It depends on what you need it to survive. Unchained Lending runs collaborative multisig collateral custody, with no single point of failure recorded: no one institution's failure reaches your bitcoin on its own. Proof of Custody scores it 80/100 as of 2026-02-18. Collaborative multisig is a good fit for technical-enough holders who want real control with a safety net — comfortable with hardware wallets, firmware updates, and a signing ceremony, and the wrong choice for the non-technical spouse, parent, or heir who will one day hold this alone — if they cannot run a signing ceremony, the arrangement quietly becomes single-provider custody the day you are gone. The score is an editorial judgement; the facts to check are the custody model, the single point of failure and the incident history below.
| Custody model | Collaborative Multisig Collateral Proof of Custody classification from the provider's own documents |
|---|---|
| Single point of failure | No: no single party can move or lose the holding alone Record as of 2026-02-18 |
| Who holds the keys | Not published in enough detail to state |
| Independence standard | 1 of 4 pillars met |
| Insurance | Not disclosed by the provider |
| Regulatory standing | Not published |
| Qualified custodian | Not stated |
| Incidents in the registry | None recorded. Absence from the registry is not evidence of safety. |
| Fees | 11-14% APR Provider pricing page; verify before relying on it |
| Minimum | $0 |
| Proof of Custody score | 80/100 Editorial judgement on the published methodology, as of 2026-02-18 |
Facts come from the provider's own documents and public filings, with the date they were last checked. The score is Proof of Custody's judgement. Dispute a row through the corrections process.
Borrow against BTC in collaborative custody. Client holds keys to collateral.
Higher rates than TradFi. Liquidation risk. Requires hardware setup.
Custody feature data not yet available.
2 independent parties or systems must fail before a Unchained Lending holder's bitcoin is at risk.
Unchained Lending's custody insurance is not publicly disclosed.
Unchained Lending uses a collaborative multisig collateral model and scores 80/100 in our independent review, including 90/100 on custody security. No single institution can unilaterally move funds. Safety depends on your priorities; see the full score breakdown above.
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.
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.
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.