v3.26.1
Crypto assets loan receivables
12 Months Ended
Dec. 31, 2025
Crypto assets loan receivables  
Crypto assets loan receivables

13.Crypto assets loan receivables

  ​ ​ ​

As of

January 1,

As of December 31,

2024

2024

  ​ ​ ​

2025

Gross balance

 

7,816

 

70,029

 

42,057

Fair value changes

52

(95)

84

Less: allowance of credit losses (Note 3.1 (b))

 

 

 

Net carrying amount

 

7,868

 

69,934

 

42,141

Crypto assets loan receivables are unsecured and bear interest at rates ranging from 0.05% to 9.00% per annum. These receivables consist of both open-term and fixed-term loans, with credit periods ranging from 2 to 365 days.

Crypto assets loan receivables are denominated in the following cryptocurrencies:

As of

January 1,

As of December 31,

  ​ ​ ​

2024

  ​ ​ ​

2024

  ​ ​ ​

2025

BTC

 

2,135

43,618

 

10,940

ETH

 

2,761

3,099

 

8,562

USDS (Note)

 

1,260

7,533

 

6,896

USDC

 

1,712

182

 

6,412

USDT

15,502

9,331

 

7,868

69,934

 

42,141

Note:

USDS is a cryptographic blockchain—based digital information unit token issued by the Group and only used in Group’s platform. Each USDS is equivalent to US$1.