The Stress Test shows exactly how far Bitcoin can fall before your loan is at risk. Set your collateral and the amount you've borrowed, then drag the crash slider to see your margin-call price, your liquidation price, and the buffer between today's price and trouble.
It also replays every major crash in Bitcoin's history against your exact position, so you can see which downturns your loan would have survived. It's free, runs entirely in your browser, and needs no account. Liquidation is modeled at Lygos' 85% LTV threshold.
A margin call is a request to add collateral (or repay part of the loan) when Bitcoin's price falls and your loan-to-value rises past a set threshold. It's a warning, not a liquidation — you still have a window to act. The stress test shows the exact price at which a margin call would trigger for your position.
Liquidation happens when your loan-to-value reaches the liquidation threshold — 85% LTV at Lygos. Drag the crash slider and the tool shows your liquidation price and how far Bitcoin would have to fall to reach it, given your collateral and loan size.
It depends on your starting LTV: the more collateral you post relative to the loan, the deeper the crash you can absorb. The stress test replays Bitcoin's worst historical drawdowns against your exact position so you can see which crashes your loan would have survived — and which would have broken it.
Yes. The historical replay uses Bitcoin's actual major drawdowns (e.g. 2018, March 2020, 2022), not hypothetical curves. Past performance doesn't guarantee future results, but it's a realistic way to size a loan conservatively.
No. It's free and runs entirely in your browser — no signup, and nothing is stored. You only share details if you choose to start a loan.