Compare Lenders puts your Bitcoin loan side by side with every major lender. Enter your collateral, loan size, and current lender, and it shows your interest savings with Lygos, the terms head-to-head (rate, LTV thresholds, custody, rehypothecation), and the buried costs — fees, how interest is really charged, and counterparty risk.
It ranks the whole market by true annual cost and models custodial-failure risk with a transparent framework. Free, runs in your browser.
Look beyond the headline APR: factor in origination fees, whether interest compounds, the liquidation LTV (how much room before you're sold out), and the custody model (can the lender lend out or lose your coins). This tool puts your lender and Lygos side by side on all of these, using your own numbers.
The headline APR can hide the real cost. Some lenders compound daily and capitalize it into your balance (so a 13.9% stated rate becomes ~14.9% effective), others add monthly servicing fees, and some require staking their token to get the low rate. This tool shows how your current lender actually charges versus Lygos' simple monthly interest on principal.
The risk that the lender itself fails or misuses your collateral — as Celsius and BlockFi did by rehypothecating customer Bitcoin. Non-custodial lenders like Lygos lock collateral in an on-chain DLC that can't be rehypothecated, removing that risk. The tool estimates the expected cost of this risk.
Yes — free, no account, and it runs in your browser using publicly available lender terms.