| APR | 9.5-13% | 13-15.2% | Single-digit fixed rates | 9-18% (typically 12-13%) | You set terms | 12.4-13.9% | 6-15% p.a. (market-driven) | Not publicly disclosed |
| Max LTV | 50% | 50% | Not publicly disclosed | 60-70% | You set terms | 50% | 50% initial, 95% liquidation | Not publicly disclosed |
| Who can borrow | Individuals & businesses | Individuals, businesses, and institutions | Businesses and commercial property owners | Individuals and businesses (KYC/KYB required) | Individuals (P2P marketplace) | Individuals globally | Individuals & businesses (P2P) | Institutions and high-net-worth individuals |
| Minimum loan | $10,000 | $150,000 | N/A | $25,000 | $50 | $500 | €800 | $25,000 |
| Loan currency | USD | USD | USD | USD & stablecoins | Stablecoins | USD & local fiat | EUR & stablecoins | Stablecoins |
| Custody model | Third-party capital provider custody | 2-of-3 multisig with third-party key agent | Third-party custody | 3-of-4 multisig escrow (borrower, lender, Debifi, AnchorWatch) | 2-of-3 multisig escrow | Custodial (BitGo) | Non-custodial on-chain multisig escrow | Non-custodial 2-of-2 DLC on Bitcoin L1 |
| Rehypothecation | Not disclosed | None | Not disclosed | None - collateral locked in dedicated escrow | None | Yes | None - collateral locked in escrow only | None |
| KYC required | Yes | Yes | Yes | Yes (KYC for individuals, KYB for businesses) | No | Yes | Yes (via iDenfy) | Yes |
| Track record | Launched 2025 | Since 2016, 7,000+ clients, 90,000+ BTC secured | Since November 2024, $12.5M+ originated | Founded by Hodl Hodl team, backed by Ten31 and Axiom, Bitfinex partnership | Since 2018, volume not disclosed | Since 2018, unbroken withdrawal record | Since 2022, 25K+ users, $250M+ processed, 2,400+ BTC collateral | Launched 2025, built on Atomic Finance DLC tech |
