Nexo charges 0.9%–15.9% APR with $0 origination fees using custodial. Strike charges 7.49%–10.5% APR with $0 origination fees using custodial (proof-of-reserves for 50+ BTC). See the full breakdown of rates, thresholds, and custody risk below.
Terms checked individually — Nexo: 2026-09-29; Strike: 2026-09-29.
For the standardized $250,000, 50% LTV, 12-month scenario, Nexo is 0.9%–15.9% APR and Strike is 10% APR. Nexo: Published upper rate; actual rate depends on account terms. Strike: Monthly-pay option; 12-month fixed term. Because at least one price is variable or account-tier dependent, the comparison is an estimate rather than a rate winner.
To keep the comparison clean, both lenders are modeled at $250,000 principal, 50% starting LTV, and a 12-month term, using monthly-pay pricing where available. Nexo pricing varies by wealth tier, ltv, and asset; Strike pricing varies by loan size and payment schedule. Actual offers can differ when those inputs change.
| Loan Size | Nexo APR | Strike APR | Nexo Total Year-1 Cost | Strike Total Year-1 Cost | Savings |
|---|---|---|---|---|---|
| $250,000 | 0.9%–15.9% | 10% | $43,074 | $25,000 | Estimate only |
Assumptions: $250,000 principal, 50% starting LTV, 12-month term, and monthly-pay pricing where offered. Total year-1 cost includes annualized interest and fees, but does not add a fee again when the lender's published APR already includes it. Variable or account-tier pricing remains an estimate and is not awarded a winner. Terms checked individually — Nexo: 2026-09-29; Strike: 2026-09-29.
Both Nexo and Strike use similar custody approaches: custodial and custodial (proof-of-reserves for 50+ BTC) respectively. Nexo uses custodial. Your Bitcoin depends on the security and solvency of that custody arrangement and could be at risk in the event of a hack, insolvency, or regulatory action. Nexo also rehypothecates deposited assets, meaning your collateral may be lent to third parties. Strike uses custodial (proof-of-reserves for 50+ BTC). Your Bitcoin depends on the security and solvency of that custody arrangement and could be at risk in the event of a hack, insolvency, or regulatory action.
Nexo triggers margin calls at 71.4% LTV and liquidates at 83.33% LTV. Strike triggers margin calls at 70% LTV and liquidates at 85% LTV. Strike gives borrowers 72 hours to respond to a margin call. Nexo uses threshold-based triggers without a fixed response window.
| Threshold | Nexo | Strike |
|---|---|---|
| Max Starting LTV | 50% | 50% |
| Margin Call | 71.4% LTV | 70% LTV |
| Margin Call Window | Threshold-based | 72 hours |
| Liquidation | 83.33% LTV | 85% LTV |
This comparison uses each lender's own maximum starting LTV, not a common 50% starting position. Nexo: 33.3 percentage point modeled buffer between maximum starting LTV (50%) and liquidation (83.33% LTV). Strike: 35.0 percentage point modeled buffer between maximum starting LTV (50%) and liquidation (85% LTV). Strike provides a wider safety margin.
Choosing between Nexo and Strike requires evaluating total cost, custody risk, and which platform aligns with your borrowing profile. Nexo uses custodial with 0.9%–15.9% APR, while Strike uses custodial (proof-of-reserves for 50+ BTC) with 7.49%–10.5% APR.
The standardized table shows a first-year estimate, but at least one lender still prices by a variable rate or account tier. Treat the dollar totals as scenario estimates, not a definitive cheaper-lender ranking.
Both platforms use similar custody approaches. Nexo operates via custodial, and Strike uses custodial (proof-of-reserves for 50+ BTC). Nexo rehypothecates collateral.
Nexo is the better fit for borrowers who need smaller loans or instant access. Strike is the better fit for borrowers who are borrowing $10,000 or more and prefer this platform's specific features.
Key details to be aware of: Nexo: Published rates range from 0.9% to 15. Strike: 0.79% fee if repaying with BTC collateral, 0.
The standardized $250,000, 50% LTV, 12-month estimate is $43,074 for Nexo and $25,000 for Strike. Because at least one rate is variable or account-tier dependent, this is not a definitive cheaper-lender ranking.
Nexo uses custodial and rehypothecates deposited assets. Strike uses custodial (proof-of-reserves for 50+ BTC). Both platforms present similar custody risk profiles.
Nexo's minimum loan is $50. Strike's minimum is $10,000. Nexo is more accessible for smaller borrowers.
Nexo issues a margin call at 71.4% LTV (threshold-based, no fixed window) and liquidates at 83.33% LTV. Strike issues a margin call at 70% LTV with a 72-hour response window and liquidates at 85% LTV. For a common 50% starting LTV (rather than each lender's maximum), the modeled buffers are 33 points at Nexo and 35 points at Strike.
It depends on your priorities. Nexo (0.9%–15.9% APR, custodial, min $50) is better for borrowers who value custodial and need smaller loan access. Strike (7.49%–10.5% APR, custodial (proof-of-reserves for 50+ BTC), min $10,000) is better for borrowers who value custodial (proof-of-reserves for 50+ BTC) and prefer this platform's lending structure. Use the rate table and cost comparison above to model your specific scenario.
Already borrowing with Strike? See your interest savings, terms head-to-head, and counterparty risk on your own numbers.
Open Loan Comparison CalculatorLygos offers 10% APR, $0 origination fees, and DLC-secured collateral with contract flows designed to constrain rehypothecation.