Strike charges 7.49%–10.5% APR with $0 origination fees using custodial. Debifi charges 10%–14% (P2P) APR with a 1.5% origination fee using collaborative multisig (3-of-4, borrower holds a key). See the full breakdown of rates, thresholds, and custody risk below.
Rates verified 2026-06-09
Strike offers a lower headline rate at 7.49%–10.5% compared to Debifi's 10%–14% (P2P). On a $1M loan held for 12 months, Strike saves $45,000 in total first-year cost (interest plus origination fees). From a custody perspective, Debifi presents lower counterparty risk with its collaborative multisig (3-of-4, borrower holds a key) model.
Strike offers tiered rates that decrease with larger loan amounts, while Debifi charges a flat rate regardless of loan size. Total year-1 cost includes both annualized interest and any origination fees charged upfront.
| Loan Size | Strike APR | Debifi APR | Strike Total Year-1 Cost | Debifi Total Year-1 Cost | Savings |
|---|---|---|---|---|---|
| $100,000 | 10.5% | 12% | $10,500 | $13,500 | $3,000 with Strike |
| $250,000 | 10% | 12% | $25,000 | $33,750 | $8,750 with Strike |
| $500,000 | 10% | 12% | $50,000 | $67,500 | $17,500 with Strike |
| $1M | 9% | 12% | $90,000 | $135,000 | $45,000 with Strike |
| $5M | 7.49% | 12% | $374,500 | $675,000 | $300,500 with Strike |
Total year-1 cost includes annualized interest plus origination fees. Debifi: 1.5% origination fee. Debifi rates are set by the lending marketplace; the table uses a representative recent rate. Rates sourced from each lender's public rate pages as of 2026-06-09.
Strike and Debifi take fundamentally different approaches to collateral custody. Strike uses Custodial. Your Bitcoin is held by Strike and could be at risk in the event of a hack, insolvency, or regulatory action. Debifi uses Collaborative multisig (3-of-4, borrower holds a key). Multiple key holders must coordinate to move funds, reducing single-point-of-failure risk but still requiring trust in the key coordination process.
Strike triggers margin calls at 70% LTV and liquidates at 85% LTV. Debifi triggers margin calls at 75% LTV and liquidates at 90% LTV. Strike gives borrowers 72 hours to respond to a margin call. Debifi uses threshold-based triggers without a fixed response window.
| Threshold | Strike | Debifi |
|---|---|---|
| Max Starting LTV | 50% | 70% |
| Margin Call | 70% LTV | 75% LTV |
| Margin Call Window | 72 hours | Threshold-based |
| Liquidation | 85% LTV | 90% LTV |
Strike: 35.0 percentage point buffer between starting LTV (50%) and liquidation (85%). Debifi: 20.0 percentage point buffer between starting LTV (70%) and liquidation (90%). Strike provides a wider safety margin.
Choosing between Strike and Debifi requires evaluating total cost, custody risk, and which platform aligns with your borrowing profile. Strike uses custodial with 7.49%–10.5% APR, while Debifi uses collaborative multisig (3-of-4, borrower holds a key) with 10%–14% (P2P) APR.
On a $250,000 loan, Strike costs $25,000 in the first year versus $33,750 at Debifi, a difference of $8,750. Part of Debifi's higher cost comes from its 1.5% origination fee, which adds $3,750 upfront on this loan size. Strike charges no origination fee, so the only cost is interest.
The custody difference is material. Debifi uses collaborative multisig (3-of-4, borrower holds a key), which means your Bitcoin requires multiple key holders to coordinate, reducing single-point-of-failure risk. Strike uses custodial. In a platform insolvency scenario, Debifi borrowers' collateral is protected by the multisig architecture, while Strike borrowers may face creditor claims.
Strike is the better fit for borrowers who are borrowing $10,000 or more and are comfortable with custodial lending. Debifi is the better fit for borrowers who need smaller loans or more flexible access.
Key details to be aware of: Strike: Monthly-payment interest rates shown (10.5% = 11. Debifi: P2P marketplace — institutional lenders set rates per offer: typically 10-14% APR (observed range ~9.5-21.
Strike is cheaper. On a $500,000 loan held for 12 months, Strike costs $50,000 (10% APR) while Debifi costs $67,500 (12% APR + 1.5% origination fee). That is a $17,500 difference in the first year.
Strike uses custodial. Debifi uses collaborative multisig (3-of-4, borrower holds a key). Debifi presents lower custody risk because your collateral requires coordination among multiple key holders.
Strike's minimum loan is $10,000. Debifi's minimum is $5,000. Debifi is more accessible for smaller borrowers.
Strike issues a margin call at 70% LTV with a 72-hour response window and liquidates at 85% LTV. Debifi issues a margin call at 75% LTV (threshold-based, no fixed window) and liquidates at 90% LTV. Starting from a 50% LTV, Strike provides a 35-point buffer before liquidation, while Debifi provides a 40-point buffer.
It depends on your priorities. Strike (7.49%–10.5% APR, custodial, min $10,000) is better for borrowers who value custodial and have larger borrowing needs. Debifi (10%–14% (P2P) APR, collaborative multisig (3-of-4, borrower holds a key), min $5,000) is better for borrowers who value collaborative multisig (3-of-4, borrower holds a key) and need smaller loan access. Use the rate table and cost comparison above to model your specific scenario.
Lygos offers 10% APR, $0 origination fees, and DLC-secured collateral where rehypothecation is cryptographically impossible.