Lendasat DocsGetting Started
Everything you need to know about Lendasat and how to start using it
Lendasat is a peer-to-peer lending platform where users can borrow and lend using Bitcoin as collateral.
For Bitcoin Holders
Access liquidity without selling your BTC. Keep your exposure, get cash now.
For Yield Seekers
Earn passive income by funding overcollateralized, Bitcoin-secured loans.
Lendasat is live! Sign up now:
- Borrowers: borrower.lendasat.com
- Lenders: lender.lendasat.com
Our Principles
Non-Custodial
2-of-3 multisig escrow ensures no single party controls your funds. We never hold your Bitcoin.
Transparent
All transactions verifiable on-chain. No black boxes.
Market-Driven
Lenders compete on rates - better pricing for borrowers.
Self-Custody
Your keys, your Bitcoin. Your funds are never at risk from us.
Who is Lendasat For?
Hodlers
Need liquidity without selling your BTC? Borrow against it instead.
Yield Seekers
Stablecoin or fiat holders looking for passive income on secured loans.
DeFi-Curious
Want decentralized finance benefits without leaving Bitcoin.
Sovereign Individuals
Censorship-resistant tools that put you in control.
Create Your Account
Sign Up
Visit the borrower or lender portal and create your account.
Set Your Password
Your password encrypts all contract and financial interactions - protecting your data even if someone accesses your device.
Save Your Seed Phrase
A seed phrase is generated automatically for account recovery.
Store your seed phrase securely. This is the only way to recover your account. Never share it with anyone.
What You Can Do
Borrow
- Receive stablecoin or fiat loans
- Secured by your Bitcoin collateral
- Multiple disbursement methods including Virtual Cards
Lend
- Earn interest on stablecoins or fiat
- Set your own terms and rates
- Guaranteed yields with Bitcoin-secured protection
How It Works
Peer-to-Peer: Loans come from other users, not Lendasat. We just provide the technology.
| Party | Role |
|---|---|
| Borrowers | Hold Bitcoin, need liquidity |
| Lenders | Hold stablecoins/fiat, want yields |
| Lendasat | Provides secure infrastructure |
Collateral Requirements
The Bitcoin you need depends on the LTV (Loan-to-Value) ratio. Typical ratio is approximately 2:1.
Example: Borrowing $1,000
| Item | Amount |
|---|---|
| Principal | $1,000 |
| Interest (6% APR, 1 year) | $60 |
| Total due | $1,060 |
| Required collateral (50% LTV) | $2,120 in BTC |
Fees
| Fee | Rate | When Charged |
|---|---|---|
| Origination Fee | 1.5% of loan | At repayment or liquidation |
| Liquidation Fee | Up to 5% | Only if collateral is liquidated |
| Renewal Fee | 0.5% of loan | When extending an existing loan |
| Blockchain fees | Variable | Per transaction |
All fees are deducted from your Bitcoin collateral and are transparently disclosed before you confirm any loan. See our Fee Schedule for details.
Built by Bitcoiners
Behind Lendasat is a team deeply involved in building on Bitcoin.
| Project | What We Built |
|---|---|
| 10101 | Derivatives market on Bitcoin and Lightning |
| Ark | Layer 2 protocol for scalability and accessibility |
| Lendasat | P2P lending with Bitcoin collateral |
Next Steps
Start Borrowing
Learn how to borrow against Bitcoin
Start Lending
Earn yields on your capital
Contract Terms
Understand LTV, APR, and duration