Borrow Against 100 BTC
Use 100 Bitcoin to access $5M in liquidity. At this scale, only Lygos and Unchained can serve you — and Lygos saves $309,000 per year while keeping your BTC in a DLC.
Loan Overview
Loan Amount
100 BTC
Collateral
100.0 BTC
Monthly Interest
$41,667
12-Month Cost
$500,000
APR
10%
Origination
$0
Rehypothecation
0%
Quick Estimate
BTC: $100,000 Live PriceWho borrows 100 BTC?
At 100 BTC, you are in institutional territory. Borrowers at this level include family offices, crypto funds restructuring positions, high-net-worth individuals funding acquisitions, and companies using Bitcoin treasury as collateral for operational capital.
The counterparty risk at 100 BTC is existential, not theoretical. Celsius lost $4.7 billion in customer assets. BlockFi's bankruptcy erased hundreds of millions. Lygos eliminates this risk entirely — your 100.0 BTC stays on the Bitcoin blockchain in a DLC that neither Lygos nor any third party can access.
How Much You Save vs Competitors
| Competitor | Savings with Lygos (12mo) |
|---|---|
| Lygos (12mo) | $500,000 |
| vs. Ledn | $95,000–$120,000 |
| vs. Nexo | Exceeds Nexo max |
| vs. Unchained | $309,000 |
Your 100.0 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 100 BTC Bitcoin-backed loan with Lygos costs $500,000 over 12 months at 10% APR with $0 origination fees. Monthly interest is $41,667. Collateral requirement is approximately 100.0 BTC at 50% LTV.
At Lygos's 50% LTV ratio, you need approximately 100.0 BTC in Bitcoin collateral for a 100 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 100.0 BTC as collateral instead of selling, you access 100 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 100.0 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 100 BTC?
10% APR, $0 origination fees, and your BTC secured on the Bitcoin blockchain via DLC.