Providers / Lava
Lava
Bitcoin line of credit and loans
Bitcoin line of credit and term loans. Custody model changed after 2025 reporting of a shift away from pure DLC design.
Best for: Short-term liquidity seekers after reviewing the current custody design.
Product and eligibility
Product type
Line of credit and fixed-term loans
Collateral
BTC (structure dependent)
Eligible borrowers
Often low or no KYC in older materials
US availability
Eligibility depends on location
Custody and counterparty
Custody model
Custodial / lender-held
Depends on current custody design
Rehypothecation
PoR / audits / insurance
Historically DLC-based
Track record
Known low-rate competitor in DLC lending roundups
Call, cure, and liquidation
Notice, grace period, partial vs full sale, and fees all differ by provider.
1. Starting LTV
50%
2. Margin call
Oracle / protocol
3. Cure window
Not disclosed
4. Liquidation
80%
At 50% starting LTV, Bitcoin must fall about 37.5% for LTV to reach 80%.
- Max initial LTV
- 50%
- Liquidation style
- Oracle-triggered
- Liquidation fee
- Not disclosed
- Collateral retrieval
- On repay
Cost and terms
| Rate range | BLOC marketing often 5% class plus capital charges (about 7% all-in examples); term loans vary by tenor |
|---|---|
| Origination fee | Not disclosed |
| Prepayment fee | Not disclosed |
| Renewal / refinance | Not disclosed |
| Minimum loan | Low / varies |
| Term options | Open-ended line of credit; fixed loans documented from 1 to 12 months |
| Liquidation fee | Not disclosed |
| Collateral retrieval | On repay |
| US availability | Eligibility depends on location |
| Unique features | Low headline rates; short tenor focus |
Who this is best for
Short-term liquidity seekers after reviewing the current custody design.
Who should skip
You need certainty on the current custody model.