentives across the ecosystem while giving users a direct voice in protocol governance.

Unlike traditional centralized platforms, Metal X is built as a true DeFi system: there are no middlemen. Lending pools and loan terms are managed entirely by on-chain smart contracts and secured by the community of verified contributors, ensuring a transparent, compliant, and non-custodial experience.

How to Get Started with HBAR Lending on Metal X

Step 1: Create Your WebAuth Wallet
Download the WebAuth Wallet from WebAuth.com or via your app store (iOS & Google Play). This wallet is your secure gateway to the XPR Network.

Step 2: Deposit HBAR on XPR Network
After setting up your wallet, deposit HBAR using the bridge feature on Metal X or inside the WebAuth Wallet. For safety, start with a smaller test amount.

Tip: Transferring assets on the XPR Network is instant, feeless, and as simple as sending an email.

Step 3: Connect to Metal X
Go to Metal X Lending, click Connect Wallet, and authorize with your WebAuth device (FaceID, Touch ID, YubiKey).

Step 4: Lend HBAR and Earn Rewards
Open the new HBAR Market and click Lend. Choose how much HBAR to supply, confirm, and you’ll immediately start earning:

• Variable APY from the lending market

• $LOAN token rewards, distributed dynamically based on demand

Step 5: Borrow HBAR Using Collateral
Looking to borrow? Add supported collateral, select the HBAR market, and click Borrow XHBAR. Keep your loan health above 10% to avoid liquidation. Borrowers also earn LOAN rewards, creating incentives on both sides.

Key Features of Metal X Lending

• Governance via $LOAN: Token holders shape protocol rules and market growth.

• Dynamic Rewards: Both lenders and borrowers of HBAR earn LOAN.

• Perpetual Loans: Loans remain open as long as loan health stays above 0%.

• Broad Asset Support: Markets include XBTC, XETH, XPR, XMT, XUSDC, XDOGE, XHBAR, XLTC, XUSDT, and XXRP.

• Zero Fees: Transactions on XPR Network are always gas-free.

• Compliance Ready: All users complete identity verification, ensuring integrity and trust.

Why This Matters for HBAR

Adding HBAR to Metal X Lending opens a new chapter for Hedera in DeFi. For the first time, HBAR holders can:

• Earn APY + $LOAN rewards by lending

• Borrow against HBAR collateral

• Gain governance rights by staking earned LOAN

All without paying a cent in transaction fees. This expansion boosts HBAR’s role in decentralized finance and strengthens Metal X as a safe, compliant, and on-chain financial hub.