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Unchained Lending

B+
Collaborative Multisig CollateralDistributed1/4 independence pillarsBorrowers
Visit Unchained Lending
By Steve L, Editorial Lead·Reviewed by Proof of Custody Editorial
·Last updated Feb 18, 2026
80
Custody & SecurityEase of UseFeesFeaturesTransparencySupport
Score Breakdown
Custody & Security35% weight
85
Ease of Use20% weight
78
Fees15% weight
65
Features10% weight
85
Transparency10% weight
75
Support10% weight
90
Assessment
Key Strength

Borrow against BTC in collaborative custody. Client holds keys to collateral.

Primary Risk

Higher rates than TradFi. Liquidation risk. Requires hardware setup.

Custody Features

Custody feature data not yet available.

Fees
11-14% APR
Minimum$0
Custody Independence Standard
1 of 4 pillars met
Vendor independenceDepends on configuration
Entropy independenceDepends on configuration
Control independenceMet
Operational independenceDepends on configuration

2 independent parties or systems must fail before a Unchained Lending holder's bitcoin is at risk.

  • •No single party can move funds, which is a genuine structural strength.
  • •Vendor and entropy independence depend on the holder using devices from different manufacturers. A holder who buys several units of the same model reduces this arrangement to a single vendor failure domain.
  • •The holder retains responsibility for geographic separation, device maintenance, and heir handoff.
How this is assessed →
Insurance

Unchained Lending's custody insurance is not publicly disclosed.

Frequently asked questions
Is Unchained Lending safe?+

Unchained Lending uses a collaborative multisig collateral model and scores 80/100 in our independent review, including 85/100 on custody security. No single institution can unilaterally move funds. Safety depends on your priorities; see the full score breakdown above.

Is my bitcoin insured at Unchained Lending?+

Unchained Lending's custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.

What happens to my bitcoin if Unchained Lending fails?+

Unchained Lending's architecture distributes control, so no single institution's failure alone can move or lose your bitcoin. Recovery depends on the specific structure; see the custody section above.

Does Unchained Lending support inheritance?+

Unchained Lending does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.

Compare

Unchained Lending vs Others

vs OnrampA
90/100
vs Onramp FinanceA
89/100
vs UnchainedA-
85/100
vs Onramp LendingA-
84/100