I know lending is controversial here, and I get why — Celsius and BlockFi rehypothecated customer coins and blew up. But people borrow against their BTC anyway (to avoid selling, for taxes, for liquidity), and most have no independent way to judge which lenders are least likely to rug or liquidate them.

So I built one. It grades 16 CeFi and DeFi lenders on what actually matters: custody model (segregated / no-rehypothecation / keep-your-keys multisig vs an opaque custodial pool), liquidation thresholds, and rates — verified against each lender's own terms, dated, with no paid placement. It also flags which lenders hold native BTC vs wrapped tokens (WBTC/cbBTC), and there's a liquidation calculator so people can see exactly how much risk they're taking.

I'm not telling anyone to borrow. But if they're going to, they shouldn't fly blind. Roast the custody ratings — that's the part I most want feedback on. 

bitcoin

I know lending is controversial here, and I get why — Celsius and BlockFi rehypothecated customer coins and blew up. But people borrow against their BTC anyway (to avoid selling, for taxes, for liquidity), and most have no independent way to judge which lenders are least likely to rug or liquidate them.

So I built one. It grades 16 CeFi and DeFi lenders on what actually matters: custody model (segregated / no-rehypothecation / keep-your-keys multisig vs an opaque custodial pool), liquidation thresholds, and rates — verified against each lender's own terms, dated, with no paid placement. It also flags which lenders hold native BTC vs wrapped tokens (WBTC/cbBTC), and there's a liquidation calculator so people can see exactly how much risk they're taking.

I'm not telling anyone to borrow. But if they're going to, they shouldn't fly blind. Roast the custody ratings — that's the part I most want feedback on. [https://bitcoinlendingintel.com](https://bitcoinlendingintel.com)