Providers / Lygos
Lygos
DLC non-custodial Bitcoin loan
DLC-based non-custodial loans (Atomic Finance lineage). Institutional ticket sizes and negotiated rates.
Best for: Larger borrowers who want DLC custody with deterministic oracle outcomes.
Product and eligibility
Product type
Bilateral loan (1 lender : 1 borrower)
Collateral
Native BTC
Eligible borrowers
KYC yes; institutional and verified borrowers
US availability
Global availability depends on onboarding
Custody and counterparty
Custody model
Non-custodial (DLC / vault)
DLC multisig; oracle-determined settlement path
Rehypothecation
PoR / audits / insurance
DLC 2-of-2 on Bitcoin
Track record
Formed from Atomic Finance acquisition; institutional focus
Call, cure, and liquidation
Notice, grace period, partial vs full sale, and fees all differ by provider.
1. Starting LTV
60%
2. Margin call
DLC / oracle process
3. Cure window
Negotiated per deal
4. Liquidation
80%
At 60% starting LTV, Bitcoin must fall about 25.0% for LTV to reach 80%.
- Max initial LTV
- Negotiated; public sources disagree (about 50–70% class)
- Liquidation style
- Deterministic DLC settlement
- Liquidation fee
- None claimed as separate fee (all-in rate marketing)
- Collateral retrieval
- Per contract
Cost and terms
| Rate range | Marketing from about 10% APR all-in; negotiated ranges appear in compare pages |
|---|---|
| Origination fee | None claimed |
| Prepayment fee | Repay anytime claims |
| Renewal / refinance | Not disclosed |
| Minimum loan | Institutional; public sources disagree on floor ($25k vs $100k class) |
| Term options | Flexible / negotiated |
| Liquidation fee | None claimed as separate fee (all-in rate marketing) |
| Collateral retrieval | Per contract |
| US availability | Global availability depends on onboarding |
| Unique features | DLC custody; institutional size; all-in rate framing |
Who this is best for
Larger borrowers who want DLC custody with deterministic oracle outcomes.
Who should skip
You need a fully self-serve consumer loan under $25k.