Providers / Surge Credit

Surge Credit

Non-custodial Bitcoin credit line

Bitcoin-native credit line with Taproot vault custody claims, variable and fixed rate markets, and on-chain verifiability.

Best for: Borrowers who want a non-custodial credit line without wrapping BTC to another chain.

Product and eligibility

Product type

Credit line (non-custodial pooled market)

Collateral

Native BTC (no wrapping claimed)

Eligible borrowers

Global self-serve claims; KYC not required per compare pages

US availability

Global accessibility claimed

Custody model

Non-custodial (DLC / vault)

Taproot vault; borrower-verifiable on-chain claims

Rehypothecation

Impossible by design

PoR / audits / insurance

Security audits claimed (Rearden Code, CredShields per site)

Track record

Newer Bitcoin credit market (founded 2024 class)

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

1. Starting LTV

50%

2. Margin call

Multi-step notifications claimed

3. Cure window

Multi-step notifications before liquidation

4. Liquidation

90%

At 50% starting LTV, Bitcoin must fall about 44.4% for LTV to reach 90%.

Max initial LTV: 50% (marketing; expanding)
Liquidation style: Auction / protocol path; no liquidation fee claimed vs peers
Liquidation fee: None claimed
Collateral retrieval: Flexible repay any amount claims

Rate range	Marketing from about 6.9% variable / 9.9% fixed; docs also describe fixed about 8–11% and variable target
Origination fee	None
Prepayment fee	None
Renewal / refinance	Rollover anytime claims
Minimum loan	Not disclosed (small demo amounts appear on site tools)
Term options	About 12 months with rollover claims
Liquidation fee	None claimed
Collateral retrieval	Flexible repay any amount claims
US availability	Global accessibility claimed
Unique features	Non-custodial credit line; variable + fixed markets

Borrowers who want a non-custodial credit line without wrapping BTC to another chain.

You need a traditional USD bank wire from a licensed CeFi desk only.