Lantern vs CoinRabbit
Compare CoinRabbit with Lantern’s collateral options, insured custody and support when markets move.
Crypto-backed loans for the long haul.
BTC: 8% interest plus a 2% upfront fee gives a 10% APR for a 12-month loan. No loan-size pricing tiers; volume discounts are available for larger loans. Asset and state eligibility apply.
Automatic liquidation with no fixed grace period; collateral ownership transfers under its terms.
Advertised APR starts at 11.95%; collateral, LTV, duration and loan type affect the quote. Flexible-rate loans can change rate. External-wallet transactions incur separate fees.
Why borrowers choose Lantern over CoinRabbit.
- Named custody with BitGoLantern holds collateral with BitGo. CoinRabbit’s terms transfer ownership of pledged assets to CoinRabbit, where lawful.
- 72-hour grace period vs auto-liquidationCoinRabbit can liquidate automatically when your threshold is hit. Lantern gives you three full days to act.
- Clear pricing for a 12-month termLantern starts at 8% interest plus a 2% upfront fee (10% APR). CoinRabbit advertises APR from 11.95%, with terms depending on the loan configuration.
Rates and APR
Interest, fees and the conditions behind advertised rates.
Lantern: BTC: 8% interest plus a 2% upfront fee gives a 10% APR for a 12-month loan. No loan-size pricing tiers; volume discounts are available for larger loans. Asset and state eligibility apply.
CoinRabbit: Advertised APR starts at 11.95%; collateral, LTV, duration and loan type affect the quote. Flexible-rate loans can change rate. External-wallet transactions incur separate fees.
Rates reflect the loan size and payment option noted above. Compare quotes for the same collateral, term and eligibility.
Loan-to-value
How much you can borrow, and how much cushion you have before a margin call.
Borrow up to half your collateral’s value for BTC, ETH and SOL. Other supported assets have lower starting LTV limits.
At 90% starting LTV, a 5% drop in collateral value raises LTV to about 94.7%, with debt unchanged. CoinRabbit advertises 50%–90% starting LTV; actual liquidation thresholds vary by loan. High LTV leaves little room for price drops.
Supported assets
The coins you can post as collateral.
Borrow against the coin you actually hold, without first swapping into a different collateral asset.
Confirmed assets include BTC, ETH, SOL, XRP. Full list not independently verified.
Customer support
Published channels for reaching a support team.
Call or text a real person on our customer support team.
Human support is advertised; response times and access to a specialist have not been independently verified.
Grace period
Time you have to top up before a liquidation event.
Three full days to top up or pay down before any liquidation begins. Markets move; we don't think you should be punished for being away from your phone.
Once frozen for liquidation, the loan cannot be closed or topped up. Its terms allow automatic collateral sales and do not guarantee advance notification.
Liquidation penalty
What it costs you if the market moves against your position.
If we have to liquidate, we sell exactly the amount needed to bring your loan back to a safe LTV. No 2% fee. No 5% fee. No surprise line items.
CoinRabbit advertises a 0% liquidation fee. That does not prevent forced collateral sales. Separate withdrawal and external-wallet processing fees apply.
Custody model
Who actually holds your collateral, and how.
Its terms transfer ownership of pledged assets to CoinRabbit when the loan is made, unless prohibited by law. Repayment returns equivalent assets; the terms prohibit rehypothecation.
Every metric, side by side
Your pick | Competitor | |
|---|---|---|
| Rate / APR | From 10% APR BTC: 8% interest plus a 2% upfront fee gives a 10% APR for a 12-month loan. No loan-size pricing tiers; volume discounts are available for larger loans. Asset and state eligibility apply. | From 11.95% APR Advertised APR starts at 11.95%; collateral, LTV, duration and loan type affect the quote. Flexible-rate loans can change rate. External-wallet transactions incur separate fees. |
| Max LTV | Up to 50% | At 90% starting LTV, a 5% drop in collateral value raises LTV to about 94.7%, with debt unchanged. CoinRabbit advertises 50%–90% starting LTV; actual liquidation thresholds vary by loan. High LTV leaves little room for price drops. |
| Margin call threshold | 65% LTV | — |
| Liquidation threshold | 75% LTV | — |
| Supported assets | 13 | 350+ |
| Support channels | Email, Phone & text, 1:1 Video | Email, Help center Human support is advertised; response times and access to a specialist have not been independently verified. |
| 1:1 video support | Yes | Not publicly listed |
| Grace period | 72 hours | No grace period Once frozen for liquidation, the loan cannot be closed or topped up. Its terms allow automatic collateral sales and do not guarantee advance notification. |
| Liquidation penalty | None | 0% advertised CoinRabbit advertises a 0% liquidation fee. That does not prevent forced collateral sales. Separate withdrawal and external-wallet processing fees apply. |
| Custody model | Insured cold storage | Ownership transfers |
| Insurance coverage | Up to $250M (BitGo Trust) | Not disclosed |
| Minimum loan | From $1,000; state minimums apply | Not disclosed |
| Headquartered | Las Vegas, NV | Not disclosed |
| Regulatory status | US-incorporated, Las Vegas, NV | Canadian MSB registration listed; US lending license not identified |
Public sources reviewed September 2026. Terms vary by asset, loan size, payment option and jurisdiction. Unverified details are marked; confirm your individual quote before borrowing.
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Lantern vs everyone else
BTC, ETH and SOL loans via Anchorage; separate XRP terms.
Variable-rate USDC loans using Morpho smart contracts on Base.
BTC, ETH and SOL loans; rates and margin-call rules depend on starting LTV.
Bitcoin-only loans with size-based pricing and restricted collateral re-posting.
US crypto credit lines; pricing depends on NEXO token holdings.
Bitcoin-only loans; pricing varies by loan size and payment option.