SALT

Bitcoin-backed loan

Long-running lender with 1-, 3-, and 5-year terms, multi-asset collateral options, and stabilization / Shield products.

Best for: Borrowers who want multi-year fixed terms.

Product and eligibility

Product type

Fixed-term loan

Collateral

BTC and selected altcoins

Eligible borrowers

Individuals and businesses

US availability

Broad US coverage claimed

Custody model

Custodial (qualified)

Custodial

Rehypothecation

PoR / audits / insurance

BitGo / Fireblocks class custody claimed

Track record

Among the oldest bitcoin-backed lenders (since 2016)

Notice, grace period, partial vs full sale, and fees all differ by provider.

1. Starting LTV

70%

2. Margin call

Warning ≥75% LTV; margin call ≥83.33% LTV

3. Cure window

Add collateral or repay; exact cure hours not dual-sourced on current public legal pages

4. Liquidation

90%

At 70% starting LTV, Bitcoin must fall about 22.2% for LTV to reach 90%.

Max initial LTV: Up to 70% (30/50/70% tiers; 70% is 1-year only)
Liquidation style: Stabilization if opted in; full sale path without; optional SALT Shield on eligible loans
Liquidation fee: 3% Stabilization if selected; 5% Liquidation if selected; 2% conversion after stabilization
Collateral retrieval: Yes subject to LTV rules

Rate range	7.49–10.50% APR flat schedule by LTV and term (official rates page)
Origination fee	0% on new loans (refi or some jurisdictions may differ)
Prepayment fee	0% claimed
Renewal / refinance	Possible on refinance/renewals
Minimum loan	About $5,000
Term options	1 / 3 / 5 years
Liquidation fee	3% Stabilization if selected; 5% Liquidation if selected; 2% conversion after stabilization
Collateral retrieval	Yes subject to LTV rules
US availability	Broad US coverage claimed
Unique features	Multi-year terms; Stabilization; SALT Shield

Borrowers who want multi-year fixed terms.

You will not accept layered fees around stabilization or Shield.