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
DLC-constrained
Quick Estimate
BTC: $64,000 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 platform-controlled custodial wallet. The available outcomes are pre-signed before collateral is committed, constraining how funds can move and making the contract flow verifiable on-chain.
Your collateral buffer
From 50% LTV, Bitcoin can drop 37.5% before the 80% at-risk alert. A further 11.1% drop reaches 90% 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 non-custodial Discreet Log Contract whose pre-signed outcomes constrain how collateral can move.
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 37.5% before reaching the informational at-risk threshold at 80% LTV. There is no mandatory margin-call step; if LTV reaches the 90% liquidation threshold, the DLC contract executes a transparent on-chain liquidation rather than a discretionary decision by a custodian. The available outcomes are pre-signed before you commit 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.