{"@context":"https://schema.org","@type":"Dataset","name":"Lending and yield matrix","description":"Which bitcoin lenders survived, and who holds collateral? The registry's largest era of losses was lending. Rehypothecation and who holds collateral decide.","url":"https://proofofcustody.io/data/matrix.json?category=yield","creator":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"publisher":{"@type":"Organization","name":"Proof of Custody","url":"https://proofofcustody.io"},"license":"https://creativecommons.org/licenses/by/4.0/","isAccessibleForFree":true,"inLanguage":"en","dateModified":"2026-02-18","asOf":"2026-02-18","status":"fresh","cadence":"Records monthly; corrections as verified","upstream":null,"method":null,"citation":"Proof of Custody, \"Lending and yield matrix\", https://proofofcustody.io/data/matrix.json?category=yield, as of 2026-02-18","publisherDisclosure":"Proof of Custody is published by Onramp Bitcoin, which is scored by the same methodology as every other platform and does not control rankings or coverage.","readMe":{"staleness":"Check `status` and `asOf`. A `stale` status means the last pull failed and this is the previous snapshot. The change feed at /data/changes.json lists corrections and methodology changes.","coverage":"Coverage is selected, not exhaustive. Absence from a dataset is not evidence about the thing absent.","upstream":"Where `upstream` names another publisher, the numbers are theirs, credited; Proof of Custody adds the envelope, the as-of discipline and the daily check.","columns":"score (editorial), custodyModel, spof (single point of failure), independence (pillars met of 4), insurance and insuranceBasis (provider statement), regulatory, qualifiedCustodian (per provider), fees, minimum, incidents (registry count), asOf (record date)."},"category":"yield","page":"https://proofofcustody.io/compare/matrix/yield","count":12,"rows":[{"slug":"onramp-lending","name":"Onramp Lending","score":83,"custodyModel":"Multi-Institution Collateral","spof":false,"independence":"2/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Varies by loan","minimum":"$100K","incidents":0,"asOf":"2026-02-18","isPublisher":true,"url":"https://proofofcustody.io/platform/onramp-lending"},{"slug":"unchained-lending","name":"Unchained Lending","score":80,"custodyModel":"Collaborative Multisig Collateral","spof":false,"independence":"1/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"11-14% APR","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/unchained-lending"},{"slug":"debifi","name":"Debifi","score":70,"custodyModel":"Multisig Collateral","spof":false,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Varies by lender","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/debifi"},{"slug":"xapo-bank","name":"Xapo Bank","score":65,"custodyModel":"Licensed Bank","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.1% BTC buy/sell","minimum":"$150K","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/xapo-bank"},{"slug":"ledn","name":"Ledn","score":62,"custodyModel":"Single Custodian","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Varies by product","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/ledn"},{"slug":"hodlhodl","name":"Hodl Hodl","score":61,"custodyModel":"Multisig Escrow","spof":false,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"0.5-0.6% per trade","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/hodlhodl"},{"slug":"arch-lending","name":"Arch (Bitcoin-Backed Loans)","score":59,"custodyModel":"Qualified Custodian Collateral","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"7-12% APR","minimum":"$100K","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/arch-lending"},{"slug":"swan-force","name":"Swan Force","score":58,"custodyModel":"Custodial","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Employer plan fees","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/swan-force"},{"slug":"strike-rewards","name":"Strike Rewards","score":57,"custodyModel":"Custodial","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Free","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/strike-rewards"},{"slug":"nexo","name":"Nexo","score":53,"custodyModel":"Single Custodian","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Varies by tier","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/nexo"},{"slug":"coinbase-earn","name":"Coinbase Earn","score":49,"custodyModel":"Single Custodian","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Variable yield","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/coinbase-earn"},{"slug":"salt-lending","name":"SALT Lending","score":49,"custodyModel":"Single Custodian","spof":true,"independence":"0/4","insurance":"Not disclosed","insuranceBasis":"","regulatory":"Not published","qualifiedCustodian":"n/s","fees":"Varies by LTV","minimum":"$0","incidents":0,"asOf":"2026-02-18","isPublisher":false,"url":"https://proofofcustody.io/platform/salt-lending"}]}