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
DLC-constrained
Quick Estimate
BTC: $64,000 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 reduces platform custody exposure by keeping your 100.0 BTC on the Bitcoin blockchain in a DLC whose pre-signed outcomes constrain how collateral can move.
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 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 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 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 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 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 100 BTC?
10% APR, $0 origination fees, and your BTC secured on the Bitcoin blockchain via DLC.