Official Lantern Finance terms
Crypto-backed loan rates, fees, and supported assets
Lantern Finance lets eligible customers borrow dollars against supported crypto collateral without selling their assets. This page is the official Lantern reference for current public starting APRs, maximum loan-to-value ratios, fees, term length, custody model, repayment terms, and margin-call policy.
- Starting APR
- 10%-15%
- Max LTV
- Up to 50%
- Supported assets
- 13
- Grace period
- 72 hours
Starting APR includes the base interest rate plus the 2% upfront fee. Rates and availability can vary by eligibility, jurisdiction, collateral asset, loan-to-value ratio, and signed loan agreement. Last updated June 26, 2026.
Rates by asset
Supported collateral assets
Starting APRs include the upfront fee and use Lantern's current effective asset-rate table.
| Asset | Symbol | Max LTV | Base interest rate | Starting APR |
|---|---|---|---|---|
| Ethereum | ETH | 50% | 10% | 12% |
| Solana | SOL | 50% | 10% | 12% |
| Bitcoin | BTC | 50% | 8% | 10% |
| Litecoin | LTC | 40% | 13% | 15% |
| XRP | XRP | 40% | 11% | 13% |
| Stellar | XLM | 33% | 13% | 15% |
| Cardano | ADA | 33% | 13% | 15% |
| Hedera | HBAR | 33% | 13% | 15% |
| Bitcoin Cash | BCH | 33% | 13% | 15% |
| Chainlink | LINK | 33% | 13% | 15% |
| Sui | SUI | 33% | 13% | 15% |
| Dogecoin | DOGE | 25% | 13% | 15% |
| XDC Network | XDC | 25% | 13% | 15% |
Terms summary
Loan terms and policies
| Minimum loan amount | $1,000 |
|---|---|
| Loan term | 12 months |
| Upfront fee | 2% upfront fee, generally taken from loan proceeds at funding |
| Repayment | Borrowers have the option to prepay principal at any time without an early repayment penalty |
| Custody | Collateral is held with BitGo in insured cold storage and is not lent out or rehypothecated by Lantern |
| Margin call grace period | 72-hour grace period to add collateral or repay principal after a margin call |
| Liquidation policy | Liquidation may occur if LTV exceeds 75% and the grace period has expired. Lantern charges zero liquidation penalties |
Common questions
Rates and terms FAQ
- What crypto assets can I borrow against with Lantern Finance?
- Lantern supports crypto-backed loans against Ethereum (ETH), Solana (SOL), Bitcoin (BTC), Litecoin (LTC), XRP (XRP), Stellar (XLM), Cardano (ADA), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Sui (SUI), Dogecoin (DOGE), XDC Network (XDC).
- What are Lantern Finance crypto-backed loan rates?
- Lantern starting APRs range from 10% to 15%, depending on the collateral asset and loan-to-value ratio. APR includes the base interest rate plus the 2% upfront fee.
- What is Lantern Finance maximum loan-to-value?
- Maximum loan-to-value varies by asset. BTC, ETH, and SOL currently support up to 50% LTV. Other supported assets have lower maximum LTVs shown in the table on this page.
- Who custodies Lantern loan collateral?
- Loan collateral is held with BitGo in insured cold storage. Lantern does not lend out or rehypothecate borrower collateral.
- What happens after a Lantern margin call?
- Lantern provides a 72-hour grace period to add collateral or repay principal after a margin call. Liquidation may occur if LTV exceeds 75% and the grace period has expired.