Borrow Against 10 BTC
Use 10 Bitcoin as collateral for approximately $500,000 in liquidity. At this size, Lygos saves $30,900 vs Unchained over 12 months.
Loan Overview
Loan Amount
10 BTC
Collateral
10.0 BTC
Monthly Interest
$4,167
12-Month Cost
$50,000
APR
10%
Origination
$0
Rehypothecation
0%
Quick Estimate
BTC: $100,000 Live PriceWho borrows 10 BTC?
Borrowers at 10 BTC are typically funding real estate acquisitions, business expansion, or bridge financing between liquidity events. At this size, the cost difference between lenders is material. A 4-point APR spread on 10 BTC is $20,000 per year.
Lygos is the only platform at this tier that offers non-custodial collateral. Unchained uses collaborative multisig (better than full custody, but still requires their co-signing). Ledn and Nexo take full custody and can rehypothecate your Bitcoin.
How Much You Save vs Competitors
| Competitor | Savings with Lygos (12mo) |
|---|---|
| Lygos (12mo) | $50,000 |
| vs. Ledn | $9,500–$12,000 |
| vs. Nexo | Varies by tier |
| vs. Unchained | $30,900 |
Your 10.0 BTC stays on-chain
Your Bitcoin collateral is locked in a Discreet Log Contract on the Bitcoin blockchain, not in a custodial wallet. All loan outcomes are cryptographically pre-signed before any collateral is committed. Neither Lygos nor any third party can access, move, or rehypothecate your BTC.
Your collateral buffer
Bitcoin can drop ~33% before margin call. A further ~12% triggers DLC liquidation.
Frequently Asked Questions
A 10 BTC Bitcoin-backed loan with Lygos costs $50,000 over 12 months at 10% APR with $0 origination fees. Monthly interest is $4,167. Collateral requirement is approximately 10.0 BTC at 50% LTV.
At Lygos's 50% LTV ratio, you need approximately 10.0 BTC in Bitcoin collateral for a 10 BTC loan. Your BTC is locked in a Discreet Log Contract on the Bitcoin blockchain, never custodied and never rehypothecated.
Borrowing against Bitcoin is generally not a taxable event in the United States, unlike selling, which triggers capital gains tax. By pledging 10.0 BTC as collateral instead of selling, you access 10 BTC in liquidity while maintaining your Bitcoin position and deferring any tax liability. Consult a tax professional for your specific situation.
Lygos uses a 50% loan-to-value ratio, meaning your 10.0 BTC collateral provides a significant buffer. At 50% LTV, Bitcoin would need to drop roughly 33% before reaching the margin call zone around 75% LTV. If that happens, you'll receive a notification to either add collateral or make a partial repayment within 24 hours. If LTV reaches 85%, the DLC contract executes a transparent on-chain liquidation, not a discretionary decision by a custodian. This process is cryptographically pre-defined before you commit any collateral.
Lygos is a regulated lender and requires identity verification for all loans. However, unlike custodial platforms, your Bitcoin collateral never leaves the blockchain. KYC verifies your identity; DLCs protect your assets. The distinction matters: your personal information is with Lygos, but your Bitcoin is secured by cryptography, not trust.
Ready to borrow 10 BTC?
10% APR, $0 origination fees, and your BTC secured on the Bitcoin blockchain via DLC.