Lantern vs CoinRabbit
CoinRabbit is a solid product. Lantern goes further on the things that bite when markets move.
Crypto-backed loans for the long haul.
Instant crypto loans on 300+ assets. No credit checks required.
Why borrowers choose Lantern over CoinRabbit.
- US-regulated with disclosed custodyCoinRabbit does not publicly disclose its custodian or headquarters. Lantern is a US company with collateral held at BitGo.
- 72-hour grace period vs auto-liquidationCoinRabbit can liquidate automatically when your threshold is hit. Lantern gives you three full days to act.
- Fixed simple interest from 8%CoinRabbit's open-ended loans can accrue monthly. Lantern gives you fixed, disclosed terms up front.
Interest rates
What you'll actually pay over the life of the loan.
Starting APR for a 12-month loan at 25% LTV. Actual rate depends on jurisdiction, term, and creditworthiness.
Loan-to-value
How much you can borrow, and how much cushion you have before a margin call.
A conservative LTV keeps you well clear of margin calls in normal volatility. Borrow up to half your collateral and keep the rest as runway.
CoinRabbit offers Up to 90% LTV. Compare carefully against Lantern's liquidation terms.
Supported assets
The coins you can post as collateral.
Borrow against the coin you actually hold, without first swapping into 'qualified' collateral and paying the tax bill.
Confirmed assets include BTC, ETH, SOL, XRP. Full list not independently verified.
Customer support
How, and how fast, you can reach a real person.
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.
CoinRabbit can begin liquidation immediately after a margin call; there is no contractual top-up window.
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 charges no additional liquidation penalty, matching Lantern on this criterion.
Custody model
Who actually holds your collateral, and how.
Collateral held in segregated multisig wallets.
Every metric, side by side
Your pick | Competitor | |
|---|---|---|
| Starting rate | From 8% APR | 12–14% APR |
| Max LTV | Up to 50% | Up to 90% |
| Margin call threshold | 65% LTV | — |
| Liquidation threshold | 75% LTV | — |
| Supported assets | 13 | 300+ |
| Support channels | Email, Phone & text, 1:1 Video | AI chatbot, Email |
| 1:1 video support | Yes | No |
| Grace period | 72 hours | None (autoliquidation) |
| Liquidation penalty | None | None |
| Custody model | Insured cold storage | Multisig Wallets |
| Insurance coverage | Up to $250M (BitGo Trust) | Not disclosed |
| Minimum loan | $1,000 | Not disclosed |
| Headquartered | Las Vegas, NV | Not disclosed |
| Regulatory status | US-incorporated, Las Vegas, NV | Not disclosed |
Ready to switch?
Move from CoinRabbit
to Lantern Finance
Lantern vs everyone else
Institutional BTC, ETH, XRP & SOL loans via Anchorage custody.
DeFi loans via Morpho on Base. Instant USDC disbursement.
Blockchain-powered lending. Up to 75% LTV, same-day approval.
Bitcoin-focused loans. Globally available, Cayman-incorporated.
Instant crypto credit lines from 2.9% APR on 13 assets.
BTC-backed loans. 72-hour grace period, 0% origination fee.