Crypto Loan Rates in 2025: Where to Get the Best Deal
A 2025 breakdown of crypto loan rates across DeFi and CeFi, with typical ranges, hidden costs, and how to find the cheapest BTC-backed stablecoin loan.
May 5, 2026
Borrow USDT with
bitcoin for the
best rates
Borrow aggregates all major Bitcoin loan providers making it easy to compare and choose the best rate for your bitcoin-backed loan.
Find the best loan for you given your risk tolerance.
Non-custodial • Clear fees • Live rates
Low Risk
Moderate Risk
High Risk
Borrow USDT without selling a satoshi.
USDT moves more volume than any other stablecoin and is accepted on virtually every CEX. Borrow by Sats Terminal compares Aave USDT markets across Ethereum, Arbitrum, Polygon, and Optimism, then routes you to the cheapest one for your loan size.
Self-custodial, no KYC, and no platform fee on top of the underlying protocol.
See how much USDT you can borrow.
Find out how much Bitcoin collateral you would need to borrow your desired amount, with live rates from Aave and Morpho Blue.
Desired loan amount
$
USDT
Collateral required
BTC
50% LTV
Loan-to-Value (LTV)
Low Risk
No matching offer for these inputs
Why choose Borrow for your USDT loan
No KYC, email signup
Sign up with email. Borrow provisions a self-custodial Privy wallet automatically — no seed phrase to manage and no identity checks for DeFi loans.
Best-rate aggregation
Borrow surveys Aave and Morpho Blue across BASE, Ethereum, Arbitrum, Polygon, Optimism, and BSC, then ranks offers by all-in cost.
Automatic bridging & wrapping
BTC is bridged and wrapped (wBTC, BTCB, cbBTC) under the hood so you stay focused on the loan, not chain plumbing.
Self-custodial by design
Borrow never takes custody. Every action is signed from your wallet — funds cannot move without your approval.
Open-term repayment
No fixed schedule. Repay any amount at any time and unlock the corresponding portion of your collateral.
No platform fees on Borrow
Sats Terminal does not charge a fee on top of the underlying lender. You pay protocol interest plus network gas, that’s it.
Rates today
Typical USDT borrow rates · DeFi vs CeFi
Ranges as of April 2026. DeFi rates are variable and recompute every block; CeFi rates are advertised at sign-up and tier with loan size.
AaveDeFi
Chain · venue
Ethereum
Typical APR
5–9%Max LTV
73%
AaveDeFi
Chain · venue
Arbitrum
Typical APR
5–10%Max LTV
73%
Ledn (CeFi)CeFi
Chain · venue
CeFi
Typical APR
9.99–12.4%Max LTV
50%
Worked example
What a 1 BTC, 50% LTV USDT loan looks like
Numbers below assume a BTC reference price of $77,500 and a 6% borrow APR — well inside the typical Aave / Morpho range. Use the live composer above for your exact figures.
Collateral
1.0 BTC≈ $77,500
USDT borrowed
$38,75050% LTV
Monthly interest
$194@ 6% APR
Liquidation price
$49,679BTC can fall ~36%
Translation: Pledge 1 BTC, walk away with $38,750 in USDT, pay roughly $194 a month in interest, and your position is safe unless BTC drops below $49,679 (≈ 36% drawdown). Repay any time to unlock collateral — there’s no fixed schedule.
What you need to know about your USDT loan
View moreOn Aave, wBTC collateral typically allows up to 73% LTV with liquidation around 78%. Borrow lets you set a target LTV and shows the resulting liquidation price before you sign.
Borrow against your USDT in three easy steps
1
Choose how much you want to borrow
Enter your desired stablecoin amount (or BTC collateral) and Borrow shows the LTV, liquidation price, and the best live offer.
2
Deposit BTC and confirm
Deposit BTC to the address Borrow generates. Bridging and wrapping happen automatically; you sign one approval to open the loan.
3
Receive funds, repay anytime
Stablecoins land in your wallet within seconds. Repay any amount whenever you want — interest stops accruing on what’s repaid.
Frequently asked questions
Borrowing happens through smart contracts (Aave) that are independent of Tether the company. Your USDT is the loan you receive, not your collateral.
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Learn more about Bitcoin borrowing
Deep-dive guides on rates, LTV, liquidation, and how Borrow by Sats Terminal compares offers across Aave, Morpho Blue, and CeFi lenders.
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