DeFi RateApp Offers

BitcoinBitcoin is at $84,237, down 1.8% in 24 hours

BTC/USD from DefiLlama’s price index, priced .

Lending BTC in DeFi earns about 0.03% a year, and borrowing BTC itself costs about 1.33%. Borrowing stablecoins with BTC as collateral is a different loan: from 3.9% a year in the larger markets.

Lending BTC · supply APY
0.03%

Weighted by the $6.9B of BTC tokens supplied across 17 markets. Variable. Up to 0.20% in a $100M+ market (Venus Core Pool, BSC).

Borrowing BTC · borrow APY
1.33%

Weighted by the $244M of BTC tokens borrowed across 15 markets. Variable, less any rewards.

Stablecoins against BTC · borrow APY
3.9%Aave v3

Borrow USDC against WBTC on Arbitrum: the cheapest of 10 markets with $200M+ of BTC deposited, up to 13.7%. Variable.

Rates observed
Explore Bitcoin

Every Bitcoin page on DeFi Rate

Loans, ETFs, funding rates, price odds and taxes. Live figures are as of the time each page last checked.

Borrow and earn

Bitcoin lending ratesLiveBorrow against Bitcoin from 3.9% in DeFi or 7.49% APR from lenders. Compare every market and price a loan in the calculator.Crypto lending platformsBitcoin-backed loans from Nexo, Ledn, Arch, Figure and more, from each lender’s own site.Crypto borrow ratesWhat borrowing costs on Aave, Compound, Morpho and more, market by market.DeFi lending ratesStablecoin and crypto supply rates across lending protocols.

Invest and trade

Bitcoin ETF inflowsLiveBitcoin ETFs hold $108.1B across 12 funds. Net flow on Oct 6: +$119M.Bitcoin funding ratesLiveLongs are paying about 7.1% a year to hold Bitcoin perps, weighted by open interest across 7 exchanges.Perp funding ratesFunding across exchanges and coins.Crypto bridgesMove WBTC, cbBTC and other tokens between chains: bridges by volume and route.

Predict

Bitcoin price predictionsLiveKalshi traders give Above $99,999.99 the highest chance, 38%, ahead of Above $109,999.99 at 20%. More than one outcome can resolve Yes.Crypto prediction marketsLive 15-minute Bitcoin odds on Kalshi and Polymarket, and the most-traded crypto markets.CLARITY Act oddsThe crypto market-structure bill and the odds it passes.

Taxes

Free crypto tax calculatorEstimate capital gains and income tax from your trades, or import an exchange CSV. No account.Best crypto tax softwareKoinly, CoinLedger, CoinTracker and more: what each costs for your number of transactions.
DeFi lending

The largest Bitcoin lending markets

By BTC supplied. WBTC, cbBTC, tBTC, LBTC and BTCB count as BTC. Lend APY is what suppliers of BTC earn; borrow APY is what borrowing BTC itself costs, less any rewards. Both variable.

Full comparison →

The largest Bitcoin lending markets, by BTC supplied
1WBTC · Aave V3Ethereum0.00%0.32%$2.9B$61M
2CBBTC · Aave V3Ethereum0.00%0.28%$1.5B$10M
3BTC · JustLend V1Tron0.01%2.09%$551M$1.6M
4BTCB · Venus Core PoolBSC0.20%1.16%$462M$114M
5CBBTC · SparkLendEthereum0.00%0.04%$415M$12M
6WBTC · Aave V3Arbitrum0.02%0.75%$254M$13M

Every BTC market, lenders’ published rates and the loan calculator →

Sources: DefiLlama (BTC/USD price), observed ; DefiLlama (BTC lending markets), observed ; DefiLlama (stablecoin loans against BTC), observed ; exchange APIs via DeFi Rate (funding), observed ; DefiLlama (ETF assets and flows), observed ; Kalshi via DeFi Rate (odds), observed .

Crypto

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