Compare · Updated September 2026

Lantern vs CoinRabbit

Compare CoinRabbit with Lantern’s collateral options, insured custody and support when markets move.

Switch to Lantern See the breakdown

Grace period: 72 hrs; CoinRabbit: No grace period
Liquidation penalty: 0%; CoinRabbit: 0% advertised
Supported assets: 16; CoinRabbit: 350+
From APR: 10%; CoinRabbit: From 11.95%

Key points

Why borrowers choose Lantern over CoinRabbit.

Grace period

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.

Liquidation penalty

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.

Supported assets

Borrow against the coin you actually hold, without first swapping into a different collateral asset.

Consistency matters.

Lantern applies the same 65% margin call and 75% liquidation thresholds across all 16 supported assets, no variation by coin.

The breakdown

Lantern vs CoinRabbit, criterion by criterion.

Criterion 1 of 6
Rates and APR
Interest, fees and the conditions behind advertised rates.
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.
Lantern
Lantern wins
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.
Criterion 2 of 6
Loan-to-value
How much you can borrow, and how much cushion you have before a margin call.
CoinRabbit
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.
Lantern
Borrow up to half your collateral’s value for BTC, ETH and SOL. Other supported assets have lower starting LTV limits.
Criterion 3 of 6
Supported assets
The coins you can post as collateral.
CoinRabbit
Confirmed assets include BTC, ETH, SOL, XRP. Full list not independently verified.
Lantern
Borrow against the coin you actually hold, without first swapping into a different collateral asset.
Criterion 4 of 6
Grace period
Time you have to top up before a liquidation event.
CoinRabbit
Once frozen for liquidation, the loan cannot be closed or topped up. Its terms allow automatic collateral sales and do not guarantee advance notification.
Lantern
Lantern wins
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.
Criterion 5 of 6
Liquidation penalty
What it costs you if the market moves against your position.
CoinRabbit
CoinRabbit advertises a 0% liquidation fee. That does not prevent forced collateral sales. Separate withdrawal and external-wallet processing fees apply.
Lantern
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.
Criterion 6 of 6
Custody model
Who actually holds your collateral, and how.
CoinRabbit
Its terms transfer ownership of pledged assets to CoinRabbit when the loan is made, unless prohibited by law. Repayment returns equivalent assets; the terms say CoinRabbit does not lend out pledged assets.
Lantern
BitGo cold storage with insurance. Bankruptcy-remote and segregated.

Full breakdown

Every metric, side by side

Interest, fees and the conditions behind advertised rates.

Term

Rate / APR: Lantern leads:From 10% APRBTC: 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% APRAdvertised 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: 16; 350+
Support channels: Email, Phone & text, 1:1 Video; Email, Help centerHuman 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: Lantern leads:72 hours; No grace periodOnce 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% advertisedCoinRabbit advertises a 0% liquidation fee. That does not prevent forced collateral sales. Separate withdrawal and external-wallet processing fees apply.
Custody model: Lantern leads:Insured cold storage; Ownership transfers
Insurance coverage: Lantern leads:Up to $250M (BitGo Trust); Not disclosed
Minimum loan: From $1,000; state minimums apply; Not disclosed
Headquartered: Lantern leads:Las Vegas, NV; Not disclosed
Regulatory status: Lantern leads: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.