BTCBTC$84,296-2.28%|
ETHETH$2,672.18-2.89%|
USDTUSDT$0.99989-0.00%|
BNBBNB$765.7000-2.48%|
XRPXRP$1.4800-5.51%|
USDCUSDC$0.99988-0.00%|
SOLSOL$114.1900-3.27%|
TRXTRX$0.34027-0.45%|
ZECZEC$1,512.73-0.05%|
FIGR_HELOCFIGR_HELOC$1.0270-1.07%|
HYPEHYPE$92.9200-3.74%|
DOGEDOGE$0.09202-8.11%|
XMRXMR$551.4200-2.64%|
WBTWBT$84.5000-2.48%|
USDSUSDS$0.99987-0.00%|
LINKLINK$12.2500-5.48%|
ADAADA$0.23728-5.94%|
RAINRAIN$0.01226-6.35%|
LEOLEO$8.9600-0.20%|
XLMXLM$0.20098-6.46%|
BCHBCH$339.4000+0.36%|
NEARNEAR$4.3400+1.57%|
UNIUNI$9.1400-2.80%|
USDEUSDE$0.99973-0.01%|
LTCLTC$60.8700-2.76%|
DAIDAI$0.99987-0.01%|
AVAXAVAX$10.2900-6.59%|
USD1USD1$0.99953+0.01%|
CCCC$0.10874-3.95%|
GRAMGRAM$1.4100-2.66%|
BTCBTC$84,296-2.28%|
ETHETH$2,672.18-2.89%|
USDTUSDT$0.99989-0.00%|
BNBBNB$765.7000-2.48%|
XRPXRP$1.4800-5.51%|
USDCUSDC$0.99988-0.00%|
SOLSOL$114.1900-3.27%|
TRXTRX$0.34027-0.45%|
ZECZEC$1,512.73-0.05%|
FIGR_HELOCFIGR_HELOC$1.0270-1.07%|
HYPEHYPE$92.9200-3.74%|
DOGEDOGE$0.09202-8.11%|
XMRXMR$551.4200-2.64%|
WBTWBT$84.5000-2.48%|
USDSUSDS$0.99987-0.00%|
LINKLINK$12.2500-5.48%|
ADAADA$0.23728-5.94%|
RAINRAIN$0.01226-6.35%|
LEOLEO$8.9600-0.20%|
XLMXLM$0.20098-6.46%|
BCHBCH$339.4000+0.36%|
NEARNEAR$4.3400+1.57%|
UNIUNI$9.1400-2.80%|
USDEUSDE$0.99973-0.01%|
LTCLTC$60.8700-2.76%|
DAIDAI$0.99987-0.01%|
AVAXAVAX$10.2900-6.59%|
USD1USD1$0.99953+0.01%|
CCCC$0.10874-3.95%|
GRAMGRAM$1.4100-2.66%|
Unchained Capital
CeFiTier-2KYC required

Unchained Capital

Collaborative-multisig Bitcoin loans up to $1M with no rehypothecation.

Overview

Unchained Capital is a Bitcoin-focused lending platform that uses multi-signature (multisig) collateral custody — meaning borrowers retain control of their private keys alongside Unchained. This unique approach provides better security than fully custodial platforms while still offering BTC-backed loans.

Multisig Collateral Custody

Unchained's key differentiator is its 2-of-3 multisig model: the borrower, Unchained, and a third-party key hold one key each. Two signatures are needed to move collateral, meaning the borrower always has a say in their funds — unlike fully custodial platforms.

Bitcoin-First

Unchained focuses exclusively on Bitcoin, offering BTC-backed loans, trading, and financial services. The platform is known for its regulatory compliance and institutional-grade service.

Pros & Cons

Pros

  • Multisig collateral custody — borrower retains key control
  • Non-custodial collateral model — better security
  • Bitcoin-first with specialized BTC products
  • Regulatory compliance and institutional service
  • BTC-backed loans with competitive rates
  • Strong reputation in Bitcoin lending

Cons

  • KYC required — strict verification
  • Limited to Bitcoin (no altcoin support)
  • Multisig setup may be complex for beginners
  • May not be available in all jurisdictions

Key Features

Collaborative custody (reduced single-party risk)
No rehypothecation
Bitcoin IRA/retirement
$1M+ loan capacity
Regulated lender

Frequently Asked Questions

What is multisig collateral custody on Unchained?

Unchained uses a 2-of-3 multisig model where the borrower, Unchained, and a third-party key each hold one key. Two signatures are needed to move collateral, so the borrower always has a say in their funds — unlike fully custodial platforms.

Does Unchained support altcoins?

No, Unchained Capital focuses exclusively on Bitcoin. It offers BTC-backed loans, trading, and financial services for Bitcoin holders.

Is Unchained Capital regulated?

Yes, Unchained Capital operates with regulatory compliance and is known for its institutional-grade service in the Bitcoin lending space.

Key Facts

TierTier-2
TypeCeFi
Interest RateFrom 14% APR
LTV RatioMinimum 50% collateral
TVLN/A
CustodyCollaborative multisig
KYC requiredYes
Loan TypesFixed-term (6 or 12 months), up to $1M
CollateralBitcoin (BTC) ONLY
Founded2015
Trust score83

Supported Chains

Bitcoin
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